The process of purchasing your dream home may seem overwhelming as you feel pulled in many different directions. There are several steps that happen simultaneously and the path is not always straight or clear! Assembling a dream team in advance to help tackle the process of purchasing your dream home will provide you the most opportunity, clarity, and peace of mind.
Hiring a real estate broker and real estate attorney at the very beginning of your home search provides many benefits. It is also a good idea to identify a lender, home inspector, decorator, and movers early on in the process.
Real Estate Broker
A real estate broker works to negotiate and arrange real estate transactions. Brokers work with people wanting to purchase a property by providing advice and services to help them find a home that meets their wants and needs. Brokers also work with people looking to sell their current home and move to a new home.
Real estate brokers assist with:
Assisting buyers in locating properties in their ideal neighborhood, price range, and meeting other points of criteria.
Providing sellers with a market evaluation and suggestions of a listing price.
Coordinating and helping interested buyers to attend showings.
Once a buyer is identified is prepared to make an offer, a real estate broker helps the buyer craft their initial offer and purchase agreement or negotiate on behalf of the seller.
Coordinating for inspections, reports, and repair and credit negotiations.
Solves any issues that arise from the walkthrough.
Assists in determining closing date between the buyer and seller.
Real Estate Attorney
Real estate attorneys help navigate the legal landscape when purchasing or selling a home. Attorneys can help you understand and comply with your purchase and sale contract. They advise clients regarding legal matters as well as carefully review contracts to ensure that you will not be subject to terms that are unevenly in favor of the other party
Real estate attorneys assist with:
Preparing and reviewing all legal documents that are signed at the closing of the transaction, including loan and transfer documents.
Drafts the Attorney Review letter with proposed modifications to the contract.
Documenting changes to the contract
Monitoring deadlines contained in the contract
Performs a title search for the seller or review the title search for buyers
Representing the buyer’s or seller’s best interests at time of closing.
Assembling a dream time of a real estate broker and real estate attorney when purchasing your dream home provides you with an abundance of support from home search to closing.
If you or someone you know would like to hire a real estate attorney, contact Kershner Sledziewski Law today.