Purchasing residential property in New York is an exciting but overwhelming time for people. Getting the right kind of legal advice is important to make sure mistakes are not made that can delay or hinder the process.
At Lalor Law Firm, our real estate lawyer in the Hudson Valley will help you navigate this important purchase in your life. Contact us at (845) 616-3509 to schedule a meeting or a phone consultation today.
Buying and Selling Real Estate in New York
Your home is most likely the biggest investment you will ever make and it is important to educate yourself on the process so you know what to expect. The following are some of the highlights of the home buying and selling process. Remember, however, that the exact process may differ in the area where you are purchasing a home, and that is why you should speak to a real estate attorney in the Hudson Valley to make sure you follow the process accordingly.
Team Up with a Real Estate Lawyer
One of the first decisions you need to make is whether you need or want the assistance of a real estate lawyer. A lawyer will ensure your rights are upheld and your obligations are met. Making sure your real estate transaction is legally sound is critical, and a real estate lawyer has the skills to do so. Some states may require a real estate lawyer, while others recommend it.
An Offer
Once the buyer has chosen the home, it is time to make an offer. A real estate lawyer, they will help guide you through this process.
Financing, Appraisals, and Inspections
If the buyer can pay cash for the new home, they do not have to worry about obtaining any type of financing. If they buyer is obtaining financing, there are different sources from which they can do so. Whether the buyer obtains financing, the buyer needs to have the home and property inspected and appraised. This process should uncover any problems. If they exist, the lender will be informed, and the buyer will have the opportunity to have the issues timely addressed by the seller. Keep in mind, anything that arises from the inspection could impact the value of the property.
A real estate lawyer will address specific factors related to your unique real estate transaction experience in the Hudson Valley.
Contact a Residential Real Estate Attorney in the Hudson Valley Today
If you are looking to purchase residential real estate in the Hudson Valley, it is a good idea to get smart legal advice. Contact Lalor Law Firm today by filling out our online form or calling us at (845) 616-3509 to schedule a meeting or a phone consultation. Our real estate lawyer will walk you through the entire home purchasing process.