My question is basic to most real estate, but I don't know the answer.If they've got it listed with a realtor, can I walk in my friends' house, present my offer, produce a contract, and be legal in it?

Since this is your first time, it may be very wise to seek legal advice from an attorney and even let the attorney handle the entire process.

And, have to admit, I read about the issue from regulatory concerns, I didn't dream this up and sorry, can't remember where, but had to do with legal opinions on the applicability of funding appropriate ventures.

We had people in the congregation questioning the legality of the renovation (CHURCH DRAMA) I just called up the director of the local permits department, I met with him and he explained everything to me very clearly.

All we can do is suggest things and by no means is our information being given as legal advice.

Legal question:Florida statutes say that new owners are responsible for paying previous owners arrears.

Regardless, I expect it could just turn into a miserable 3 way legal battle with the insurer and SDIRA provider since I see their website disclaims “Equity Trust is a passive custodian and does not provide tax, legal, or investment advice.

Give them a report or a postcard about seller financing.See http://www.nolo.com/legal-encyclopedia/seller-financing-home-sales-30164.htmlI like the We Buy or Lease Option Houses model.

A list "legal documents" and their purposes.

Real estate agents might be able to provide you a standard state contract, a real estate attorney can likely provide you one, and you can probably find samples online or in the fileplace (though beware that they may not be legal for your state).