“I’m a first-time homebuyer, in the process of purchasing my current rental home from my landlord. Since we don’t have a realtor, it’s been a pretty steep learning curve to figure out how all of this works !
The landlord has provided us with a signed sales contract. We are wondering whether we need to have a lawyer review the contract with us to understand the terms and make sure it is fair. The lender didn’t seem to think that was necessary, he said it’s a standard contract. But of course, we don’t really even know what that entails.
Any thoughts? If we need a lawyer, do you have any recommendations for one? Any and all advice much appreciated, we are navigating this process somewhat blindly. Thanks so much!”
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