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<blockquote data-quote="ROCKSPRINGS" data-source="post: 499082" data-attributes="member: 3036"><p>Make sure you get, I think its called <strong>Title Insurance</strong>. They search the title and make sure the owner is the owner. Some property is owned by several family members, some have leins on it, and some is not payed off as to speak. Make sure it is surveyed and filed at the county courthouse, If it is not surveyed, it does not exist. Walk the place, there should be a survey marker at each corner, Ask to see the "plat" which is the survey it self. You can see how big your neighbors are. If you want peace and quit, you don"t want your property to border a sub division with one acre lots. Check the deed restrictions very close if there are any. Mineral rights ?? Owner financing is a good thing for the owner, he gets the interest, not the bank. Just make sure everything is in order. As mentioned before, some will foreclose on you for one late payment. Good luck</p></blockquote><p></p>
[QUOTE="ROCKSPRINGS, post: 499082, member: 3036"] Make sure you get, I think its called [b]Title Insurance[/b]. They search the title and make sure the owner is the owner. Some property is owned by several family members, some have leins on it, and some is not payed off as to speak. Make sure it is surveyed and filed at the county courthouse, If it is not surveyed, it does not exist. Walk the place, there should be a survey marker at each corner, Ask to see the "plat" which is the survey it self. You can see how big your neighbors are. If you want peace and quit, you don"t want your property to border a sub division with one acre lots. Check the deed restrictions very close if there are any. Mineral rights ?? Owner financing is a good thing for the owner, he gets the interest, not the bank. Just make sure everything is in order. As mentioned before, some will foreclose on you for one late payment. Good luck [/QUOTE]
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