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Is it appropriate to get a preliminary, written offer(with amount) to purchase from an interested buyer for the sale of a vacant lot?

1 Answers. Asked on Jul 28th, 2017 on Real Estate - New York
More details to this question:
Have vacant lots for sale(by owner). An interested party refuses any written purchase commitment. Wants explicit details of Survey, width of access rd., etc. etc. etc. Before paying these expenses, shouldn’t I expect something more than a verbal commitment only? If so, what type?
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Answered on Jul 28th, 2017 at 1:54 PM

You are correct.  The contract can be subject to certain representations, but the buyer needs to investigate these issues before making a contract.

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Real Estate
Real estate attorneys can help individuals, families and small business with all property-related legal issues. Buyers and sellers of residential and commercial real estate should work with an attorney to negotiate the terms of agreement; draft and review the contract; review related paperwork (such as loan agreements); clear existing liens on a property; and attend the closing. Lawyers can also assist property owners with addressing zoning/rezoning issues and appealing property tax assessment. Landlords and tenants should work with real estate law firms to draft and review lease agreement, handle eviction proceedings and resolve landlord-tenant disputes.
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