LeatherneckPA
Recycles dryer sheets
I am seeking a member with expertise in buying real estate. Specifically I am looking for advice on traps and pitfalls to avoid when making an offer.
I have found what I believe is THE parcel on which to begin my homestead/farm. I have drafted a proposal for purchase with owner financing, and have listed a few conditions at the bottom. (ie: 10 yr term, clear title, no pre-payment penalties, etc)
I was just hoping someone here might have been an agent or lawyer in an earlier lifetime and could maybe point out some things I am unfamiliar with. We've only ever purchased one property before, the one we currently live in. And that was 20 years ago.
I have found what I believe is THE parcel on which to begin my homestead/farm. I have drafted a proposal for purchase with owner financing, and have listed a few conditions at the bottom. (ie: 10 yr term, clear title, no pre-payment penalties, etc)
I was just hoping someone here might have been an agent or lawyer in an earlier lifetime and could maybe point out some things I am unfamiliar with. We've only ever purchased one property before, the one we currently live in. And that was 20 years ago.