Dozer95662
TUG Member
If the seller and I trust each other, can we manage the transaction without an escrow company? Is it only a matter of the seller receiving the money, and completing some paperwork with the resort?
Or is there esoteric paperwork that the escrow company handles which a "regular guy" would find hard to manage.
I envision receiving the check, confirming funds are good, and making a couple calls/faxes to the resort and being done with it.
What are the pitfalls (ie could I inadvertently forget to do a piece of paperwork and wind up in tax hot water with the county, etc?)
Or is there esoteric paperwork that the escrow company handles which a "regular guy" would find hard to manage.
I envision receiving the check, confirming funds are good, and making a couple calls/faxes to the resort and being done with it.
What are the pitfalls (ie could I inadvertently forget to do a piece of paperwork and wind up in tax hot water with the county, etc?)