12Law Arrow 12Law Arrow  Easy Questions  
12Law Arrow 12Law Arrow Instant Legal Documents
 
 
FINANCIAL & MARITAL

Cohabitation Agreement coming soon!
Separation Agreement coming soon!
No-Fault Divorce coming soon!
Bankruptcy coming soon!
 
 

Do I Need a Lawyer to Buy or Sell a Home in Zip Code 92563

Do I Need a Lawyer to Buy or Sell a Home in Zip Code 92563


Owning a home is a keystone of wealth — both financial affluence and emotional security.
 
- Suze Orman


For most people, buying or selling a home is the most expensive transaction that they will ever conduct. You can usually handle the tasks involved in buying or selling real estate with the help of one or more real-estate professionals: a good real estate agent, the escrow company, and possibly a mortgage broker.

Many states have standard contracts for the sale of real estate. Many real estate transactions are conducted with the help of a lawyer. However, please make sure that you actually read everything you sign. Ask questions if there's something you don't understand.

If the buyer or seller tries to back out of the deal or if something goes wrong after the deal has closed (e.g. undisclosed structural issues), you can always hire a lawyer after the fact.

Some factors to consider in whether or not to hire a lawyer: 1) the lawyer's fees are tiny compared with the purchase price; 2) your state requires an attorney for closing or some other aspect of the sale; 3) you don't entirely trust the other party and/or the real estate agents involves; 4) you are jointly buying or selling the house with a co-owner that is not a family member; 6) the property you are buying is in probate or foreclosure; 7) the property is in a development with homeowner association rules; or 8) there are other complicating factors such as the seller helping the buyer obtain a mortgage.

Real estate agents and representatives of the escrow company can't make judgments on legal questions. For example, if your prospective new home has an illegal in-law unit with an existing tenant whom you want to evict or if either party adds unusual language into the purchase contract or mortgage, you may want to have an attorney look the documents over.

Your agreement of purchase and sale is a legal contract that defines: 1) what you are selling; 2) the sale price, the deposit and who holds the deposit3) when the sale will close; 3) the conditions (e.g. financing, home inspection) to be satisfied before the contract becomes binding; and 4) any special arrangements between you and the purchaser.

The sale will include everything that forms part of the real property, including any equipment or other items that are affixed to the buildings, unless you make exceptions for them. Light fixtures, stained glass windows, built in bookcases etc. are all included. Any fixtures you wish to remove must be specified in the agreement.

The taxes will be adjusted on closing so that you pay a proportion based on the number of days of the calendar year you have owned the property and the purchaser pays the balance.

Only you can decide if hiring a lawyer is right for you. Check out 12Law.com for listings of lawyers in your neighborhood.
 
Personalize & Print a Free CA Last Will Create This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
 
Personalize & Print a Free CA Living Will Create This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Related Legal Services near Zip Code 92563
Aladdin Bail Bonds
39252 Winchester Rd. #102
Murrieta, CA 92563
(877) 765-7888
Bail Bonds, Criminal Law Attorneys, DUI & DWI Attorneys, Bail Bond Referral Service
JOHN POZZA, PLC
29995 Technology Dr
Murrieta, CA 92563
(951) 461-7155
Personal Injury Law Attorneys, Litigation & Tort Attorneys, Attorneys
Bloom & Rudibaugh, A.P.C.
29970 Technology Dr Ste 121
Murrieta, CA 92563
(951) 296-5360
Civil Litigation & Trial Law Attorneys,  Attorneys,  Personal Injury Law Attorneys,  Bankruptcy Serv
The Murrieta Bankruptcy Attorney
38975 Sky Canyon Dr Ste 202
Murrieta, CA 92563
(951) 698-5191
Real Estate Attorneys, Attorneys, Bankruptcy Law Attorneys, Business Bankruptcy Law Attorneys, Consu
The Murrieta Bankruptcy Attorney
38975 Sky Canyon Dr Ste 202
Murrieta, CA 92563
(951) 698-5191
Real Estate Attorneys,  Attorneys,  Bankruptcy Law Attorneys,  Business Bankruptcy Law Attorneys,  C
Pickford Law Office
38975 Sky Canyon Dr # 112
Murrieta, CA 92563
(951) 677-5156
Bankruptcy Law Attorneys,  Bankruptcy Services,  Attorneys,  Wills, Trusts & Estate Planning Attorn
Fleming Joyce E
29995 Technology Dr # 101
Murrieta, CA 92563
(951) 445-4770
Family Law Attorneys, Attorneys, General Practice Attorneys
Mullen Chris
24885 Whitewood Rd Ste 100
Murrieta, CA 92563
(951) 695-4744
Bankruptcy Law Attorneys, Attorneys, Legal Service Plans
Margie Brakhage
29970 Technology Dr
Murrieta, CA 92563
(951) 837-4706
Child Custody Attorneys, Attorneys, Criminal Law Attorneys
About Time Bail Bonds
29970 Technology Dr. Suite 220-B
Murrieta, CA 92563
(951) 696-4442
Domestic Violence Attorneys, Criminal Law Attorneys, Bail Bonds
Tanawa Lebreton
34110 Pamplona Ave
Murrieta, CA 92563
(951) 746-2111
Immigration Law Attorneys, Attorneys
Nic Cocis & Associates
38975 Sky Canyon Dr Suite 202
Murrieta, CA 92563
(951) 695-1400
DUI & DWI Attorneys, Attorneys, Criminal Law Attorneys, Juvenile Law Attorneys, Domestic Violence At
John Hranek
24885 Whitewood Rd
Murrieta, CA 92563
(951) 335-0299
Attorneys,  Arbitration Services,  Attorneys Referral & Information Service,  Divorce Assistance,  F
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US