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Updated almost 3 years ago,
Purchase Contract for Off-Market Property
Hey BP,
I just had a verbal offer accepted on an off market property. My next step is to email a purchase agreement to the sellers so they can pass it along to their attorney for review before signing. This is my first time purchasing an off market property so I was hoping to get some advice on what purchase contract to use. I feel stupid asking, but is the template BP offers sufficient (I imagine it would be) or are there other templates for a contract agreement people would recommend? FYI - I don't plan on wholesaling this but rehabbing myself.
Thanks,
Kyle