The purchase of a home is likely the largest transaction you will make in your lifetime. As a result, prospective home buyers must ensure all precautions are in place so that their purchase concludes smoothly and efficiently. The same concerns apply when you are selling your home. An incorrect clause in a real estate contract could be costly and detrimental to the process.
For Home Buyers
The real estate purchasing process typically begins with the buyer searching for a dream home. Once a property is found, the buyer will work with either the homeowner or the selling agent to prepare and draft a contract reflecting the buyer’s intent to purchase, oftentimes accompanied with a check or “earnest money.” At this point, the buyer has completed an “offer” on this home. An offer should not be submitted without careful consideration.
And this is just the beginning of a real estate purchase. There are numerous other steps including inspection, counter offers, modifications, mortgage contingency time limits, and other issues that arise during this time. It is important to have a lawyer on your side to ensure you have a complete understanding of the process and to protect your rights. Once the buyer has reached the stage of “closing,” which is basically the finalization of the purchase of the home, any errors not discovered prior may be costly to you, could disrupt or postpone closing, or even have the sale of the home canceled.
A qualified and experienced real estate attorney can greatly reduce the chances of a problem occurring and will provide guidance throughout the process. Furthermore, these services offer a peace of mind to the buyer who may be overwhelmed by the legal documents placed before them. Contact one of our lawyers to assist you in determining your real estate needs prior to purchasing a home.
For Home Sellers
Selling a home involves a number of complex documents and real property concepts that may necessitate the assistance of a real estate lawyer. An experienced attorney can ensure that the sale goes smoothly and is done properly.
When you receive your first contract or “offer” on your home, it is a good idea to have the offer reviewed by an attorney. There are often caveats and modification clauses that may need close examination to make sure that this is the right agreement for your home.
An attorney can assist with the title insurance, survey (if required by the contract), association information, assessment letters, and satisfaction of municipal or state requirements to make sure that all paperwork is correct.
There are numerous documents required to transfer title of the home such as a deed, bill of sale, affidavit of title, closing statement and any other various documents required. The list could go on and on depending on the situation. A diligent and efficient lawyer ensures that your closing occurs as quickly as possible and, most importantly, correctly.
Consult an attorney at our office to determine your real estate selling needs prior to putting your home on the market.
We can provide services in:
Note: these listed services are just examples of the numerous services provided by our firm. This is not intended to be a complete list of all the services we can provide for your real estate needs. Contact us today with any questions or for a free consultation.