Updated about 12 years ago on . Most recent reply
Binding contracts
If I am making an offer on a property do I need to pay a lawyer to prepare a binding contract or can I legally create my own? How does this process work?
P.S I do not plan on closing. My goal is to wholesale the property.
Thank you ahead of time for any input
-Rob Z
Most Popular Reply
No, a lawyer doesn't have to draft it to be binding. However, you are 100% responsible for your contracts. They should be clear and fair to all parties. It's important your contract represents what you are ultimately trying to accomplish, i.e. dont say you are going to do something (like buy their house) when you have no intension of doing so.
Good luck.