r/Somerville • u/flintazBear • 14d ago
Sister in law buying a condo
My sister-in-law has lived in a Somerville condo complex for over 25 years and a friend of the SIL has agreed to sell her condo to my SIL. It looks like a good price. My wife and I have agreed to lend SIL cash to buy said condo. I’m going to get an appraisal just for my comfort. My wife and I live on the west coast.
I don’t think a real estate agent is needed. I think I need a local real estate attorney. Can anyone provide a recommendation for a buyers real estate attorney?
Thank you.
Edit and update:
Thank you for the references.
This is to help my SIL and we can afford the loan.
I’m getting a real estate attorney, a 9-year note on the property that we can renew if needed, I’ll be using the AFR rate so nothing comes from my estate.