Whether you’re buying or selling a home you’re likely to find yourself a little overwhelmed in the process. If you’re buying a home, you want to make sure your money is being well spent – you’re spending tens of thousands of dollars. If you’re selling a home, you want to make the most money from your investment. Luckily, a Real Estate Attorney in Bel Air MD could help to relieve you of some stress.
Real estate attorneys often help buyers and sellers in a variety of situations. For instance, if you’re looking to buy a home, are you sure the seller has a right to offer it to you? Often times homes for sell still have liens against them, and this could interfere with the transfer of the home. If there’s a lien against the home, your lawyer could help you factor this into the negotiations.
A representative like Michael S. Birch Attorney at Law can help when it comes to important documents as well. Buyers and sellers will need to review and sign a number of key documents before a transaction can be complete. For instance, a purchase agreement will need to be carefully crafted and reviewed before it’s signed by both parties.
A purchase agreement is a contract that details and number of important pieces of information about a home. Has the home had any significant repairs recently? Has the home been renovated in the past? Are there any potential hazards the buyer should be aware of (i.e. asbestos, termites, lead paint, etc.)? Both buyer and seller will review this form and agree upon the details. Work with a Real Estate Attorney in Bel Air MD to make sure the contract is to your liking
As you can see, both buyers and sellers have a lot to think about when it comes to handing over a home. Browse the website to find out more information about real estate attorneys and how they help their clients. When it comes to a home with a lien, talk with the seller about lowering the price of the home. When it comes to the purchase agreement, make sure you review it carefully with your attorney so that any mistakes can be corrected.