The purchase of a home is one of the most important investments you will ever make. In order to insure that you receive all of the assistance your attorney can provide, you should consult an attorney early in the purchase process, ideally before you sign a binder or any other documents.
It should include, among other items, the property description; purchase price; personal property and fixtures located in the home; financing agreements; the closing date and rights and liabilities of the parties should the transaction fail to close. In addition, you may wish to include conditions which must be met before you are obligated to buy, such as structural inspections, the sale of your present home reviewed and approved by your attorney, as well as approval of your financing. We will counsel and advise you as you negotiate the contract before it becomes a binding agreement that cannot be changed. The contract of sale is a written agreement between the Seller and the Buyer, which sets forth the terms of the purchase.
We will also complete a title search of the land records to determine whether the Seller has good title to the property you are purchasing and check for any existing liens, restrictions, easements, taxes and assessments and arrange for title insurance to protect you against potential title defects, which may be discoverable from a review of the public records. Your lender will also require such title insurance in connection with your mortgage loan and we will arrange for that title insurance as well.
Our goal is to make your home purchase as smooth and effortless as possible, while, at the same time, quietly but effectively protecting you.