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From the Forum – Looking for Home buying advice

by Prince Of Petworth June 27, 2013 at 2:15 pm 18 Comments

home_sales_PoPville

Home buying advice:

“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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