What kind of deeds are out there?
A warranty deed is the type of deed where the seller will guarantee clear title to a piece of real estate and has the right to sell it to the buyer.
Special warranty deed
Doesn’t protect as much as General Warranty Deed, the grantor of this deed conveys the property with 2 warranties:
- The grantor warrants that they have received title.
- The grantor warrants, unless noted specifically in the deed, that the property did not have any encumbrances during the period they owned the property.
There are no warranties prior to their taking title. If specifically stated in the deed, other warranties can be conveyed.
Quit claim deed
A quitclaim did does not have any warranties that the title is clear, research prior to purchasing is highly advised.
What is deed for a property?
A deed it’s is the property’s legal title and it’s proof that ownership is transferred. It’s similar to the title you receive when purchasing a vehicle.
How much do closings cost for a cash buyer?
The closing cost is different from county to county and state to state. Ask the seller how much closings will be. Or contact different escrow companies in the area and compare how much they charge.
How do I find directions to the property?
Some of the vacant lands don’t have a physical address, what you will have to do is, find the GPS coordinates under property description (each property has it on the property page) and paste the GPS coordinates in Google Maps and it should take you to the exact location. Every property should have an APN Number ( Assessor’s Parcel Number) available under Property Description.
How do I find out if the property has frontage / road access?
Access to road can be found at the appraiser’s office. To make sure that the property you are interested in has road access, call the assessor, they should have the answer to that question. Sometimes you will be able to find that information in the property description. Dirt country roads are common, make sure you navigate carefully with your vehicle to avoid any accidents. A second option will be to contact the county office and ask about road access they should have a map with all the roads in that certain county.
How do I check what type of utilities are available on my property?
To find information about utilities that are available on the property, make a Google Search for “County Name” “State” Appraisers. Give them a call and ask all the questions you have about utilities, they should have the answer. Also, don’t forget to ask the seller, they can be a great source of information.
How do I check to find property zoning restrictions?
The best place to find out about property zoning restrictions is by contacting the appraiser’s office in the county you want the property. This could be done by a simple Google Search : ” (name of county) (state) appraiser’s office. When you call just say that you are interested in purchasing a vacant lot and you would like to find out the zoning restrictions. Make sure you have the property APN number ( Assessors Parcel Number) to help them locate the vacant lot you have questions about.