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Updated almost 9 years ago on . Most recent reply

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Simon Stahl
  • Rental Property Investor
  • Oakland, CA
106
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268
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How to make an offer and close a deal

Simon Stahl
  • Rental Property Investor
  • Oakland, CA
Posted

I was wondering how exactly I have to make an offer on a property without using an agent. All I can find when googling is how to determine the offer price, but nothing about the exact form. I am sure there are regulations. Do I need a lawyer for that? Can someone please point me to the right place to find that information for California?

Also, once my offer got accepted, how exactly do I have to proceeds? Does the accepted offer become the sales contract? And how can I put the deed in my name? Again, without an agent if possible.

Most Popular Reply

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75
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39
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Shawn Torsitano
  • Albany, OR
39
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75
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Shawn Torsitano
  • Albany, OR
Replied

Depends on the state. I can't help with too much with California specific stuff.

Doing a quick Google search, I found this: 

http://www.car.org/3550/pdf/283726/396788/809175/R....).pdf

For some reason I can't get the link to work. Google, "California residential purchase agreement".

Generally, after acceptance, you have your due dilligence phase, and all that. Closer to closing, there will generally be a title company involved, unless your state requires attorneys.

Why are you against using an agent for purchasing properties?

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