It’s not commonly understood that, depending on where a transaction takes place, Buyers are the only party to a real estate transaction who do not benefit from legal counsel. How does this work? As the party ultimately responsible for the real estate transaction,...
FSBO Sellers Guide: Navigating Your For Sale By Owner Journey Selling a home without a real estate agent is referred to as “For Sale By Owner” (FSBO). Although going FSBO can save thousands of dollars of real estate agent commissions, it requires careful planning and...
Top 10 Reasons To Consult a Real Estate Attorney Before Buying Property Considering the purchase of a home, be it vacant land, a home in a subdivision, or a condo, is a pivotal decision laden with complexities. It’s crucial to recognize the significance of seeking a...
FSBO Real Estate Tips: Boost Your For Sale By Owner Success If you’re planning to sell real estate – whether a condo, single-family home, vacant land, or another type of property – chances are you’d prefer to do it quickly and for the highest price. By offering your...
Timely Contract® - Real Property, Real Solutions® Timely Contract uses limited-scope legal solutions to meet the legal needs of the residential transactional marketplace. What is a Limited-Scope Legal Solution? A limited-scope legal solution limits the scope of the...
Understanding Tenancy in Common in Real Estate When real property is owned by a single owner, the owner is said to have ownership in severalty. For many of you, this may be a new word, but you can remember it by thinking of the word “severed.” When you have ownership...
Understanding Buyer Representation Agreements in Real Estate Buyer’s Agents spend a lot of time showing homes. It’s part of the real estate business. Buyer’s Agents are 100% commission-based and rely on their business acumen, excellent people skills, and the good will...
Government Approval for Construction: Navigating Regulatory Hurdles in Building Projects Government Approval for Construction is a formidable hurdle in the world of building projects. It’s no secret that government is big and getting bigger. What if you want to build...
Calendaring Considerations in Real Estate Transactions: The Overlooked Inspection Period There are many calendaring considerations during the real estate transaction. At the risk of exaggerating, the one that gets overlooked the most and is most responsible for...
Each State differs with regard to laws, rules, and regulations governing real property transactions. Below are factors to consider when buying or selling real estate in Real Estate Transactions in Montana. Legal Due Diligence in Montana Unless buying a home in a...
Real Estate Transaction Fees: An Upending Verdict A guilty verdict was handed down by a federal jury on October 31, 2023 that threatens to upend the cozy financial relationships enjoyed by agents representing Buyers and Sellers during the real estate transaction. In...
You accepted an offer! All those years of home ownership will be behind you. Once escrow closes, you’ll have more money than you ever imagined possible! Next move? A sunny climate where pina coladas are cheap. You earned it! All those years of mortgage payments,...
As useful as limited-scope legal services are, there are times when a more robust set of legal services is necessary. Timely Contract can be used to identify experienced real estate attorneys licensed in the jurisdiction of the property who may be interested in your...
When moving from State-to-State, Buyers are often unaware that the legal obligations of real estate agents in the new, destination State will not necessarily mirror the legal obligations of agents in their old State. In other words, the legal environment you left may...
Document drafting for the real estate transaction is the process of creating documents that satisfy the legal requirements of Buyer and Seller, meet the practical needs of the transaction, and memorialize terms, conditions, and contingencies that are acceptable to all...