Residential Real Estate Transactions
Buying your dream house is exciting but can also be stressful. Purchasing residential real estate requires a significant financial investment, so you’ll want to make sure you are moving through each phase of the process with clarity and confidence.
Trying to navigate a real estate transaction while packing up your home, getting your finances together, and filling out what seems like endless paperwork – all while going about your daily life – can end up being overwhelming. Additionally, the ups and downs of the current housing market have made the process that much more nerve-wracking.
However, when you enlist the help of a residential real estate transaction attorney, you can get the assistance you need during this exciting time. Your attorney can look out for your best interests, allowing you to devote more time to other important tasks. The experienced residential real estate transaction attorneys at LoPrete, Lyneis & Carnwath, P.C. are ready to provide you with the customized legal guidance you deserve. Give us a call today to learn more.
The Steps Involved in Buying a Home
When you’re buying a home, you will need to navigate several steps before the transaction is complete.
The process typically involves working with a real estate agent, finding a home, securing financing (if you need it), writing an offer, going through an inspection, and ultimately closing on your purchase.
The process can take several weeks to a number of months to complete. You could be facing stiff competition from other prospective buyers, which means you submit an attractive offer and write a compelling offer letter.
Whether this is your first time purchasing a home or you’ve gone through this process before, it helps to have someone in your corner to make sure you complete all these steps accurately and on time. Additionally, you need to be prepared for the tax consequences that will arise after you make your purchase and sell your home (if you’re doing that as well). We’re here to support you through every step of the process, answering your questions and addressing your concerns at every turn.
How an Attorney Will Assist You
Your residential real estate attorney can assist you with every aspect of the transaction, from preparing an offer to purchase, reviewing an offer to purchase, reviewing closing documents, and attending the closing to ensure that the terms of the offer are complied with and that the tax and other credits are correctly calculated.
Need help with your residential real estate purchase in Bloomfield Hills? Do you have legal questions? Then contact LoPrete, Lyneis & Carnwath, P.C. at (248) 594-5770 to get started.
Complete your residential real estate transaction with confidence by enlisting an attorney to help you navigate every single step of the home-buying process and help you file taxes afterward.
