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What Form Do I Use To Make An Offer To Buy A Condo That Is Being Sold By The Owner?

I want tο mаkе аn offer οn a condo, bυt I ԁο nοt know whаt form tο υѕе. I've bееn looking online, bυt I саn't find one. Anу іԁеаѕ? Thanks

6 Responses to “What Form Do I Use To Make An Offer To Buy A Condo That Is Being Sold By The Owner?”

  1. When I bought my first house, I just wrote a simple:
    I, ,my name, agree to purchase the house at 999 streetname from theirname for $99,999. My deposit is $9,999. This is contingent on the house passing inspection and a mortgage approval.
    had both people sign. Then I used a standard real estate “purchase order” form provided by my mortgage company for the actual sale.

  2. If you don’t know what form to use, then you need a real estate attorney or a Realtor to draw one up.
    Keep in mind that you CANNOT write your own real estate contract…that is practicing law without a license, real estate is VERY unique in that respect, and if you do, that means it is NOT worth the paper it’s written on.
    An attorney, if you use them for closing, will probably charge you about $150 to write up the contract.

  3. You need a lawyer. It can be very tricky doing a home sale by owner and is always better to do through realtors if you can, but in this case, there isn’t a realtor. One nice thing for you is, depending on what kind of situation the home owner is in, you will probably walk away with a very low price acceptance for the home.. there are no realtor fees being paid and it is very difficult in this market for an owner to do a sale by owner.. and get their home sold. I would research what the home is worth, do a home inspection and appraisal.. and offer lower. But definitely do it through a lawyer to protect yourself. Best Wishes!

  4. It’s a legal form so absolutely hire an attorney.
    Even if the seller has an attorney of their own, you still want one on your side to review all documents for you and to make sure the seller is obeying local laws.

  5. Talk to the owner he should have a for sale by owner package which will have the offer forms and you can also take a look at the home. If you are not comfortable doing that then go to your local title company and they can provide you with the offer forms and answer any questions you may have
    I can see by the other posts that nobody has actually done a for sale by owner (FSBO). You will be dealing with the owner face to face from the beginning or at the end or dueing a showing of the home.
    I am currently selling my home by owner, The home owner should have a FSBO package the he received from his local realestate title company. The Offer forms and all other forms a realtor uses are the same as the one the tilte company will give you in the FSBO package. What everyone fails to realise is that the title company does have access to a laywer if you whis to retain his services. If you purchase a home through a realtor or by owner the title company is the one who actually does the work on clearing the home deed. A bank only provides the loan and the realtor just shows the home. Once a offer is made and accepted the paperwork be it through the realtor or home owner is dropped off to the title company.
    Call a title company they shoud be under realestate in the phone book and talk to them your self, you will only loose a couple min of your time at worst.
    The FSBO packages are usually free to obtian. In the package I received for selling my home by owner I had the exact same forms the realtor has. 1. Disclouser Statement 2. Earnest Money Form (Which the home owner will leave with the title company and you will get back at closing 3. Offer to purchase forms 4. Counter Offer Forms. 5. Lead Based paint disclouser forms.

  6. If this is being handled as a private sale, with no real estate people involved, then you need a lawyer. You need to ensure that your interests are being protected in this contract. The buyer should also have their own lawyer doing the same for them.

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