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I bought three homes from owners. The laws varies from state to state.
I called my escrow company to provide me a form from the state. All residential sales uses this form. Its very easy and simple to fill out. AFter both parties signs, I submit to escrow office and they take care of everything from there.
Iceman is absolutely correct.
We split the cost of escrow.
I pay for the title report on tow of those houses. The other belonged to my neighbor and I saved a few bucks on the title report only because he don't owe anything or in any debt and no liens.
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