We are FSBO friendly. We can assist in drafting or reviewing a sales contract and give legal advice to sellers or purchasers. To review or draft a sales contract and to provide consultation on the purchase & sale process usually takes 1 1/2 to 2 hours @ $175 per hour.
Whether you are selling your home yourself or are buying a home directly from the seller, the failure to consult with an attorney can result in very costly litigation expenses down the road. Having an attorney prepare and review all legal documents is essential to a real estate closing that will not come back to haunt you.
Real estate law is extensive and complex: The contract for sale and purchase is a legally binding document. An improperly written contract can cause the sale to fall through, or cost you thousands of dollars for repairs, inspections, and remedies for title defects.
The drafting of a real estate contract must not be taken lightly, since many thousands of dollars will be at stake. Many times the buyer and seller will have verbally negotiated the terms of the sale without considering all of the possible issues, and ask an attorney to put these terms into a formal contract. The better practice is for sellers or buyers to have met with an attorney first, then buyer and seller carry out their negotiations using a checklist of issues to agree upon. Then the attorney can formalize the agreement into a written and signed contract.
Along with reviewing loan documents, preparing a title insurance policy and ensuring good title and proper closing, people involved in "For Sale By Owner" (FSBO) transactions usually find that they save a great amount of time and energy having an experienced real estate attorney involved early in the process.
Call Warren Casaday at 404-315-9664 for an Initial Consultation.