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    prvcy's Avatar
    prvcy Posts: 1, Reputation: 1
    New Member
     
    #1

    Nov 30, 2006, 09:55 AM
    Ohio Deed?
    Hi there,

    As I'm looking to buy, a wonderd what cost are involved on a deed,
    I tell you why, here with us we are obligated to pay a certain amount of the value to recongnise the sale (sort of deed I guess),

    so does some one can tell me what the price of a deed is?

    Kind regards
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
    Uber Member
     
    #2

    Nov 30, 2006, 10:13 AM
    Hello prvcy:

    I'm not sure what you're asking. In any real estate transaction there are closing costs involved. Among others, there are taxes, insurance, appraisals, escrow fees, real estate commissions, etc. The cost of the deed is included. An escrow company could handle the closing.

    However, I think you need the services of a real estate attorney. Investing in real estate, like any investment, can be profitable if you know the real estate business. I can tell, by your question, that you don't.

    That doesn't mean you shouldn't invest. You should. Just make sure that you have all the resources you need at hand, and if you don't know the law, you need to have somebody on the payroll who does.

    excon

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