Home Buying in Ferndale>Question Details

Sherwood, Home Buyer in Ferndale, MI

"what do I do when I have made my last payment on a land contract?

Asked by Sherwood, Ferndale, MI Sun Jul 17, 2011

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good morning sherwood... the deed will transfer to you....seller's itle and transfer tax is the responsibilty for the current deed holder unless written to the contrary in the contract...i also suggest pulling a title committment without standard exceptions...just to make sure it's clear....if you do a title search, the title co. will charge you...a committment (as if you are going to reifnance..there's no chrage unless you close...
best regards
bob mcclure
percentPlus
0 votes Thank Flag Link Sun Jul 17, 2011
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