 |
|
REAL ESTATE TRANSACTIONS -- Important considerations when selling
or buying a home:
1. There is no substitute for legal representation
- Although a real estate agent can provide you with general
information regarding your purchase or sale of a home, only an
attorney is legally permitted to give you legal advice, and only a
lawyer experienced in Real Estate matters can competently advise you
as to the legal meaning and consequences of the many documents that
you are requested to sign.
- You need competent legal counsel to fully protect your legal
rights and to guide you through the many intricacies of a real
estate transaction.
- Every real estate contract prepared by a real estate agent or
Realtor is required to disclose who the agent(s) represent and
specifically must indicate that the agent is prohibited by law from
giving out any legal advice regarding the transaction.
2. My firm's loyalty rests entirely with you.
- My firm charges an affordable flat fee from contract to closing.
Should the transaction not be completed for any reason, my only fee
is the initial retainer charged.
- If the sale or purchase does not appear to be financially
beneficial to you, I will not hesitate to so advise you.
- A real estate agent, in most transactions, is not paid anything
unless and until the transaction is completed.
- The consumer information statement required to be attached to
every contract prepared by a real estate agent or Realtor should be
carefully read, as it discloses who the agent works for, whether it
be you as buyer or seller, or if the individual is acting as a dual
agent for both buyer or seller. In the latter case, representation
by an attorney who represents only you is essential.
3. If there is no real estate agent involved, a lawyer is
essential
- As an experienced real estate law firm, our one low affordable
fee includes the drafting of any documents necessary for the sale or
purchase of a house, including a clearly written agreement of sale
that sets forth what is expected of each party to the real estate
transaction, as well as a deed that insures that the property is
corrected titled.
- In commercial and residential transactions, we also prepare
and/or provide legal advice on any and all mortgage or loan
documentation necessary for a smooth transaction.
- Store bought documents may not adequately protect your legal
rights and may result in future adverse legal consequences should
they not be properly drafted.
4. We can help you determine whether the deal is in your best
interest
- A real estate purchase may be the most expensive transaction of
your lifetime and buying the wrong property could be devastating.
- An agreement for sale is a legal binding document that if not
properly drafted or reviewed could result in adverse consequences.
- Having a legal professional in your corner from the moment of
the presentation of a sales contract until the date of closing
insures that your best interests are protected
|


|
|