Real Estate Law

Real Estate Transactions

If you are looking to sell you home or vacant landd with or without a real estate agent I can help you from the Officer to Purchase to the Closing on your property.

Offer To Purchase - An Offer to Purchase is a document that sets out the terms and conditions for the sale of the property. It sets out the property address, selling price, mortgage, land contract, cash sale, inspections, warranties, contingencies such as, will purchase property if purchaser's current home sells, etc. Usually the purchaser delivers the Offer to Purchase to the seller. Before you sign the Offer to Purchase please have an attorney review the Offer to Purchase, because once you sign the Offer to Purchase it is a binding contract and an attorney cannot change it after the fact.

Seller's Disclosure Statement - A Seller's Disclosure Statement is a document where the seller list all of the current and past defects of the home. The biggest mistake a seller makes is that he or she does not list every single defect no matter how small and even old defects that seem to be fixed. If the basement walls leaked in the past but does not leak now it still needs to be disclosed.

Title Insurance - An insurance company will insure that the title to the property is free and clear of any outstanding mortgages, liens, taxes or even unknown title holders who have a right to the property. Robert D. Paulbeck will assist you in obtaining the proper title insurance.

Closing Papers - The real estate industry has created an incredible amount of documents in order to do a real estate closing. Please contact Robert D. Paulbeck to assist you with all of these documents. However, there is one closing document that needs to be mentioned and that is the Deed.

The Deed is like a title to a car in that it shows that you own a particular piece of property. It is critical that the Warranty Deed or Quit Claim Deed is correct, because if it is not, you could be purchasing a house or land down the block and not the one you intended.