Real Estate
Step Into Real Estate Transactions, Issues, Disputes, and More With An Expert Team
Navigating the complexities of real estate transactions and disputes can be daunting, but you don't have to face it alone. Our experienced legal team is here to guide you through every step of the process, providing you with the expertise and support you need to achieve your real estate goals.
let us handle your real estate issue
Property Transactions: Assistance with buying, selling, and leasing residential and commercial properties.
Title and Deed Issues: Resolve title disputes and ensure clear property ownership.
Zoning and Land Use: Navigate zoning laws and land use regulations for property development.
Landlord-Tenant Disputes: Protect your rights and resolve conflicts between landlords and tenants.
Real Estate Litigation: Represent you in court for property disputes and litigation.
Foreclosure Defense: Protect your property from foreclosure and explore alternatives.
Construction Law: Handle legal matters related to construction contracts, defects, and disputes.
Real Estate Financing: Assist with mortgages, refinancing, and other real estate financing options.
Have a real estate issue or want more information?
Involved in a real estate transaction?
Real estate transactions can be complex, involving various legal and financial steps. Whether you are buying, selling, leasing, or investing in property, it is crucial to understand the process and have expert guidance. Here’s an overview of what you can expect during a typical real estate transaction:
What Happens When You Engage in a Real Estate Transaction?
Initial Consultation: The process begins with an initial consultation where we discuss your goals, whether buying, selling, leasing, or investing. We review your needs and explain the steps involved.
Property Search and Evaluation: For buyers and investors, this step involves searching for properties that meet your criteria and evaluating them. For sellers, this involves preparing your property for sale and setting a competitive price.
Offer and Negotiation: Once a suitable property is found or a buyer is interested, an offer is made. We assist in drafting offers, counteroffers, and handling negotiations to ensure your interests are protected.
Contract Preparation: After an offer is accepted, a purchase agreement or lease contract is prepared. Our attorneys ensure that the contract terms are clear, fair, and legally sound.
Due Diligence: This involves conducting inspections, title searches, and reviewing property disclosures. We ensure that all necessary checks are done to prevent any future legal issues.
Financing and Closing: If financing is required, we help you navigate the mortgage process. We also prepare for the closing, where final documents are signed, and ownership is transferred. Our team ensures a smooth closing process, addressing any last-minute issues that may arise.
Post-Transaction Support: After the transaction is complete, we continue to provide support for any post-closing issues or questions, ensuring that you are fully satisfied with the outcome.
Why Choose Our Law Firm for Real Estate Services?
Expertise and Experience:
Our attorneys have extensive knowledge and experience in all areas of real estate law, ensuring that your transaction is handled with the utmost care and professionalism.
Personalized Attention:
We understand that each real estate transaction is unique. We provide personalized attention to understand your specific needs and tailor our approach accordingly.
Comprehensive Support:
From initial consultation to post-transaction support, we offer comprehensive assistance throughout the entire real estate process.
Clear Communication:
We keep you informed at every step, explaining complex legal terms in plain language and ensuring you understand your options.
Protecting Your Interests:
We advocate for your rights and interests, representing you in all negotiations and ensuring that your transaction is legally sound.
Stress Reduction:
Navigating a real estate transaction can be stressful. By entrusting your case to us, you can focus on your personal and professional life while we handle the legal complexities.
Strategic Advocacy:
Our attorneys are skilled negotiators who will develop a strategic plan to achieve the best possible outcome for your real estate transaction.
Commitment to Success:
Our commitment to client satisfaction drives us to go above and beyond in every case, ensuring that you receive the best possible service and outcome.
Frequently Asked Questions:
Q: What types of real estate transactions do you handle?
A: We handle a wide range of real estate transactions, including residential and commercial purchases, sales, leases, refinances, and investment properties.
Q: Do I need a lawyer for a real estate transaction?
A: While not always legally required, having an experienced real estate attorney can ensure that your transaction is handled correctly, protect your interests, and help avoid potential legal issues.
Q: What is a title search, and why is it important?
A: A title search is a detailed examination of property records to ensure that the seller has a valid title to the property and that there are no liens, disputes, or other issues that could affect ownership. It is crucial to ensure a clear title before purchasing property.
Q: How long does the real estate transaction process take?
A: The timeline can vary depending on the complexity of the transaction, but typical residential transactions take about 30-60 days from offer acceptance to closing.
Q: What are closing costs, and who pays them?
A: Closing costs are fees associated with completing a real estate transaction, including attorney fees, title insurance, appraisal fees, and more. These costs are typically shared between the buyer and seller as outlined in the purchase agreement.
Q: What is earnest money, and is it refundable?
A: Earnest money is a deposit made by the buyer to show their serious intent to purchase the property. It is typically held in escrow and applied to the purchase price at closing. If the deal falls through due to contingencies not being met, the earnest money is usually refundable.
Q: Can I back out of a real estate deal after signing the contract?
A: It depends on the terms of the contract and the specific contingencies included. Our attorneys can help you understand your rights and any potential consequences of backing out of a deal.
Q: What is the difference between a warranty deed and a quitclaim deed?
A: A warranty deed guarantees that the seller holds clear title to the property and has the right to sell it. A quitclaim deed transfers the seller's interest in the property without guarantees about the title.
Q: How does a lease-to-own agreement work?
A: A lease-to-own agreement allows a tenant to lease a property with the option to purchase it at the end of the lease term. Part of the lease payments may be applied to the purchase price. We can help draft and review these agreements to protect your interests.
Q: What is a real estate closing, and what happens during it?
A: The closing is the final step in a real estate transaction where all documents are signed, funds are transferred, and ownership of the property is officially transferred from the seller to the buyer. We ensure a smooth and efficient closing process.
Have more questions? Contact us today!
Balisok & Kaufman PLLC
We have extensive experience in real estate law and a proven record of successful outcomes.
Expertise
Proactive approach
We anticipate challenges and address them head-on, ensuring a smoother process for you.
We take the time to understand your specific needs and develop a strategy that works for you.
Personalized Service
We keep you informed and empowered with the knowledge you need to make the best decisions.
clear communication
Take the first step towards achieving your real estate goals. Contact us today for a free consultation and let us help you navigate the complexities of real estate law with confidence.
(718) 928-9607