In that case, you will need the lawyer to draw up the note and associated paperwork.I'm not exactly sure what is meant by subject to financing, but that sounds a lot like a finance contingency, where in the buyer is allowed to bail out of the contract if they can't get a loan.

Congrats on your success John.When buying an apartment complex, most lenders would prefer you have a brand-new LLC because they do not want any contingent liability from what happened in the past with that LLC. 

I'm not certain, but it sounds like the insurance company coverage was contingent on an inspection from their approved source, which took a month to get back to you. 

ABC Baltimore appraisal came at $102,000 (contingent on the basement flooring being fixed).

Attorneys to worry about are contingency attorneys and legal aid.

I figured I am willing to sign saying I will purchase on the contingency that I am satisfied after an inspection. 

Also, get a home inspection and have a home inspection contingency in your contract. 

The deposit may be ordered forfeited if the successful bidder fails to complete the transaction within the thirty-day period.The property is being sold "as is," subject to no contingencies whatsoever.

Hi Jennifer, additionally have a contingency plan in place if the property doesn't sell within your desired timeframe.

I also released my EMD after contingencies so she has some cash to work with in the meantime.