Buying land in Nc

sam(slim)

Well-Known Member
Joined
Mar 21, 2005
Location
Winston-Salem, NC
My neighbor has offered to sell me the half lot between my house and his father's house. (He lives on the other side of me) Lot is on a separate deed from from his father's house and I already have the other half of the lot. I sold my own house years ago but have never been on the buyer's side without a realtor involved. What paperwork do I need? What info can you give me on the process I need to follow?
 
In NC, a lawyer has to be involved. Ask around, price shop too. The attorney can answer these questions. As a buyer, you would not pay a buyer's agent anything - that comes from the seller, most of the time. And an agent looks out for your best interests - but, you can still do a deal person to person, if you choose. Attorney, nonetheless.

Also, survey, survey, survey. Know with 110% certainty what you are getting.
 
Find a real estate lawyer and have the property surveyed.
 
sam(slim) said:
My neighbor has offered to sell me the half lot between my house and his father's house. (He lives on the other side of me) Lot is on a separate deed from from his father's house and I already have the other half of the lot. I sold my own house years ago but have never been on the buyer's side without a realtor involved. What paperwork do I need? What info can you give me on the process I need to follow?
Click to expand...

Details will determine the direction Id take this.
Attorney will be necessary to record the deed etc.
Around here because of the decades-long Catawba Indian litigation title insurance is always required (or desirable)

Sounds like a couple acre or less transaction. The biggest possible issue would be line particulars, and potential impacts. Silly shit you dont think of. I once bought a lot that unknowingly had the neighbors well on my lot. They had drilled the well wrong 20 years before, but due to some BS law I became responsible for ensuring their well worked. Is there any kind of buried heating oil tank. Those kinds of weirdness can wreak havoc on you.
 
It’s a newer development the corners are still marked. Less then half an acre. I just want it to add to mine so I can build a shop. The other half of the lot has already been added to mine when my house was built.
 
Sounds simple enough. Call around, find a real estate lawyer that will rep both sides. If it's newer development and divided recently. There is likely a plat map recorded with the deed. A lawyer will figure that out and advise on survey or not. Should be a simple process.


Sent from my iPhone using Tapatalk
 
I don't think a lawyer is required, but they will make the process a whole lot easier and quicker.


Matt
 
Back
Top