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 Manning, OR

Do I Need a Lawyer to Buy or Sell a Home in Manning, OR


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 OR 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 OR 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 Manning, OR
Justrom & Assoc Pc
9400 SW Barnes Rd Ste 309
Portland, OR 97225
(503) 445-9904
Attorneys
Fung Caroline
9555 SW Barnes Rd Ste 100
Portland, OR 97225
(503) 384-9900
Attorneys
Richardson James B
9600 SW Barnes Rd Ste 325
Portland, OR 97225
(503) 297-9600
Attorneys
DeBast McFarland & Richardson LLP
9600 SW Barnes Rd Ste 325
Portland, OR 97225
(503) 297-9600
Estate Planning Attorneys,  Attorneys,  Family Law Attorneys,  Divorce Attorneys,  Wills, Trusts &
Baxter & Baxter, LLP
8835 SW Canyon Ln Ste 130
Portland, OR 97225
(503) 297-9031
General Practice Attorneys,  Consumer Cooperative Organizations,  Attorneys,  Legal Service Plans,  
Thompson Anne M
9400 SW Barnes Rd Ste 300
Portland, OR 97225
(503) 292-8990
Attorneys, General Practice Attorneys, Legal Service Plans
Shyshlak Dean
10490 SW Eastridge St # 110B
Portland, OR 97225
(503) 296-7900
Attorneys, Legal Service Plans
Ross Virginia L
8830 SW Woodside Dr
Portland, OR 97225
(503) 292-7674
Attorneys, Legal Service Plans
Cyr & Assoc
4850 SW Scholls Ferry Rd Ste 305
Portland, OR 97225
(503) 297-7330
Attorneys, Legal Service Plans
Sola Robert S
8835 SW Canyon Ln # 130
Portland, OR 97225
(503) 295-6880
Attorneys, Legal Service Plans
Muir & Troutman
8885 SW Cashmur Ln
Portland, OR 97225
(503) 292-6788
Bankruptcy Law Attorneys
Bruce Thompson Law Office
9600 SW Barnes Rd Ste 325
Portland, OR 97225
(503) 226-6491
Attorneys, Family Law Attorneys, Divorce Attorneys, Estate Planning Attorneys, General Practice Atto
Sipprell Ralph C
9011 SW Beaverton Hillsdale Hwy
Portland, OR 97225
(503) 292-6421
Attorneys, Legal Service Plans
Maul Kurt L
8885 SW Canyon Rd Ste 115
Portland, OR 97225
(503) 296-6381
Attorneys, Legal Service Plans
Platten Jack R
8620 SW Gayle Ln
Portland, OR 97225
(503) 227-6266
Attorneys, Legal Service Plans
Hernandez Law Office LLC
955 Main St Ste A
Aumsville, OR 97325
(503) 749-6088
Civil Litigation & Trial Law Attorneys,  Attorneys,  Criminal Law Attorneys,  Family Law Attorneys,
Murray Ronald D
9999 SW Wilshire St # 202
Portland, OR 97225
(503) 292-5353
Attorneys, Legal Service Plans
Mayfield Brandon
8835 SW Canyon Ln # 135H
Portland, OR 97225
(503) 292-5063
Attorneys
Anderson Kevin M
9755 SW Barnes Rd Ste 675
Portland, OR 97225
(503) 227-4586
General Practice Attorneys, Attorneys, Legal Service Plans
Anderson John A
9755 SW Barnes Rd Ste 675
Portland, OR 97225
(503) 227-4586
Attorneys, General Practice Attorneys, Legal Service Plans
Posner Law Firm
4905 SW Scholls Ferry Rd
Portland, OR 97225
(503) 459-4455
Attorneys, Criminal Law Attorneys, Real Estate Attorneys, Litigation & Tort Attorneys, General Pract
Cofield Dorothy
9755 SW Barnes Rd Ste 450
Portland, OR 97225
(503) 675-4320
Attorneys, General Practice Attorneys, Legal Service Plans
Kalur Laura
9755 SW Barnes Rd Ste 450
Portland, OR 97225
(503) 595-4145
Attorneys, Legal Service Plans
Jbb Enterprise
9135 SW Barnes Rd Ste 363
Portland, OR 97225
(503) 223-3300
Attorneys, Legal Service Plans
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US