alt Hacker NewsThe title is often actually transfered, and it is a mess to clean up.
You could walk into a court house and submit paperwork for filing, that transfers the title - all without any kind of sale or verification. It happens.
The title is often actually transfered, and it is a mess to clean up.
You could walk into a court house and submit paperwork for filing, that transfers the title - all without any kind of sale or verification. It happens.
Hmm, I guess you technically just need to convince a notary that you're the seller and with virtual closings/ mobile notaries I guess that's probably pretty easy.
But still the scammer would never see the earnest money, unless the buyer backed out outside of an option period for whatever reason. Presumably they wouldn't if the land is cheap, and they've agreed to pay cash and put earnest money down.