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stir_fryi

FSBO -- What's next after agreement to purchase

stir_fryi SE Mich
11 years ago

Parents are selling a condo vacation home. Currently not under contract with any realtor (procurring cause has also expired).

They have an interested party and have agreed to a purchase price.

What now??? I think the best bet would be to hire a title attorney to handle a purchase agreement and the closing. Question is -- do my parents secure the attorney or does the buyer? It makes no sense to me for both of them to hire an attorney when they are in agreement on the purchase price, date and closing costs.

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