Real Estate Contract Advice??

Question

Just curious................posted on 10/15 asking for help in doing a real estate contract........

Not a single response from anyone to date?  Is there no one on this site that can help-----or did I post this in the wrong category?!

Barbara Grassey · Answer

Maybe it wasn't specific enough.  What kind of contract are you looking for?  More importantly, what are you trying to do?

Most people paid good money for their contracts, refined and customized them and then had them vetted by an attorney.  Also, handing out contracts can be construed as practicing law without a license, so some people may be a bit gunshy.

Now, all that being said, remember that a contract is merely an agreement between parties.  It is a document that changes with every deal.  So one size doesn't fit all and a really good contract only fits the specific deal it was built for.  On the other hand, a basic purchase and sale agreement is a good starting point.  You can go off your state real estate purchase and sales agreement and customize from there.  Then have it checked by an attorney to make sure you didn't trip yourself up.  I always ask an attorney that in addition to checking it for what is in the document, what should I have put in the document.

Let me know what you are trying to do -- purchase, lease option, master lease, subject to, etc. and I will see if I can come up with some advice that is more specific.

Barbara