I also understand the sellers attorney is the one to draft the mortgage and note by standard definition.but is it standard for the buyer to cover that fee then if the seller insist on using only his attorney?

Depending on the laundry vendor you could get some push back on the auto renewal clause but if you don't want it, insist it be scratched.

If they are all 30 yrs old and concrete, then I would insist on a large amount of money set aside for repairs...or I would just walk on the deal...Just my $0.02

https://www.rentecdirect.com/b...So, an owner insisting that a PMC give them confidential applicant/tenant information, often proves that an owner who THINKS they can DIY manage, has NOT done their homework regarding all the legalities involved in managing rental properties!

And who has responsibility for what.Even if you go the Lawyer route, they will insist on getting a surveyor anyway.

There are accountants out there insist that as long as it is a business like arms length transaction that it can be done. 

The roof on this property was over 8 yrs old and the buyers insisted on a new roof with a contractor of their choice (to the tune of $14000 vs $9000).

Personal fave: SF insisting on buying and building “affordable housing” to the tune of $800k to $1 million per unit, for a few lower income (or homeless) people who literally win the lottery and get the unit at a huge subsidized price or rent.

But, he insists to stay

Is it possible that the lender (bank), however, would insist upon an accurate appraisal and inspection of the home and diminish their loan amount, accordingly?