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My current tenants would like to buy my condo and we have agreed on a price. I don't want to use a realtor since we have a buyer but we also want to be protected in the sale and ensure paperwork is complete. Can one real estate lawyer draw up terms to satisfy buyer and seller to make the transaction legal or must we each use a real estate lawyer-one for buyer and one for seller. We live in San Diego. What is the average cost of this service? Is it a flat rate typically?
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This can be done by one attorney, provided that each side signs a standard conflict waiver. Assuming it is a fairly typical deal I would do it for somewhere in the range of $2,500 to $3,000 and could certainly do it at a flat rate if that was your preference. We are in Orange County, but do a fair amount of work in San Diego county.
Thanks,Jon
Answered on May 29th, 2015 at 11:23 AM