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And if you are buying with cash, you'll want proof of income to show the seller's agent. It will help you learn if there are any easements or restrictions on the land that you need to know about. There may be a representative of the lending institution present to make the payment to the seller.
Contacting the Seller The first question a buyer must answer is whether the lot is listed for sale or not. For a property that is listed with a real estate broker, the prospective purchaser should retain an experienced buyer's real estate broker to facilitate negotiations with the seller's broker.
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