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Author: Jim Hart
Every home buyer needs an attorney BEFORE they write any offers on property. Why? Well, you are entering into a binding contract with a home seller for starters and any time you enter into a contract it makes sense to have legal counsel represent you. Many may think they don't need an attorney to
A house may seem like the perfect investment in appearance and location but there may be hidden defects that diminish its value. For example, there may be a right-of-way over the land that permits someone to drive across the property or zoning regulations that allow factories and other commercial property to be built close by. There may be other restrictions affecting the use or ownership of the property like back taxes, mechanics liens, or defects in the physical property itself. There are a wide variety of title issues to consider that could impact the property and only your attorney, the one that represents you, can perform the title examination that represents your best interests—not the seller, not the lender, yours. You need to answer a few questions:
1. Are there any serious defects with the property? Have you gotten a seller disclosure form from seller before your sign and submit an offer?
2. Do you know exactly what property comes with the home both real and personal?
3.
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