Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 4 years ago,
Buying a Property without a Realtor
I'm looking for my first property and found a potential. It's a townhome in MM for sale by owner for $175k. I'm a little nervous to proceed without a realtor since I've always relied on them to make sure I'm covered legally, contractually and that I'm following all the right laws and proper etiquette. That being said, do I need to hire a RE Attorney/firm? I asked the seller if they will accept earnest money so I don't lose it, do I need a purchase agreement when I pay the earnest money? What are my next steps? Thanks for your help.