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Updated almost 2 years ago on . Most recent reply

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12
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7
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Alex Smith
7
Votes |
12
Posts

Legal Firms/Documents when Purchasing Property Without Realtors?

Alex Smith
Posted

Good afternoon,

I have an opportunity to purchase a few off-market properties without the use of neither a selling or buying agent. I wanted to make sure I am not missing anything from the administrative side.

From the purchasing side, I think I need:

Initial Purchase Agreement - Could someone share a purchase agreement generator that they use?
Survey - (I'll hire a local contractor)
Inspection - (I'll hire a local contractor)
Title Search - (Real Estate Lawyer)
Settlement Statement - (Real Estate Lawyer)
Real Estate Transaction Contract - (Real Estate Lawyer)

Cash close, so I don't think an appraisal is needed.

Am I correct in this? Are there good legal networks to use to lower the cost of these real estate transactions?

Any other advice when not using a realtor? 

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