Ready to Buy a House or Property? Know What You Are Signing.
It's a funny thing, but some people who seek professional advice before claiming a $500 deduction on their taxes will enter into a six-figure real estate transaction without understanding more than a few lines on the purchase agreement and title insurance commitment. Buying real estate, whether it is residential or commercial property, is likely to be among your largest investments. Doesn't it make sense to spend some time with an experienced real estate lawyer who can help you through the process?
Free Initial Phone Consultation • Reasonable Fees • Years of Experience
We are the real estate lawyers of Galloway and Collens, in Huntington Woods, Michigan. For more than 15 years, we have been helping individuals, families, and investors make sense of the fine print on real estate offer sheets, purchase agreements, sales contracts, and closing documents. Before you buy, consider everything you have at stake. Contact us to arrange a free initial phone consultation about what the right attorney can do for you.
We offer a full range of buyer representation legal services, including:
- Contract negotiations on price and terms
- Contingency review and drafting
- Identifying potential legal and financial exposure and working with you to minimize those risks
- Helping you address defects in title and construction discovered after signing the agreement but prior to closing
- Protecting your rights and advocating on your behalf on disputes with sellers, mortgage companies or realtors
- Reviewing and explaining mortgage and closing documents
- Attending closings
Buying When a Short Sale Is Involved
With a short sale, the seller must negotiate with his or her mortgage lender to release their lien against the property for less than the full amount owing on the loan. The process is often lengthy and the outcome uncertain. While it is possible to get a great deal when purchasing a property sold "short," many of these transactions don't close. When that happens, you need legal assistance to assert your rights. If the transaction does close, an attorney can make certain that all the loose ends are tied up and you are getting good title to the property.
Learn more about home ownership at our practice information center. You can read more about our law firm, our attorneys, and our complete range of real estate legal services at our firm's full Web site at www.GallowayCollens.com.
Contact us to arrange a free initial phone consultation. We represent clients who are buying real estate in Detroit and communities throughout Michigan.
