Contracts

an attorney and client shaking hands

Legal documents and contracts in reference to real estate dealings can be complex, and it is essential that you understand what you are signing away before you make a mistake. Experienced real estate lawyers like Daniel Burke can make a huge difference when you are buying or selling a house.

Documents Required When Buying A Home

The sheer amount of paperwork involved in buying a house is extraordinary, and can be dangerous if you are inexperienced in the industry. Real estate lawyers like Daniel Burke handle these documents regularly and can be depended on to help you make sure every step f the process goes smoothly. These are some of the documents your attorney could help you with:

–Preapproval Letter

–Loan Estimate

–Offer Letter

–Purchase Agreement

–Home Inspection Report

–Home Appraisal

–Title Search

–Cashier’s Check

–Closing Disclosure

–Homeowners Insurance Declaration

–Property Survey

 

Selling Your Home with the Assistance of a Real Estate Agent

 

If you are selling your home through a real estate agent, you will be dealing with multiple documents and contracts to make your sale official. If you are unsure about what any or all of these contracts and documents mean, you should have an attorney review them with you. In fact, most real estate contracts have an area for you to specify who your attorney is. This is because an attorney will always be looking out for your best interest and has nothing to gain from your failure or success. They know how to operate completely professionally to ensure your documents are in perfect condition during the selling process.

Dan Burke has reviewed and written real estate contracts for many years. He can help you with all of the following documents and more:

  • Listing Agreement – This document is basically an agreement between you and your real estate broker/agent to find a buyer for your property. There are several kinds of listing agreements, and each one can prove crucial when it comes to your rights and liabilities with your real estate agent.

 

  • Sales Contract – This contract is an agreement between you and the buyer of your property that states the price and delivery of goods in an official document. You’ll want legal assistance to make sure you are agreeing to sell what you want and for how much.

 

  • Closing Documents – These documents are extremely important to your future. They include information about your loan, mortgage and ultimately hand over power to the buyer.

 

Selling Your Home without a Real Estate Agent (For Sale by Owner)

 

If you are selling your home without the assistance of a real estate attorney, at some point in the sales transaction, you will be dealing with all of the documents mentioned above plus some forms your real estate agent would have taken care of in the event that you were using one. Some of the documents you may be expected to procure are:

–Residential Property Disclosure form

–Residential Sales Contract

–Third-party Financing Addendum

–Lead-based Paint Addendum (if built before 1978)

–Invoices (of past renovations or repairs)

–Copies of Electric and Gas Bills

–Property Tax Information

–Home Inspection Certificate

–Bank Information

 

All of these legal documents and contracts have consequences if not handled properly. Dan Burke, a local San Antonio real estate attorney, can help you with sales contracts, deeds, deeds of trust, promissory notes, and all the matters involved with real estate transactions. Contact our team today.