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Neighbor is offering to buy my house.

My neighbor and I have agreed upon a purchase price for my home. The realtor I have met with once (did not sign any paperwork) expects it to sell about 10K more than what my neighbor has agreed to buy it for.

After paying my realtor and the buyer’s realtor, I imagine I would come out with about the same return selling to the neighbor as I would going to market.

In this case, should I hire an attorney to look over any documents and perform a title search as this process is completed, or would that be on the buyer? I hired the attorney when using a realtor when I purchased the home, but wasn’t sure if ai should hire the attorney to CYA. I don’t mind paying attorney fees to save on paying realtors.

Anything else you would note going through this process?

Thanks.

submitted by /u/kforhiel
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source https://www.reddit.com/r/RealEstate/comments/tnms50/neighbor_is_offering_to_buy_my_house/
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