Real estate transactions are huge investments both for businesses and for individuals. Many of the biggest companies in the world, including McDonalds, are wealthy not just because of the services or products that they provide but also because of the value of their real estate portfolios. However, while real estate can be a good investment, this is not always the case and transactions can go badly if the deal is not carefully negotiated or if you do not protect your interests.
A real estate lawyer can help to negotiate a purchase/sales agreement, ensuring that all appropriate contingencies are included to protect you. Your lawyer can help to secure financing and understand the terms of financing, and can assist with all other aspects of contract negotiation and transferring real estate. Attorneys at Sepahi Law Group APC have decades of collective experience representing both individuals and businesses in San Diego, La Jolla, Del Mar and throughout California in real estate transactions and we are ready to put our legal knowledge and experience to work for you.
Why Consult a San Diego Real Estate Lawyer
Consulting a San Diego real estate lawyer is important at every aspect of a real estate transaction including:
- Drafting a contract for the purchase or sale of real estate that protects your interests. Sellers, for example, generally must provide disclosure information and may be required to include certain addendums in contracts including a lead paint disclosure. For buyers, contingencies can give the buyer an out in case problems develop when conducting due diligence. For example, buyers may want to make the purchase of the property contingent on both inspection and appraisal. An attorney can help the parties to come to an agreement on the contract terms, while protecting client’s rights by ensuring the appropriate contingencies are included and disclosures made.
- Securing financing. An attorney can review documents and information from lenders, and can help you to understand the legal obligations imposed by financing agreements.
- Due diligence. Your lawyer can help you to determine if the zoning of the property is appropriate for your desired use and can assist with securing title insurance to ensure you take title to the property free and clear.
- Real estate closings. Your lawyer will explain all steps of the closing, can review all documents before you sign, and can ensure that the transaction is completed as smoothly as possible under the circumstances.
These are just some of the ways in which a San Diego real estate lawyer can prove invaluable during the purchase or sell of residential or commercial real estate. When making such a large investment, especially one that is not liquid and that would be difficult to re-sell quickly, it is essential that you have proper legal advice. Contact Sepahi Law Group, APC as soon as possible for guidance and information on your real estate transaction.