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Tina
Tina, Lawyer
Category: Real Estate Law
Satisfied Customers: 5436
Experience:  17 years of legal experience including real estate law.
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PURCHASING 6.63 ACRES OF LAND IN SC. THE LOAN IS OWNER

Customer Question

PURCHASING 6.63 ACRES OF LAND IN SC. THE LOAN IS OWNER FINANCE. I WANT TO MAKE SURE I AM GETTING ALL THE PROPER DOCUMENTS , SUCH AS CONTRACT, THE TAXES... IS THERE A DEED I SHOULD GET NOW OR ONCE THE LOAN IS PAID?PLEASE ADVISE
Submitted: 11 months ago.
Category: Real Estate Law
Expert:  P. Simmons replied 11 months ago.

Thanks for the chance to help. I am an attorney with over 12 years experience. Hopefully I can help you with your legal question.

Expert:  P. Simmons replied 11 months ago.

This depends...that is, it depends on your contract. Can you tell me, is this a "contract land purchase" (where you get title AFTER the complete)? Or is this a traditional sale (where you take title immediately and execute a deed of trust for the mortgage)?