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The most expensive
transaction most people make in their lifetime involves real estate.
Keep the following in mind when you decide to buy or sell real estate.
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There are many pitfalls to avoid due to the
complexity of real estate law. Real Estate litigation is costly and time
consuming. There are Ohio Department of Commerce Regulations, lead paint
disclosures, “as is” clauses, expense allocation clauses, contingency
clauses, “time is of the essence” clauses and many, many more.
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A lack of knowledge can cause mistakes that
cost thousands of dollars to remedy, if at all.
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Realtors receive commissions, in most cases
involving residential real estate, out of after tax proceeds.
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Realtors are not lawyers but use agreements
prepared by lawyers.
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If problems develop, not only is the realtor
paid for finding the buyer, but lawyer fees must be paid in addition, all
out of potentially after tax funds.
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A real estate lawyer can bring his knowledge
to the transaction and potentially eliminate the need for a realtor thereby
saving thousands of after tax commission dollars and eliminating error that
can cost even more.
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Once you have learned to work with a lawyer
for your real estate transaction, you can take that knowledge and build on
it thereby saving even more after tax proceeds on your next transaction.
Our Firm has been servicing clients like you for 30 years and is exceptionally
qualified to guide you through your real estate matter whether that need
involves:
·
Residential Real Estate Purchase or
Sale
·
Commercial Real Estate Purchase or
Sale
·
For
Sale By Owner
·
Residential Leases
·
Commercial Leases
·
Land
Installment Contracts
·
Lease
with Option to Purchase
·
Financial Documentation Assembly
·
Real
Estate Negotiations or otherwise.
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