DIYbanter - View Single Post

Frank[_13_]

On 10/6/2011 7:48 PM, wrote:
Sorry this is a bit off topic, however lots of repairs were done to
this home before selling.......

Anyhow,
I have a relative who is going to sell a home on a land contract. The
price and terms have been discussed with the buyer. Now the paperwork
needs to be filled out and legalized. Who who do they go to to do
this legal paperwork? I assume it's either a realtor or lawyer. But
which is the preferred method? If it's a lawyer, I know lawyers
specialize in different matters, what would be the type of lawyer
needed? (definition). Also, the home to be sold and home of the
seller are in two different states. Am I correct to assume the
transaction has to be done in the same state and county of the home to
be sold?

State real estate laws vary. Sometimes you need a lawyer and some times
not. You could enlist a realtor that knows these laws and have him draw
up the contract and have it executed. They might do this for say 1% of
the sales price.

Lawyers usually have set fees, not dependent on property price.
You should get a lawyer that specializes in real estate and realtor or
any lawyer could tell you who they are.