Redfin

AUGUST 5, 2025

Consider discussing options such as a life estate, renting back to your parents or buying a second home. Perform a title search Don’t skip out on completing a title search , even if your parents are the only ones who’ve owned the home.

Purchase and sale agreement

Realtor.com

OCTOBER 29, 2020

When you buy a home, you “ take title ” to the property and establish legal ownership—a process that’s confirmed by local public land records. As part of the closing process, your mortgage lender will require a title search, and you’ll need to purchase title insurance to protect you from legal claims to the house.

Closing

HomeLight

MARCH 2, 2023

Do they need to do a rent-back on the house, or do they want a quick close? Who customarily chooses the title company can vary by county — but if it is the buyer’s choice, your real estate agent or mortgage lender will likely have a recommendation. What is their timeline and what will make our offer stand out?”

Closing

HomeLight

NOVEMBER 10, 2021

They’ll know whether offering a rent-back period could sweeten the deal, or if it’s more common to pay seller closing costs. A good agent will reach out to the seller’s agent and ask about non-financial perks, such as a flexible closing timeline or rent-back period, that could seal the deal.

Inspection