ANSWERS: 1
  • Buy a real estate purchase form and deposit receipt. Better yet, try to get a blank form used by your local real estate agents. Go to an office and ask for one. They should give you a copy. Fill out the form. Then have it checked by attorney, rather than have the attorney fill it out- you'll save money. Chances are that you won't need a lawyer to close the deal. Take the filled out form to the seller and ask him to sign it. If you negotiate, then make the changes on a separate counteroffer form. Once you all agree on terms-sign ALL forms, then take it to an escrow or title company and open the sale. Use the lowest possible deposit- $100 or $200, to bind the contract. You'll have to ride heard on it, as sellers can wander. Close it as soon as you can, to avoid other influences that could affect the deal.

Copyright 2023, Wired Ivy, LLC

Answerbag | Terms of Service | Privacy Policy