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The alternative is to carefully lay out in the contract for sale the items of due diligence that the buyer must undertake and the time this will take. The steps for buying commercial property are simpler than you might think.The seller in contracts of sale of commercial real estate. Why You Need A Washington Real Estate Lawyer To Purchase Property. Washington is a smart place to invest in real estate. The agreement stipulates that the new buyer will assume property ownership, which includes purchasing the home from the seller. Here's how to find land for sale and purchase it. Positive Reasons to Invest in Commercial Property. Here are some of the pros of buying commercial real estate over residential property. But smart real estate investors don't stop there.