Subject To Contracts and Lawyers

[Ed Caldwell]

Good evening BP family,

I engage a lawyer in an attempt to draft legal contracts in order to do Subject To deals and for any Seller Financing through Lease/Option, all while being a licensed AZ Realtor.  So far I have paid him $375 for a lecture on the current legal structure and restrictions, which I am well aware of already.  He now wants an additional $3,000 to draft these contracts, which I could use over and over again going forward. He also said I was not required to use the standard ADRE approved purchase contract as a Realtor, which surprised me to say the least.  He also said "Keys to the real money door cost a little money", which is reminiscent of the Guru pitches out there, which made me uneasy. 

Anyway, any insight and/or advise would be greatly appreciated, especially if this price is reasonable?

Thank you for your participation.

[Terry Lewis]

You could contact Jim Eckley. [email protected]

We also have a 1:20 minute video on our web site with Mr. Eckley talking about Seller Financing. I would start there. Your attorney is correct that it will cost $ to create the forms. However you need to make sure the money you spend is going to get you where you need to be.

Terry