Purchase Contracts
Realtor and Real Estate Attorney-Traditional Sale or Conventional Sale-Helping You Sell
Before 2007 it was likely that you had not heard of the terms “traditional sale” or “conventional sale”. This is because there were not that many distressed properties for sale, foreclosures were few and far between and were sold quietly and short sales were unheard of. Distressed properties are those whose homeowners have fallen behind in their mortgage and their homes are being sold either as a short sale or the bank foreclosed on their home and is now selling it as a foreclosure or “real estate or corporate owned” (REO).
A traditional sale or conventional sale is what most people who have previously bought property are used to. Either the home is owned out-right (meaning there is no mortgage owed) or the seller owes less on the mortgage than fair market value.
Protecting Your Interests
Whether you are selling your home to trade up to a larger home, downsizing now that your children are out on their own, or relocating to a different area an experienced real estate attorney and broker like Sarah Litchney can provide you with insight and legal guidance from start to finish as well as the ability to list your home or act as your agent to buy a home through her affiliated in-house brokerage; StoneCrest Realty.
If you are buying a home, attorney and broker Sarah Litchney can;
- Zealously negotiate on your behalf using tested and proven negotiation skills and tactics to make sure your interests are represented.
- Explain the legalese contained in the purchase contract and how to draft your offer to best protect your interests. She knows how to make sure you are protected.
- Review and advise you on the real estate documents that relate to your legal title, mortgage agreement and taxes.
- Advise and protect you from hidden liabilities and issues with respect to your new home, including defects, disclosures or repairs that pop up after close of escrow.
- Ensure that the proper legal documents pertaining to your real estate transaction are recorded and that you possess valid ownership documentation.
If you are selling a home, attorney and broker Sarah Litchney can;
- Review the terms of the purchase contract and advise you on any counters or addendum’s required from the buyer.
- Advise you on the disclosures you are required to make to the buyer to make sure you are best protected from any future lawsuits from the buyer.
- Ensure that your purchase and sale agreement terms properly protect your interests.
- Review any title issues that may come up including any liens or judgments recorded to the property.
- Represent you during negotiations with the buyer.
- Facilitate the closing.
- Write legal demand letters if necessary
- Negotiate with lenders (for short sales)
- Review short sale approval contracts and affidavits that you are required to sign (for short sales)
Attorney and Sacramento Real Estate Agent and broker Sarah Litchney is fully equipped to assist you with all of your real estate related needs. Call now to learn more about the real estate law services available to you and to schedule your free attorney consultation.
We are experienced Sacramento Real Estate Attorneys and Sacramento Real Estate Agent. We are a unique and powerful combination and can help you with your real estate legal issues. We have helped thousands of people with pressing real estate issues find solutions and relief through the use of short sales, deed in lieu of foreclosures, strategic foreclosures, mortgage debt settlements and legal real estate review and advice.
Our real estate attorneys have achieved proven results and can give you the great legal advice and strategy needed to get you the results you want. Contact us today to schedule your complimentary attorney consultation by clicking HERE or by calling 916-757-6000. We look forward to helping you with all of your Sacramento real estate needs.