Buying and owning a new home can be an exciting time in a person’s life. It can also be an extremely complicated time for some people. Not everyone is knowledgeable on or has experience in property law, which can lead to some confusing issues.
Before you partake in any real estate business decisions, you should consult with a professional real estate law firm that employs real estate attorneys who are experienced. They have been through property law cases. They know how to help.
There is a chance that you and your family do not know anything about buying, selling, or owning property. That is okay. Real estate attorneys can assist you in the process, no matter the situation.
Although contacting and consulting with a professional real estate law firm should be done, there are still a few things that you should keep in mind regarding property buying and property law.
- Regarding foreclosures, there are regulations put in place that require proper notice to be given to the homeowner before the home is sold in a foreclosure sale.
- If an eviction ends up reaching the court, a judge will hear it and decide the outcome of the case within 20 days after the tenant or landlord had filed the request to see the case in trial.
- Once you’ve entered into a purchasing contract with another party, the typical closing date is usually within four to 10 weeks, although it varies depending on the state.
- According to The National Association of Realtors, about 77% of people purchasing a home have an inspection done before completing the buying purchase. This should be done so that no surprises happen once you’re in the process of moving in or out. It’s recommended to make any repairs during the winter months before the home is listed as well.
- About one in every 200 homes will be foreclosed upon, and in 2013, one in every 96 homes reported a foreclosure.
There are so many aspects that go into buying, selling, and maintaining property. Consult with experienced real estate attorneys today if you are in need of advice.