How do you make an offer from a distance?

[Edith TenBroek]

So we are partnering with one of hubbies co-workers. He has the cash, but not the time, while we have the time, but not the cash. So he is willing to buy the property, and pay the downpayment and closing. But he doesn't want to go on the house hunt. He is completely prepared to have us pick the house. We are looking at houses two hours away. We don't mind the drive, be he really doesn't have the time.

So logistically how do we go about this? If we pick the property, but he is buying how does he make the offer, give the realtor earnest money, etc. etc. We can figure out a long distance closing, but what about the offer?

[Pete T.]

get the terms of your partnership formalized and in writing

biggest take away