Buying & Selling Real Estate
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 about 6 years ago,
Seller using real estate lawyer guide
I struck a deal and the seller is going to be using a real estate lawyer.
I'm not sure how this process works, I figure lawyers get the contract dialed in and we move forward to title company. But an investor told me to be cautious, as he ended up with $6,000 in unpaid taxes in a lawyer assisted deal weeks after closing it.
So BP for my sake, and future BP FAMILY inquiries: let's make a guide on how to protect yourself and what to look for in moving forward in a deal like this (without hiring your own lawyer)
Thanks in advance!
Jo