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re: Information for my fellow Real Estate Investors

Posted on 4/11/17 at 1:26 pm to
Posted by thatguy777
br
Member since Feb 2007
2393 posts
Posted on 4/11/17 at 1:26 pm to
One more question, when you buy a house all cash are you just using a title attorney to do title research or are you getting inspections and appraisals also? Or are you even using a title attorney to do title research on the house? Thanks, I've bought two homes and both were financed so not sure of the all cash process.
Posted by stevengtiger
Member since Jul 2013
2778 posts
Posted on 4/11/17 at 1:37 pm to
quote:

when you buy a house all cash are you just using a title attorney to do title research or are you getting inspections and appraisals also


We always get title research and title insurance. We inspect about half of the homes we have bought. We usually take our contractor with us and he knows what to look for. Haven't gotten an appraisal done yet until selling.
Posted by baldona
Florida
Member since Feb 2016
20648 posts
Posted on 5/29/17 at 12:53 pm to
quote:

One more question, when you buy a house all cash are you just using a title attorney to do title research or are you getting inspections and appraisals also?


You will need a copy of an inspection in order to get insurance. So keep that in mind, if you are flipping it and don't want insurance that is one thing. But for a rental you will need to get insurance obviously.
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