How to avoid legal hassles when buying and selling a home

Buying or selling a home is clearly a milestone.

For one that’s buying a house, it can signify a step toward stability.

For one that’s selling, it closes a chapter in one’s life.

iStock_000018801085_Small (1)Either way, a real estate transaction marks both a beginning and an end. Because acquiring and letting go can be a trying and emotional time, it can be easy to overlook the practicalities of such transactions.

That is why it is important to seek professional help when you’re about to close the sale on your home or if you intend to sell it.
Real estate professionals will know how to avoid legal hassles arising from property transactions – sparing you bother and grief.

How a real estate agent can help you

Though researching on your ownis helpful, a qualified and expert real estate agent can take care of the following correctly and efficiently:

  • Help you with the paperwork on such things as disclosures and other liability issues
  • Oversee home inspections
  • Assist you in mortgage selections
  • Help secure the right buyer for your property

How a lawyer can help you

Getting the help of a lawyer familiar with local real estate laws is also a step in the right direction. For buyers and sellers, know that your lawyer can assist you in the following ways:

  • Meeting and dealing with the property broker
  • Managing tax consequencesand related issues
  • Looking for financing
  • Insuring the property title
  • Checking the property’s zoning and survey
  • Reviewing the property’s disclosure
  • Preparing the seller’s contract
  • Reviewing the title report ordered by the buyer
  • Preparing the closing documents which includes the deed and the transfer tax returns
  • Calculating the closing costs.
  • Representing you in closin

Getting a professional Realtor to help you takes the fuss out of buying or selling a home—and assures you that no legal trouble related to your transaction will hound you in the future.

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