When do I need to hire an attorney as a seller?
As soon as you decide you are going to list the home. Your attorney can help you review the agent’s real estate listing commission agreement or for sale by owner documents and prepare the home’s title. Typically, the attorney is brought in once the home has an offer from a buyer. Make sure the contract has an attorney review clause that allows five business days for your attorney to review the contract.
When do I need to hire an attorney as a buyer?
As soon as you decide that you are going to search for a home or investment. Your attorney can give you tips and provide articles that will be helpful. Make sure the contract has an attorney review clause that allows five business days for your attorney to review the contract.
When does the Attorney Review end?
The Attorney Review ends when the attorneys sign off on an agreed modification and / or inspection rider.
How can the Attorney Review get completed faster?
Best to hire a responsive attorney and provide answers to the attorney on a timely basis. Contacting the attorney before a contract is signed will help as well as title, documents and required disclosures can be gathered.
What can cause the Attorney Review to end in a cancelled contract?
Not having the required disclosures upfront before the contract is signed to allow the HOA to remedy issues contained in them. As a Seller — not prepping the home for sale by having a contractor or handyman fix defects. Repairs cost more when you have a for sale sign out front. As a Buyer — hiring an overly aggressive inspector who has the goal to scare you so you cancel the contract and hire them to do another inspection on the next home you select.
Do I need to put the home in a Land Trust or Revocable Trust?
Do you need privacy or estate planning? Talk to your attorney about specifics. Lenders do not always allow, so plan ahead at the application stage.
I am not married to my partner; do we need an agreement of some kind regarding the home?
What does the Seller need to do before closing?
What does the Buyer need to do before closing?
What should I avoid doing before closing as a buyer?
What should I avoid doing before closing as a seller?
How much do I need to bring to closing?
Do I have to pay all the charges on the GFE?
What will your Realtor do before the closing?
How long does a closing take?
What happens at closing?
Do I have to be at the closing as the Seller?
Do I have to be at the closing as the Buyer?
Does my spouse have to be at the closing if my spouse is not on the loan?
When do I change the utilities (Electric, Gas, Cable, Internet)?
What does the Buyer need to do after the closing?
What does the Seller need to do after the closing?
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