When you purchase a property directly from the homeowners, you and the seller attend a closing in which a title company's agent or an attorney shuffle all the paperwork and file the necessary records.
When you purchase a property at an auction or sheriff's sale, however, you receive the deed, which you must then record at the Register of Deeds office to have your name officially added to the title. See Chapter 11 for details.
After dropping off the deed to have it recorded, make sure you obtain title insurance to protect you from any hidden claims against the property. Some title companies do not offer title insurance for foreclosure properties or properties you pick up at a sheriff's sale.
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