Buying a home isn’t just a simple purchase; the process can be very confusing and intimidating for the parties involved. Because these transactions can be so complex, sometimes it is best for home buyers or sellers to enlist an attorney who can look out for their best interests and thoroughly explain the process. Our team is experienced in drafting, amending, and reviewing purchase agreements and is here to help you navigate the process to ensure a smooth transaction.
A residential real estate purchase agreement is a legally binding contract between a buyer and seller for the ownership transfer of real estate in exchange for a sales price. The agreement outlines the terms and conditions and must be followed, unless amended, until the closing date. Prospective buyers submit this document as an offer to a seller, who may then negotiate terms before signing and accepting the deal. The agreement must include the legal names of the buyer and seller, a description of the property, the purchase price and the type of financing that will be used by the buyer, special conditions, the closing date, and other important terms.
If you are ready to purchase or sell your home and want an attorney to assist you during this often tedious process, contact our office today.
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