Can I make my own contract?

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I am trying to go to people who are about to get foreclosed on and offering to pay their back taxes before the foreclosed date with the condition that they will sell their house to me. Can I write my own contract agreement? Is notarizing it enough? Thanks in advance! confused null

Comments(6)

  • dansails3rd June, 2003

    I have seen advice from pro investors about building a team of professionals to help in your investing. One of these people should be a real estate attorney. Contact your local real estate broker, who should also be on your team, and ask for the names of people they use. I'm sure they will give you a free half hour of consultation and answer your questions.
    Dan

  • designshack3rd June, 2003

    Ahhhhh Gwasshoppa,

    Confucious say 'He who have self for attorney, have foo for a client'

    Also 'there is nothing new under the sun'

    And 'freeer is betterer'

    I'll bet you a donut that if you look around a little bit, you'll find one that is pre-written, time-tested, and costs you absolutely nuttin'.

  • mb69453rd June, 2003

    hey thanks you gays,
    I'll move forward with the info you have provided.
    THANKS AGAIN.

  • tanya12154th June, 2003

    I'm do not agree with designshack statment, "I'll bet you a donut that if you look around a little bit, you'll find one that is pre-written, time-tested, and costs you absolutely nuttin'." I think you should ALWAYS have any contract you use reviewed by a real estate attorney to make sure it's state specific. You can get generic contracts for free, but they may not be worded to fit the state's standards and you can get in trouble for that. I would rather spend $100 to have all my paperwork reviewed, than to lose $10,000 because I didn't seek the advise of a specialized attorney, but you be the judge....

    Tanya

  • JDamien26th April, 2004

    Does Anyone have any Idea where I might find one of these Pre-Written Contracts? I can really use any Constructive help you guys can provide we have gotten the morgage refinanced but need a new agreement and cant really afford the $300.00 they want out here for drawing up a mortgage contract any help is greatly appreciated

  • Bruce27th April, 2004

    Hey,

    Without even reading your post (which I did do), the answer is "No...you can't write your own contract.". Why? Because if you have to ask the question, you do not have the knowledge needed to write one (or else you would already know anyone can write their own contract).

    Get a lawyer or else you are going to make a serious mistake.

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