Why do you need a selling real estate attorney to represent you in the sale of your home?
Here are some of the tasks a seller’s real estate attorney will complete for you while you complete one of the largest transactions of your life:
- Review offer to purchase
- Assist your agent with home inspection issues, if need be
- Draft Purchase and Sale Agreement; review any addendums
- Draft Deed for closing
- Draft Power of Attorney and attend closing for you if you choose not to
- Order your mortgage payoff
- Assist your agent with final readings, if need be
- Send you the final list of documents and information needed for closing (including smoke detector certificate, Title V inspection report, 1099 documentation, commission statement, etc)
It definitely pays to work with a good real estate attorney on both the buying & selling side of your transaction. If you need a good recommendation for one, I am happy to refer you to some top notch real estate attorneys in both MA & CT.
What’s a Short Sale? I get this question all of the time and with several recent listings of short sales, I figured I’d share a blog post with you all about what it actually means.
A short sale should really be called a “long sale” since there’s not much short about them. The only shortage is the difference between what the seller currently owes and the property value today. The seller has come across some kind of financial hardship such as a divorce, loss of job or maybe a job transfer and they need to sell. Because the real estate market declined over the past several years, homes are not worth what they once were so sellers are having a hard time breaking even. A short sale allows a seller to still sell and be forgiven the difference of what is owed if the short sale lender will agree.
Short sales can take an average of 3-6 months to get a yes or a no on an offer. Most good short sale agents will require you to do all inspections prior to the short sale lender approving your offer. This is because we don’t want you tying the property up for 3-6 months only to find out that something in the inspection is a deal breaker and you walk away after months of hard work getting an approval. Sellers are usually not in a position to do repairs needed after an inspection, so they’re considered “as is” sales in most cases.
They can be worth the wait by saving you thousands in price. Just make sure you work with someone that has expertise in short sales.
If you, or someone you know is looking to purchase or do a short sale, don’t hesitate to contact me. I have been doing them for years and work with a great team of experts to assist you and make it go as smoothly as possible.
We took the kids to the Breezy Picnic Grounds Waterslides in Douglas MA on Friday and I was blown away with how nice this place was! So close to home it was practically in our backyard and I never knew it existed! It was clean, beautiful and had something for everyone. My boys enjoyed flying down the unlimited waterslides with their bracelets while my daughter made her fun swimming in the lake and building sandcastles with friends.
We made an entire day of it packing a cooler and tons of snacks. But if you forget, don’t worry…they have a snack shack on site. The bathhouses and restrooms were clean. The pool was clean. There were plenty of picnic tables and spots for everyone to have their own little setup.
I felt as relaxed as any single mother of 4 could out there and I thoroughly enjoyed the day. I can’t recommend Breezy Picnic Grounds Waterslides enough for some summer fun. We will be planning a day back very soon.