What is the process of buying direct from owner?
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 Oct 30 2017, 11:40 AM
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#1
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Senior Member
623 posts Joined: Dec 2006 
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When I bought direct, I just prepared a self drafted letter of intent to buy, signed by both parties with copies of ICs. Actually paid 3% as earnest deposit. Make sure everything is documented. Then engage a lawyer.
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Nov 3 2017, 11:44 AM
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#2
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Senior Member
623 posts Joined: Dec 2006
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QUOTE(mffa @ Nov 2 2017, 10:42 PM) That bolded part is S&P agreement ke? Nope. Self drafted. Google up letter of intent to purchase. If you ask a lawyer they'd probably ask you to let them draft the letter (with charges of course). I tot all documents prepare by lawyer. And engage lawyer later, legal fees still the same or a bit different? Sorry, noobs here   I just drafted my own and asked the seller to sign. Then hand over 3% earnest deposit. Only after that I appointed a lawyer for the snp. Legal fees are based on purchase price and should be the same regardless (minor differences here and there only). |
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