After a long time of searching, my spouse and I finally found a great home and had our offer accepted. It is not contingent on the sale of our condo. Our condo association is only 8 units and when one of the owners heard mine would be going on the market very soon, reached out to someone that has expressed interest in our units. She same - looked - loved. Made a full asking price offer and wants to do it without agents... She also wants a 30 day close (we don’t close on new home for 40 days now) but is cool with us setting a vacate date after our close. She doesn’t think she even wants an inspection. She did mention that she is preapproved - indicating there is financing involved.
She is going to have an attorney draft an agreement for me to review... She asked if I was open to using the same attorney to which I said I would certainly have another attorney look at the agreement on my behalf.
What concerns should I have? What should I look for? What is the savings between using just an attorney or two versus agents? What is the cost for an attorney to review an agreement like this?
Any advice would be greatly appreciated!
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source https://www.reddit.com/r/RealEstate/comments/dafm09/home_sale_no_agent_help/
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