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Updated over 7 years ago,
Selling first "AS-IS" Property, by owner sale!, Advise please
Hello All,
This is a as-is property I bought from bank and now selling as-is to an investor. My first transaction of this type. It is in mid-west, (MO).
I am writing a one pager property sale contract today evening, and meeting the buyer to get EMD and sign the contract.
I do have our base terms in the contract, and added another page for buyer to release me from all/any information related to lead protection and providing the link:
I do have title insurance from when I bought and the buyer is going to get his own and getting a termite inspection.
Apart from that, the only other term I am including is for me to cover the taxes till day of sale and seller city/county mandatory fees for sale.
While it is advisable to go to an attorney and get a complete contract written, I am short of time. Looking for any advise and things to watch for and include in the contract. While you may advise, I know it wont be a legal advise and therefore I will take it with that note. Appreciate your help, but looking for quick help.
Thanks.