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Old 05-11-2007
Alberg30 Alberg30 is offline
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Purchase agreement?

I am looking at buying an owner-listed boat. What are the order of steps if I should wish to make an offer.



I know I need a purchase agreement to present a potential lender, but what does this constitute? Do I need a lawyer to draft and witness it?



I assume I then present the agreement ("contingent on results of survey") to lender next and then if I get preliminary approval, I proceed to survey.



Is that correct?
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