Real Estate law entails more than just having a real estate lawyer sit next to you at a closing.
We are available to assist with any the following:
· Any Real Estate closing
· Real Estate Litigation
· Purchase/Sale/Lease of an Apartment Building
· Purchase/Sale/Lease of a Cooperative Apartment
· Purchase/Sale/Lease of a Condominium
· Purchase/Sale/Lease of a Commercial Building
· Purchase of a Foreclosure/REO property
· Purchase/Sale of a Short Sale property
· Purchase/Sale FSBO (For Sale By Owner)
· Purchase/Sale/Lease of a Shopping Center
· Purchase/Sale/Lease of Undeveloped Land
· Purchase/Sale/Lease of a Vacation Home
· Purchase/Sale/Lease of an Investment Property
· Lease Drafting/Review
· Real Estate Contract Drafting/Review
· Landlord-Tenant Matters
· Real Estate Refinancing
· Assignment of Mortgage/Contract
· Construction Loans
· Deed transfers
· Quit-Claim Deeds
· Loan Modifications
· Lender Representation (BANK CLOSINGS)
· First-Time Home Buyer Representation
· Title Review
There are many parts involved in a real estate transaction. Here is a list of the aspects of a basic real estate transaction: REAL ESTATE TRANSACTION OVERVIEW*
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Owner lists property for sell with a real estate Broker/FSBO.
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A Buyer makes an acceptable offer.
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Buyer hires engineer/inspector.
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Seller’s attorney drafts the initial contract of sale.
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Seller’s attorney and Buyer’s attorney negotiate the contract terms.
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Buyer’s attorney meets with his client(s) for the “contract signing.”
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Executed contract and Down payment are forwarded to Seller’s attorney.
- Buyer receives an executed copy of the contract to obtain a loan (“commitment letter”).
- A title search & survey are conducted.
- A closing date is set.
- Parties meet to close the transaction.
*The above is merely a summary of a real estate transaction. Every real estate transaction is unique. Additional or different steps may be required to close a particular transaction.
The Long Island Law Firm of VAUGHN & WEBER, PLLC can assist you with your Real Estate legal needs. We are your real estate lawyers. Call us today at (516) 858-2620!
Please visit our Real Estate category to read our blog posts on real estate.
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