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 West Linn, OR

Do I Need a Lawyer to Buy or Sell a Home in West Linn, 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 West Linn, OR
Bankruptcy Clinic of Oregon
1579 Burns St
West Linn, OR 97068
(503) 650-9662
Legal Service Plans,  Attorneys,  Business Bankruptcy Law Attorneys,  Bankruptcy Law Attorneys
Ackerman Peter
2875 Marylhurst Dr
West Linn, OR 97068
(503) 697-9633
Attorneys
Bradly J Lenhart PC
1579 Burns St
West Linn, OR 97068
(503) 557-8978
Attorneys
Robert E Repp
2875 Marylhurst Dr
West Linn, OR 97068
(503) 722-7771
Attorneys, Legal Service Plans
Bankruptcy Clinic Of Oregon
5400 Windsor Ter
West Linn, OR 97068
(503) 345-7678
Attorneys,  Business Bankruptcy Law Attorneys,  Bankruptcy Services,  Legal Service Plans,  Bankrupt
Stangell & Stangell, Attorneys
1800 Blankenship Rd., Ste. 200
West Linn, OR 97068
(503) 655-7659
Probate Law Attorneys, Attorneys
Stangell & Stangell Attys
1800 Blankenship Rd.
West Linn, OR 97068
(503) 655-7659
General Practice Attorneys, Legal Service Plans, Attorneys
Jeffrey D Munns PC
4891 Willamette Falls Dr # 5
West Linn, OR 97068
(971) 279-7535
Insurance Attorneys, Attorneys, Personal Injury Law Attorneys, Legal Service Plans
David W. Schermer Attorney
21790 Willamette Dr
West Linn, OR 97068
(503) 342-7401
Attorneys,  Accident & Property Damage Attorneys,  Bankruptcy Law Attorneys,  Wills, Trusts & Estat
Blair & Vestigo PC
1800 Blankenship Rd # 475
West Linn, OR 97068
(503) 655-7199
Attorneys
Diane L Gruber Attorney
1579 Burns St
West Linn, OR 97068
(503) 722-7136
Attorneys, Bankruptcy Law Attorneys, Bankruptcy Services
Ferrell-French, Patricia
2075 Willamette Falls Dr
West Linn, OR 97068
(503) 925-6939
Probate Law Attorneys,  Attorneys,  Family Law Attorneys,  Divorce Attorneys,  Wills, Trusts & Esta
The Smith Firm, PC
1754 Willamette Falls Dr
West Linn, OR 97068
(503) 657-6550
Attorneys, Corporation & Partnership Law Attorneys, Real Estate Attorneys, Legal Service Plans
Dusek Ron
2875 Marylhurst Dr
West Linn, OR 97068
(503) 635-6236
Attorneys, Legal Service Plans
Oregon Legal Center
2875 Marylhurst Dr.
West Linn, OR 97068
(503) 635-6235
Attorneys, Family Law Attorneys, Probate Law Attorneys, Elder Law Attorneys, Wills, Trusts & Estate
Smith Melissa
21235 Serango Dr
West Linn, OR 97068
(503) 650-6167
Bankruptcy Law Attorneys,  Litigation & Tort Attorneys,  Probate Law Attorneys,  Attorneys,  Family
Lohman Edward F
1579 Burns St
West Linn, OR 97068
(503) 656-5915
General Practice Attorneys, Attorneys, Legal Service Plans
Cole Tait
1919 Willamette Falls Dr
West Linn, OR 97068
(503) 278-5912
Attorneys,  Personal Injury Law Attorneys,  Business Law Attorneys,  Real Estate Attorneys,  General
Lawrence Law Office PC
20420 Noble Ln
West Linn, OR 97068
(503) 387-5571
General Practice Attorneys, Attorneys, Legal Service Plans
Mead Law Firm Pc
1672 Willamette Falls Dr
West Linn, OR 97068
(503) 656-4550
Corporation & Partnership Law Attorneys, Attorneys, Legal Service Plans
Werst Dean C Atty
1785 Willamette Falls Dr
West Linn, OR 97068
(503) 722-4546
Hoesly Debbie
31110 SW River Lane Rd
West Linn, OR 97068
(503) 722-4300
Attorneys, Legal Service Plans
Jeffrey D Munns PC
4891 Willamette Falls Dr
West Linn, OR 97068
(503) 433-3705
Attorneys,  Personal Injury Law Attorneys,  Insurance,  Legal Clinics,  Legal Service Plans,  Insura
Lulay Law Offices
1800 Blankenship Rd Ste 200
West Linn, OR 97068
(503) 650-2253
Attorneys
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US