Buying your first home is an exciting process to go through. However, it can also be a stressful one. With so many images in mind of how you want your house to look, finding the perfect one can seem almost impossible. Your dream home may seem out of reach. Since this is new territory to you, it would be best to acquire legal counsel. Our attorneys are skilled in real estate law and can help you during your search and your eventual securing of a home. Our professionals can help you throughout the whole process to ensure it goes smoothly.
Once you are presented with the paperwork for your new house, it is important to read it over with a close eye. This paperwork can be long and tedious, but it is considered a contract between the seller and the buyer. You want to be fully informed of all dealings with the house. To best comprehend this information, a professional attorney can help you. With our legal knowledge, we can give you comfort in signing the document that binds two parties to an agreement.
If a real estate agent is selling a house that you are trying to buy, they have to follow specific guidelines. Attorneys are granted a three-day period of time to look over the contract and point out any issues. With an attorney’s help, you will be better prepared to handle this situation. To ensure you are satisfied with the deal, you should review all aspects of the contract and consult a legal professional for support.
During these three days, your attorney can suggest changes that improve your situation. Both parties are able to negotiate on parts of the contract during this period of time. After the three days have concluded, both parties can sign a final document to agree on the revisions being made to the original document. However, either party is allowed to decline signing the contract before signing the final addendum. Once the final addendum is signed, the contract is binding.
Once the contract is signed, the process is not yet done. Before moving into your new home, you are going to want to have it inspected to ensure it is up to par. If you do find issues when it is inspected, you are allowed to ask the seller to resolve the issues. An attorney can be helpful in facilitating these requests and making sure everything is done properly.
Since real estate transactions require large sums of money, you want to protect yourself in these situations. To best protect your rights and investment, contact us for legal support. We want to assist you in closing on your new home.
Ross and Calandrillo, LLC is a full-service divorce, family, and real estate law firm located in Mountainside, New Jersey. For strong legal representation in all of your divorce or family law matters, contact Ross and Calandrillo, LLC to schedule a free consultation.