Real Estate Law
It is exciting to find a home that you want to purchase. You may walk through the home and admire the floor plan, the architecture, or the style of the home and you may begin to picture yourself living in the space. You may decide that this is the house that you want to purchase. If so, then you will need to make a formal offer to purchase to the current owners of the property.
In your excitement, it is important to remember to protect yourself in the home buying experience. A local real estate attorney will be able to help you through the process and protect your interests .
While you want to present a strong and reasonable offer, you also want to provide some contingencies in your formal offer to purchase document that will allow you to back out of the sale without penalty under specific circumstances. Some of the most common offer to purchase contingencies include:
When you’ve found the home that you would like to purchase, it is important that you make your offer to purchase with the contingencies described above so that you are truly getting the home of your dreams. The buyer should make certain the contingencies are included in the Agreement of Sale. You can find and complete a standard offer to purchase document that is appropriate for your situation or you can consult a real estate attorney for further guidance
This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified real estate lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local real estate attorney to discuss your specific legal situation.