Is it enought to just get a good residential real estate lawyer?
2006-08-02 05:51:32 · 13 answers · asked by Bill_Michels 1 in Business & Finance ➔ Renting & Real Estate
Actully assist2sell will do the paper work for you if you have one in your town for a small fee..wwwassist2sell.com
2006-08-02 06:02:25 · answer #1 · answered by aquaris01975 3 · 0⤊ 0⤋
The answer to that question depends on whether or not you already have a buyer. If you do, an attorney can help you draft a legal purchase agreement although you can do it yourself if you're feeling lucky...well, do you? Punk? If you do not have a buyer, keep this in mind: Every year you hear of someone who went to Las Vegas and actually came home with more money than they went there with. But Las Vegas was not built on winners money, it is what it is because the majority of people that gamble lose. Every year you hear of someone who sold their home without a realtor and made more money than if they had paid the commission. But most home sell with the help of realtors because they have the ability to expose your home to more buyers. Why would a buyer go directly to a seller instead of work with a realtor? The obvious answer is "to save the commision." But isn't that why you're trying to sell the house yourself? You both can't save it. Even if you split the commission, out of your half you still have to pay adverstising, attorney's fees, etc.
2006-08-02 11:18:21 · answer #2 · answered by larry r 3 · 0⤊ 0⤋
In reality, YES tha would be all you need because your lawyer will help you keep everthing within the law BUT he will not help in anything else other than the legalities of selling the home.
If you are up to the challenge, go ahead but be prepared to do ALL the marketing, open houses, contacts, inspections, reparis, etc, etc......etc.
When you hire a Realtor, he/she has a network that could sell your home faster and with MUCH less hassle. A Realtor is a well rounded expert in selling a home. But like I said if you are up to the challenge then do it. Your lawyer will keep you safe as far as the legalities of the sale is concerned.
Good luck.
2006-08-02 07:34:02 · answer #3 · answered by SCCRealEstateUNCENSORED.com 3 · 0⤊ 0⤋
You're opening a can of worms by doing this without an experienced realtor on your side. An attorney knows the law but doesn't have the right type of contacts(buyers, appraisers, lenders) or experience.
Don't you want to sell the house quickly and move on? Or would you prefer to drag out the process, scare buyers away and learn the hard way?
2006-08-02 05:58:58 · answer #4 · answered by drhomeloan 2 · 0⤊ 0⤋
Yes, all you need is a real estate lawyer. It only cost me $350 to draw up the papers. It was worth it!!
2006-08-02 05:56:49 · answer #5 · answered by girlonline64 5 · 0⤊ 0⤋
Yes. Every state has different requirements of the seller. Many require you fill out a full disclosure form. (In connecticut you must tell the buyer if the house has ever had a murder in it, or if it has ghosts!). A real state attorney will know all the requirements for your state.
2006-08-02 05:57:15 · answer #6 · answered by Anonymous · 0⤊ 0⤋
A Lending office to help get the the right buyer and
the buyer pays to buy your house go to my site for more
http://www.mynlc.com/a17989
2006-08-02 06:05:45 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Why don't you try Help U Sell? Fromwhat I understand, they charge a flat fee, and you save money by not having to pay commissions.
2006-08-02 05:58:40 · answer #8 · answered by susan m 2 · 0⤊ 0⤋
That's what you need. One other thing, understand that if you invite other realtors to show your house to their clients they'll expect a commission of about 2.5%.
2006-08-02 05:55:45 · answer #9 · answered by Oh Boy! 5 · 0⤊ 0⤋
Yup. But you better get an appointment BEFORE you sell or try to sell. He/she may have some pointers for you.
2006-08-02 05:55:08 · answer #10 · answered by Puppy Zwolle 7 · 0⤊ 0⤋