Joseph – Buy them together on one deed. Cheaper, simpler. Sell them one at a time by creating a new deed for each sale. I have bought up to 14 properties on one deed and sold them all one at a time. Easy.

Paula – Welcome and good luck to you!

Martha – I think the realtor is just trying to weed out the tire kickers. You can only be upfront with him and tell him the funding will be by “others”. If he doesn’t like it, he can find another buyer.

E.A. I think you over estimate the frequency of this occurrence. I would just send the mail. You or I can not ever guess what a person will decide to do with that offer.

I never have the Purchase Agreement notarized. I almost always have the PA signed using docusign.

Yes, call the clerk’s office and ask what is required for you to get your deed recorded. They should tell you what documents you need. A good place to check first is deed.com. They have somewhat accurate information on recording requirements for most counties. When using that information for the first time I always check the info by calling the county.

When you need an attorney, call an attorney. I think you will need an attorney to fix this with the county. It may just be a phone call and a couple hundred dollars. I would not try to convince the county that I know more about deed language than they do. They will listen to the attorney. Good luck.

I second what Laurie said.

Douglas – in WA I have used Notary Close (ie self close), Attorney Close, and Title Company Close. If you are not sure I suggest using a title company. WA has more paperwork than most states.

Jeremy – simply create the Warranty Deed when you sell it. By doing this you are giving the buyer a guarantee that there are no problems with the chain of title ever in the past. By selling on a Special Warranty Deed you only guarantee that there are not title issues during the time that you owned it. SWD is preferred when selling.

Martha – It looks like you are getting the offers out and getting some interesting stuff coming back to you. Keep it up and look for the best deal you can find. Don’t get in a hurry to do the deal that you have in front of you.

I usually check LandWatch first. There is enough data for this county that I am confident with the $6K/acre comp. Here is the link to the data on LW.

Martha,
Nope. Comps are $6K/acre and I would offer $6K or $7K for this property. Never $25K. Seller wants full retail value. Your offer of $16K would leave you very little margin to sell at a discount. I wouldn’t take it for $16K either.

You should find out if the county will allow a driveway there. Call and talk to somebody at the county.

Josh – I would be more comfortable at $7K. At $11K there is not much margin for things that may go wrong. Look for the low hanging fruit. If you have to think to hard about a deal, it is probably not the right deal.

Joseph – that service used to be available for free to get the number of tax defaults in a county. Since that training was put together that website was sold and is now only available for a fee. I have never used tax defaults in my research for counties. No problem.

I suggest that you start out with smaller value land as you suggest and get your process set up. After about 10 deals bought and sold, then go for bigger fish. You can do well with land from landstay, but I suggest that you also start mailing offers. You need to learn how to do this to make the best profits with your money.

Alex – Oops! If I did this, I would see how much a quiet title action will cost. (probably at least $2000). Then I would consider getting the QT so that my final sale with the terms buyer would be squared away. I would choose this solution even if I had a loss. Call an attorney or a title company for specific information about Quiet Title and see…[Read more]

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Mike – I probably remove all responders with more than 95% accuracy. If they call, email, or write to me, I highlight them on my data sheet. The only ones I miss are the ones who don’t leave any name or REF number. I can’t help them – they are going to get another letter from me.