Whether you’re buying or selling a home, your team of expert advisors should include a real estate lawyer. Your lawyer can review any offer you make or receive and make sure that your rights are protected and your duties clearly defined.
If you are buying or selling your home, you may be unfamiliar with the process. We've been handling real estate transactions for over 20 years and have represented buyers, sellers or the banks in thousands of transactions. If you have a question or a problem we have an answer or a solution. In order to thoroughly represent and advise each Client, in every case we:
Determine all the information about your transaction - We'll get the information from you, from the real estate broker and from the attorney for the other party. If something doesn't "add up" we identify it immediately so you don't begin making plans and spending money when there really isn't agreement.
Assist you with securing pre-contract information- If you are buying or selling there are things you need to know prior to a contract signing. What are the taxes, how much will it cost to legalize a structure, what are my responsibilities, what are theirs. We go through it all with you, so you can make an intelligent, informed decision on whether or not you want to proceed.
A lawyer’s role can be as broad as you want. We always detail our scope of services and fees in a written retainer.
If you’re buying a home, as your attorney we would:
Review the contract of sale, including how you will take title of the property.
Recommend an engineer to perform a pre-contract home inspection.
Order a Termite Report, in a form required by your lender, to make sure there is no infestation/damage.
Check that there are no covenants, easements, liens, etc. registered against the property that will impede your use of it.
Order and review a Title Report. Make sure there is no "cloud" on title.
If necessary, order a Survey of the property.
Clarify the terms of the mortgage and work with your bank, if necessary, to modify them.
Scrutinize the adjustments, including taxes owing and utilities costs paid, prior to the transaction closing.
Recommend homeowner insurance company.
Attend the closing and review all the papers you will be required to sign by the lender and title company.
Prepare a clear and concise closing statement, noting expenses that are tax deductible.
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