The world of real estate can be tricky, complicated, and confusing. This is true for all sorts of real estate situations which include foreclosures, selling a home, and buying a home. If you are looking to get the most out of your real estate experience you would do good to hire a talented real estate lawyer.
In the year of 2013, just about one in every 96 homes ended up having at least one foreclosure filing. This is a tough situation to deal with and it is highly recommended that the person filing for a foreclosure hires a real estate lawyer. They can help the homeowner get the most out of their situation.
California law requires real estate agents to disclose information about any death that occurred on a property within the three years before the sale. These types of laws are important because they help keep real estate agents honest. Another great way to keep them honest is by hiring a talented and reliable real estate lawyer helping you through the home buying and home selling process.
If a California tenant has lived on the premises for more than one year, the landlord must provide at least 60 days’ notice to vacate in the event of an eviction. If an eviction escalates to a court setting, a judge will hear and decide the case within 20 days (on average) after the tenant or the landlord files a request to set the case for trial. These types of tricky legal situations definitely require for the homeowner or resident to hire a real estate lawyer to be in their corner.
The National Association of Realtors says 77% of homebuyers have an inspection done before completing a home purchase. To avoid nasty surprises once you’re in the process of selling your home, have your own inspection done and make any repairs over the winter months before you list the home. Make sure you get the right people to help with an inspection and a real estate law firm to help with real estate contracts or a real estate dispute.
After you’ve entered into a purchase contract, how long things will take depends on your contract, which should specify a closing date or a number of days before closing. Within four to ten weeks is typical, although it varies from state to state. 1 out of every 200 homes will be foreclosed upon. State laws provide strict regulations regarding proper notices and opportunities to pay before the property is sold in a foreclosure sale. If your home mortgage is at risk of foreclosure, you should consult an attorney as soon as possible.
In Conclusion
Every single year there are people who are put in tough situations when dealing with the world of real estate. A reliable, talented, and hardworking real estate attorney will be able to help the average homeowner with a plethora of different problems. Do not hesitate to, at the very least, seek out some help from a real estate agent if you need it.