Real Estate Contracts
Any contract can be difficult to understand and it is important that you have an attorney that is fully versed in not only reading, but also creating contracts so that your home sale or purchase goes precisely the way that you plan.
At Tomassi Law Associates we provide contract drafting, negotiation, and review to both home buyers and sellers.
Contract Drafting
Drafting a contract with the proper language is essential to making sure that all parties involved know up front and have agreed to terms and conditions set on the sale of the home.
Sure, there are standard contract forms that you can buy when selling or purchasing a home. However, many of the standard forms contain recommendations that the buyer and seller should consult with "legal and tax counsel" before signing. There is a reason for this recommendation - the needs of individuals cannot be put into a form made for everyone.
Tomassi Law Associates makes it affordable for buyers and sellers to have a legally binding contract that is written specifically for them using a flat rate pricing model:
For buyers and sellers our flat rate price includes the closing fee, title search fee, title examination fee, courier fees and wire fees. Find out more information on title insurance pricing.
Contract Negotiation
Tomassi Law Associates can help you in creating a contract that is beneficial to both parties involved. With our experience, understanding, and knowledge of real estate contracts we can help you make sure you are getting a fair deal.
Don't give up on what you want just because you think you have to. Let us help you negotiate with the other party so that everyone comes out a winner.
Contract Review & Explanation
Having your buyers or sellers contract reviewed is an essential part of the home buying process. Buy having Tomassi Law Associates review your real estate contract we will be able to make sure that there are no surprises or delays due to a misunderstanding between parties. After we review your contract we will make sure that we have fully explained it to you and that you completely understand the terms of the contract you are about to sign.
If you've read a document carefully, and the document is either unclear or seems to be saying something other than what you're being told it says, you should hire a real estate attorney rather than relying on you real estate broker's advice.
Before you sign a buyer agency agreement, your real estate broker should review the contract with you and explain its implications. But remember that this broker is the "other party" in this contractual relationship. Your interests and his do not always coincide here and this contract will be the basis for any future legal disputes you may have with your broker. If you have any doubts about the contractual obligations that you're getting into when signing a buyer agency agreement or a listing agreement, you should absolutely have it reviewed by a real estate attorney before you sign it.
If you are buying a new home directly from a builder, or having your new home built from the ground up, you should almost certainly have a real estate attorney either draft or review the contract for you. Most builders use standardized contracts of their own. These contracts are usually very heavily weighted toward the protection of the builder's interests, not yours! With a custom builder, your attorney may be able to negotiate substantial changes in the language of the builder's contract.
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