Selling a Home in Ohio
The legal terms and procedures used in a real estate transaction are complicated. The most important document in the home sale process is the real estate contract. From a seller’s perspective we know what issues are important and what should be in the contract. We provide the seller with independent and objective legal and practical advice on a fee basis.
The contract should contain in clear language an explanation of all of the rights and obligations of the parties. If you do not have a realtor, we can prepare the real estate contract and all related documents. Even if you do have a realtor it makes great sense to have the advice of a lawyer. While a real estate agent can help you find a buyer for your home, standard realtor contracts are “cookie cutter” fill in the blank forms, and do not adequately address the seller’s side of the transaction.
Contact Williams, Kratcoski, Griffin & Can, LLC in Kent, Ohio, and arrange to meet our real estate attorneys. We are confident that we will be able to demonstrate the value we bring to the table with respect to your home sale.
Thorough, Experienced Advice
Furthermore, real estate brokers and agents are not lawyers and cannot give you legal advice, they cannot advise you as to what terms should or should not be in the contract and they interpret the terms for you. In addition, real estate broker’s fees are contingent on the transaction closing. If you are going to sell a home estate it only makes sense that you obtain independent, knowledgeable and experienced legal advice.
Common issues facing seller’s are:
- What are my closing costs?
- What is escrow?
- What is an escrow agent and what do they do?
- How much of a down payment or deposit should I get?
- How much time should I give a buyer to arrange financing?
- My buyer is pre-approved so I don’t need to worry about financing, right? (There is no such thing as pre-approval).
- Do I have any continuing liability after the house is sold? Can I avoid or limit it?
- How can I protect myself from a buyer backing out?
- What remedies do I have?
Home Purchase Representation
Buying a home is probably the largest transaction most people will ever do. The legal terms and procedures used in a real estate transaction are complicated. The most important document in the home purchase process is the real estate contract. From a buyer’s perspective we know what issues are important and what should be in the contract. We provide the buyer with independent and objective legal and practical advice on a fee basis.
The contract should contain in clear language an explanation of all of the rights and obligations of the parties. Realtor contracts are “cookie cutter” fill in the blank forms, and do not adequately address the buyer’s side of the transaction. Furthermore, real estate brokers and agents are not lawyers and cannot give you legal advice, they cannot advise you as to what terms should or should not be in the contract and they cannot interpret the terms for you. In addition, real estate broker’s fees are contingent on the transaction closing.
Experienced Advice in Northern Ohio
If you are going to purchase a home estate it only makes sense that you obtain independent, knowledgeable and experienced legal advice. For instance, common issues facing a real estate buyer are:
- How do I know I am getting good title?
- What type of deed should I get and what difference does it make?
- What is title insurance commitment and a title insurance policy? Do I need it? How do I get it and what will it cost?
- Are there any restrictions or conditions applicable to the property that I might find objectionable such as zoning, easements, encroachments,
- leases, homeowner, subdivision or condominium restrictions or rules? How do I find out?
- Can I get out of the contract if I don’t like any of the restrictions or rules?
- What is an escrow and what will my closing costs be?
- How do I find out about the condition of the property?
- Do I have the right to inspect the property and what inspections should I have done? Can I get out of the contract if I don’t like the inspections?
Contact our Experienced Real Estate Office Today
At Williams, Kratcoski, Griffin & Can, LLC in Kent, Ohio, our attorneys will provide you with clear, plain English explanations of all of these issues and independent, knowledgeable advice.
Contact our Kent real estate law firm online and arrange to meet with our real estate lawyers. You may also call our firm at 330-673-3444 to discuss your situation. We are confident that we will be able to demonstrate the value we bring to the table with respect to your home purchase.
