Welcome!

By registering with us, you'll be able to discuss, share and private message with other members of our community.

SignUp Now!

End of rent-to-own term

margueritemcleod

0
Registered
Joined
Mar 24, 2010
Messages
6
This is my first rent-to-own where the renter intends to purchase the home.



What should I send to confirm their intention?



Should I involve a lawyer to draft the purchase and sale documents?



Any advice?
 
[quote user=margueritemcleod]What should I send to confirm their intention?
Through a signed offer to purchase.

[quote user=margueritemcleod]Should I involve a lawyer to draft the purchase and sale documents?
yes, unless you have experience and can recycle one that worked in the past.Most areas have a template offer to purchase that you can buy, and thus avoid a lawyer. But since you will close with a lawyer anyway, why not pay the extra $200 for a review ?
 
Back
Top Bottom