An Estate sale refers to a property that is put up for sale by an estate. Every estate sale is different. Very often, estate Sales are “as is”, meaning that the owner has passed and the Executor may not know the about the condition of the home or past repairs of the home. Whether you are involved in an estate sale as a seller or a buyer, it is important to consult a real estate attorney.
Why do you need an attorney for an estate sale?
Whether you are a buyer or a seller in an estate sale, having a lawyer is crucial. Although the sellers are generally motivated and estate sales usually move quickly, title issues can come up. An attorney can confirm that the property is free and clear of any title issues for the sale.
Why do you need a real estate attorney to review your contract?
It is imperative to have a qualified, experienced real estate lawyer review your contracts. Your attorney’s job is to ensure your interests in the property are being protected. In New Jersey, there is a “standard” contract used by most real estate brokers and agents. However, it does not always fit every situation. An attorney can identify any inappropriate provisions in your agreement and change them to tailor to your best interests. The purchase of a home is probably one of, if not the most, significant financial transactions you will undertake in your lifetime. With that in mind, it is imperative to hire a real estate attorney who will keep your best interests in mind.
Our experienced real estate legal team works tirelessly to ensure that your interests are being looked after fairly and legally in all home purchases and sales. Do not hesitate to reach out to us with any questions.