Investor · San Diego, CA · Member since 2014 · 79 posts · 17 votes
Hi,
Looking to place an offer on a 5-unit building in Ohio. The realtor we are working with wrote a Letter of Intent and the seller's attorney replied with a few pages of text "addendum. The seller's attorney offered to write a purchase agreement; however, my realtor recommends to work with an attorney to write an offer.
Is it normal to hire an attorney to write a purchase agreement in Ohio? Where I'm in CA, it's just purchase agreements, and communications through the counter offers. It seems strange to hire an attorney to just write 1 offer - what if it's not accepted, I'm out few hundred bucks
Investor · Pittsburgh, PA · Member since 2015 · 1k+ posts · 1k+ votes
8y
@Minka Sha if your agent has any experience in the RE market place they can write an agreement for you. Its not rocket science. Make sure you have a mortgage clause and an inspection period and the least amount of hand money the seller will accept. Its that easy.