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Thread: What to do? buying vacant land in GA

  1. #1
    Join Date
    Aug 2006
    Posts
    8

    Default What to do? buying vacant land in GA

    Im buying a vacant lot in Georgia.
    I have always purchased homes with a closing and all that.
    What should I do to purchased this vacant land?
    The owner wants cash.

    I really dont trust them becasue they are trying to squeeze me for more money after we made a verbal agreement.

    I informed them that they arent under a legal obligation to me but are certainly under a moral obligation. What they wee doing was just plain wrong.

    It appears that they are going to honor the verbal agreement but I am worried that they are looking for a way out.

    I need help really bad.

    How can I make this transaction legal with both owners names on it?

  2. #2

    Default Re: What to do? buying vacant land in GA

    You don't mention whether you are working with or are a professional. I assume no to both.

    Therefore, I suggest you either: work with a real estate agent or hire an attorney.

    IMO there are too many risks conducting RE transactions without a professional. Sure, sometimes you get lucky and they work. But if you are not experienced at conducting RE business more oft than not you will find yourself in quite a bind.

    Good luck.
    Panama City Homes for Sale, Panama City Real Estate and Panama City Beach Condos

    The Panama City Real Estate Team at Keller Williams Success Realty - Your source for Panama City real estate sales, services and information. For additional information on Panama City and Panama City Beach Real Estate, contact me or visit our website.

  3. #3
    Join Date
    Aug 2006
    Posts
    8

    Default Re: What to do? buying vacant land in GA

    I got an attorney.

    The attorney will do the closing on the land for me this Friday.

    Im closing on my house this friday as well. (selling)

    Im using the same attorney.

    Thanks

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