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MANHATTAN HOUSE REAL ESTATE ATTORNEY
Why You Need An Attorney For Your Manhattan, Westchester, or Southampton Home Purchase
When you buy a home, you invest a significant amount of time, energy, and money into your future. As one of the country’s most populated areas, New York is one of the best places to investin real estate. However, the market can be confusing, and there are a lot of ways that things can go wrong. Real estate agents can help a bit, but when it comes down to the legalities of a purchase, there is only so much they can do.
What’s more, real estate agents are limited in what they are allowed to do. For example, it is considered unethical for them to tell you to buy a home, avoid a certain area, or otherwise push you into or out of a decision. However, real estate attorneys are quite the opposite. We offer counsel that is based on your best interest, and you can always trust that we can give you sound advice about your purchase. When it comes to purchasing or selling a home in New York, hiring an experienced real estate attorney from Avenue Law Firm is a must.
Purchasing a Home With Avenue Law Firm
Once you have found your desired home and are ready to begin the process of putting in an offer and paying a down payment, there is a lot of paperwork involved. If you don’t have a real estate attorney on your side, this paperwork can be full of generic terms that are not tailored to your unique situation. At Avenue Law Firm, we help you draft and revise forms and documents involved in the purchase of your home, specifically the contract of sale. Our team can create riders to the contract that are specific to your situation and ensure that your home purchase occurs in terms that you feel comfortable with.
When you purchase a home, it is necessary for you to make a down payment on the property. This money can also be referred to as “earnest money.” In New York, this amount is equivalent to 10% of the home’s price. Clearly, this is a significant amount of money to invest, especially for our many clients who are shopping in areas such as Manhattan and The Hamptons. If you decide to back out of the sale and your contract does not have sufficient terms for you to do so, you will likely lose your entire deposit. However, if your attorney has properly drafted your paperwork, you may be able to back out of a sale without penalty for certain reasons. This is just one of the ways that Avenue Law Firm protects you during the home purchase process.
Selling a House With Avenue Law Firm
As a seller, there are a lot of things that can go wrong. There are often significant costs associated with selling a home, and it is important to consider these costs when setting your selling price. Real estate agents can take advantage of sellers, and contracts can easily favor buyers if you are not careful. When you hire a real estate attorney from Avenue Law Firm, you can be sure that your sale is legally sound and that you are protected from predatory buyers or agents. When you own a property in New York and are trying to sell, you cannot be too careful. It’s helpful to remember how in demand and popular this area of the United States is and that some people will claim a section of it by any means necessary. Protect your property, your profits, and your future investments by using an Avenue Law Firm attorney anytime you sell a New York house.
Houses In New York
While houses are not the primary style of home in some areas of New York, they are still a popular option in many other areas. When you are buying or selling in Westchester or Southampton especially, freestanding or single-family homes are much more common. Though there are many wonderful benefits of this home style, it presents certain challenges as well. Unlike condos or townhomes, homeowners are responsible for significant upkeep in a house. Whether you hire out the maintenance jobs or do them yourself, you will have to keep up with the outdoor spaces, as well as things like the furnace, plumbing, gas, etc. When you are trying to sell a house, all of these aspects must be in pristine condition for a buyer to go through with the sale.
These sales also mean that having an attorney is essential. Listing the condition of the home in your selling contract helps to ensure that you are not responsible for any costly repairs or renovations before the sale is completed. If you are not upfront about what you will or will not do, the buyers may ask that you perform expensive upkeep tasks before they close. Conversely, if you are buying a home, having an Avenue Law Firm attorney on your side can help you to ensure that the house is in good, livable condition when you move in.
Why Avenue Law Firm?
When buying or selling a home in Manhattan, Westchester, or Southampton, you need the very best legal representation on your side. You deserve total peace of mind during your buying or selling process, and other law firms cannot truthfully offer that to you. With our extensive experience in the area, we are practiced at protecting buyers and sellers of high-end, luxury homes from common real estate hazards. When you work with us, you can count on protection every step of the way and know that your real estate transaction is in the very best hands. Don’t waste precious time or money with outdated firms and tactics. At Avenue Law Firm, we operate entirely digitally to give you constant access to your documents and increased access to your legal team.
To protect yourself, your family, your investments, and your profits contact Avenue Law Firm today. We are on the cutting edge of real estate in Manhattan, Westchester, and Southampton, and we will provide you with expert, full-service legal advice for your property purchase or sale. Don’t wait. Reach out today.