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representing the interests of the buyer in a real estate transaction There is a common misconception that estate planning documents only concern what will happen with your property after you pass away. Considering the potentially tragic health outcomes that can result from contracting the coronavirus, it is not a bad idea to consider how you want your property distributed after you are gone.

Representing the Interests of the Buyer in Real Estate Transactions

If this is your first home purchase, or perhaps you haven’t purchased a new home in a while, the process may seem confusing. We hope that our office can make the entire purchase process easy and enjoyable for you. There are a few things to remember.

First, understand that the lender’s closing attorney, and this includes our office if we are representing your new lender, represents the interests of the lender. Therefore, it is not the responsibility of lender’s counsel to advise you on your rights and obligations regarding your new home purchase. Because of this, we highly recommend that you retain your own attorney to represent your interests in this process. Our office can represent you, even if we are handling the closing for your new lender, for a reasonable fee and give you the comfort you need to proceed confidently toward the purchase of your new home. Some of the services we provide when representing buyers are:

  • Negotiation and preparation of the Offer to Purchase and Purchase and Sale Agreement to protect your interests and concerns.
  • Resolve issues which may arise during the pendency of your purchase and assist you if you are selling real estate to purchase your new home.
  • Explain the mortgage process and assist you in understanding just what the Lender’s Commitment Letter says.
    Assist in the coordination of the closing and represent you at the closing, review all closing documents and explain their meaning and significance to you.
  • Answer questions you might have and resolve disputes that may arise at any time during the closing process.

In addition, click here to check out our Full Guide For Buyers when it comes to Navigating the Purchase Process in Real Estate Transactions.

 

Please call our office or fill out this form to discuss how we can represent you and what our fees are for this service. We look forward to hearing from you.

 

This blog is made available for educational purposes only as well as to give you general information and a general understanding of the law, not to provide specific legal advice. By reading this blog you understand that there is no attorney client relationship between you and Lane, Lane & Kelly, LLP.