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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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