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 Centerport, PA

Do I Need a Lawyer to Buy or Sell a Home in Centerport, PA


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 PA 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 PA 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 Centerport, PA
Scheimer Alan Atty
2875 W Liberty Ave
Pittsburgh, PA 15216
(412) 531-9700
Attorneys
Myers Sharon E
106 Harrisburg St
East Berlin, PA 17316
(717) 259-9592
General Practice Attorneys, Attorneys
Cga Law Firm
106 Harrisburg St
East Berlin, PA 17316
(717) 259-9592
General Practice Attorneys, Attorneys, Legal Service Plans
The Yeaples-Coleman Law Firm
11147 State Hwy 18, Ste 5
Conneaut Lake, PA 16316
(814) 547-8865
Divorce Attorneys, Family Law Attorneys, General Practice Attorneys, Attorneys
Alexander Ratner Law Offices
10162 Bustleton Ave
Philadelphia, PA 19116
(215) 676-8820
General Practice Attorneys, Attorneys
Spivak Law Firm
2893 West Liberty Ave.
Pittsburgh, PA 15216
(412) 344-8691
Criminal Law Attorneys, Family Law Attorneys, Divorce Attorneys, Social Security & Disability Law At
A Quick Divorce Svc
PO Box 126
Bethlehem, PA 18016
(610) 867-8658
Family Law Attorneys, Attorneys, Divorce Assistance, Legal Service Plans
Salvatori Dominic D
3220 W Liberty Ave
Pittsburgh, PA 15216
(412) 343-7927
Employee Benefits & Worker Compensation Attorneys,  Attorneys,  Labor & Employment Law Attorneys,  P
Thomas Nell Attorney
340 Nell Rd
East Berlin, PA 17316
(866) 977-7908
Litigation & Tort Attorneys,  Attorneys,  Criminal Law Attorneys,  Family Law Attorneys,  Divorce At
Castello Thomas M
2882 Glenmore Ave
Pittsburgh, PA 15216
(412) 344-7833
Attorneys, Legal Service Plans
Borek Andrew A Atty
15149 Milford St
Philadelphia, PA 19116
(215) 676-7639
Attorneys, Legal Service Plans
Bond Robert Esquire
11880 Bustleton Ave
Philadelphia, PA 19116
(215) 240-7565
Social Security & Disability Law Attorneys, Attorneys, Labor & Employment Law Attorneys, DUI & DWI A
Chermol David F
11450 Bustleton Ave
Philadelphia, PA 19116
(215) 464-7200
Corporation & Partnership Law Attorneys,  Attorneys,  Accident & Property Damage Attorneys,  Legal S
Olszewski Edmund L Jr Atty
403 Glenshaw Ave
Glenshaw, PA 15116
(412) 486-7184
Attorneys, General Practice Attorneys
Olszewski Edmund L
403 Glenshaw Ave
Glenshaw, PA 15116
(412) 486-7184
General Practice Attorneys, Attorneys
Attorney's Select Abstract Inc
13050 Bustleton Ave
Philadelphia, PA 19116
(215) 856-7000
Criminal Law Attorneys, Attorneys, General Practice Attorneys
Kristen A. Schneck
1501 Potomac Avenue, Suite 204
Pittsburgh, PA 15216
(412) 860-6921
Immigration Law Attorneys
Young James W
403 Meadow Rd
Glenshaw, PA 15116
(412) 486-6897
Attorneys, Legal Service Plans
Sergey Makarov Law Office
14500 Bustleton Ave # 203
Philadelphia, PA 19116
(215) 543-5598
Immigration Law Attorneys, Attorneys, Immigration & Naturalization Consultants, General Practice Att
Wilke Donn A
3220 W Liberty Ave # 210
Pittsburgh, PA 15216
(412) 344-5552
General Practice Attorneys, Attorneys, Legal Service Plans
Fishman Samuel
11450 Bustleton Ave
Philadelphia, PA 19116
(215) 464-4600
General Practice Attorneys, Attorneys
Friday & Cox
1405 McFarland Rd
Pittsburgh, PA 15216
(412) 561-4290
Wrongful Death Attorneys,  Personal Injury Law Attorneys,  Medical Malpractice Attorneys,  Malpracti
Thomas Fuchel Sr.
1450 Tolma Ave
Pittsburgh, PA 15216
(412) 265-4239
Attorneys, Criminal Law Attorneys, DUI & DWI Attorneys
PA Estates
1509 Mt. Royal Boulevard
Glenshaw, PA 15116
(412) 487-3997
Estate Planning Attorneys
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US