Q: It looks like the price is the final all in price, is that right?

A: Yes, the list price is what you pay, unless you add a service at closing.

Q: Is the list price negotiable?

A: NO! our price is everything to you, the lot, the closing, the title insurance All of it.

Q: Can I choose my own attorney or title company?

A: No, it's rolled into the listed price. The title will be insured at closing, and the title work is well under way before you are made aware of the property. The title company chosen is bonded and insured, as well as underwritten by a major title insurance company. They have completed most of the title work prior to the lot ever being posted for sale.

When buying the lot, your choice is simple: "Yes, I'll take it" or "No, I pass." That's it.

If you use the same underwriters when you sell, In some cases, you may get whats called a re-issue rate. This is a cheaper rate on the new policy. While its not guaranteed it's up to the underwriter on a case by case basis.

Q:  Who is the title under writer?

A: On most transactions it's Old Republic National Title Insurance Company or Attorneys' Title Fund Services (The Fund)

Q: Can I use the title insurance when I build and sell the house?

A: Sometimes! if you use the same attorney or title company to close the deal, they can rewrite the same policy and give you a reissue rate for the increase in value, but thats not guaranteed it depends on the title company as well as the transaction.

Q: What is the time frame to close the sale.

A: In most cases its 21 days, that can change slightly with weekends & holidays

Q: What if i need more time to close?

A: Talk to the lot sales representative, in most cases we can add up to a week if there is good reason. If you need longer, than this lot may not be for you.

Q: Do you accept mortgages when closing?

A: It depends, but Cash is king and our lots go under contract fast, most times we have a contract in a few hours. Cash buyers are given a priority.

Q: Is this a direct sale from you or an assignment?

A: In most cases, this is an assignment between our contract with the owner of record and you, the end buyer. In some instances, we do a double close, where we take title from the owner of record and resell the property to you. (This usually leads to higher end costs for you, as we have double closing costs that are incurred.) So normally, an assignment is your better choice, for both cost and chain of title integrity. Each lot, when we list it, is shown as an assignment, double close, or an outright sale.

Q: Is there a deposit on the sale of the lot when we buy it from you.

A: YES. In most cases it is $1,000.00, if its more or less that specified at the time we list it as well.

Q: Is there a warranty when we buy.

A: No all sales are AS-IS, the title is free & clear and insured. (please do your due diligence before the contact if need)

Q: What if I need time for the due diligence... 

A: All sales are on a first come first serve basis, "BE READY" Most prime locations get contracted up in a few hours or less.

Q: Is the deposit refundable?

A: No. Not unless we can not provide insurable title as determind by the underwriter. 

 

Q: What if I have more questions?

A:  Use the Contact form and we will reach out to you. Email us @ nationalpropertybuyer27@gmail.com 

Or call us, @ at 407-744-2750 leave a message and one of our sales reps will call you back