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Buying & Selling Property Buying and selling real estate property.

Buyer Addendum

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Old Apr 7th, 2007, 03:47 PM     #1
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Default Buyer Addendum

I am a new RE investor with interest in a FSBO deal with a fellow investor. Meeting him tomorrow to sign a purchase and sale contract and pay an earnest money deposit.

I want to draft a buyer addendum that is concise and expressly states a:

- 14-day contingency period
- open-ended inspection clause
- earnest money refundable

Any suggestions for the legalese of such an addendum?

Thanks...Gladys
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Old Apr 7th, 2007, 04:59 PM     #2
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Default Re: Buyer Addendum

Sometimes it is best just to write exactly what you want in a letter agreement. Or have a lawyer briefly do so. It may be hard to give precise contract language for actual contracts in a law forum like this.
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