Information That Every Real Estate Lawyer Should Know
Everything can seem complicated when dealing with property. The selling process is complected, the buying process is complicated, and almost every other aspect of property is complicated, especially property law.
Working with an experienced and qualified real estate lawyer is important so you don’t get yourself into more issues down the road. There are many things that professional lawyers dealing in real estate should know. Especially for the experienced ones who have dealt with various property law cases, it’s important they are knowledgeable about all aspects of real estate.
Inspection Process
One of the most important parts of any sale or purchase of a home is the inspection. Just stopping in quick to look at how the previous tenants arranged their furniture is not enough. According to the National Association of Realtors, 77% of home-buyers have their inspection done before they finalize the purchase. This is important because if you wait until you’ve already made the deal, you could be faced with some nasty surprises on your property. Inspections should be done before, during, and immediately after the purchase of any home.
Eviction and Foreclosure Process
Depending on your situation, a foreclosure or eviction can be even more stressful than any other aspect of property ownership. There are various laws that real estate lawyers should be aware of regarding these issues. A tenant should be properly notified well before the foreclosure sale is final, and the tenant at risk of foreclosure should have ample time and opportunities to pay before their property is sold. As far as evictions go, Californian landlords are required to provide at least 60 days’ notice to a tenant so they have enough time to vacate the property. These property law cases can be some of the most complicated to deal with. Make sure your lawyer is up to it.
Purchasing Process
The finances involved with real estate should be handled with the utmost professionalism and accuracy. Every dime should be accounted for and your lawyer should know every single word of any and all contracts so there are no surprises. The duration of the sale depends on each specific contract, but you and your lawyer should determine a closing date. On average, it takes about four to 10 weeks to close on a house but that varies depending on the state.
There is a lot more important information you and your lawyer should keep in mind when dealing with your real estate as well. If you’re in need of a California real estate lawyer who has experience in various property law cases, contact DiJulio Law Group today!