Updated about 7 years ago on . Most recent reply
Basic Contract to sell by owner
Hello, I own a condo in Laguna Niguel CA and a 3 bedroom house in Burlington KY. Both are rentals and the tenants living in each one would like to buy from me. This would be a great way to save commission but I have never done a sale by owner. The good thing is the tenants have lived in the properties for years and know them well. Is there somewhere I can get a good generic sales contract that I could use as a model? I have googled but have not found anything good. I'm hoping I can get a good simple contract and just open escrow with a local escrow company - probably split closing costs between me and buyer. Any other issues I should know about?