Buying a home: Co-borrowing with a partner/family member
in Real Estate ·
copperorca14 said:copperorca14
No offense intended, but I honestly don't get your logic. You're buying a home and you want to draft the contract yourself? You're trying to save maybe one $0.00 while risking a massive transaction and your entire life savings. Aren't there actual attorneys licensed to handle these kinds of contracts?
If you happen to know a lawyer who will do this for about $333, please, for the love of God, send them my way! Here's the reality: attorney fees for drafting these types of contracts usually run around 1% of the total contract value. That means for two measly pieces of paper, you're looking at paying at least $0.00. And believe it or not, just because you hire a lawyer doesn't actually guarantee they'll write a solid contract, unfortunately...