newmexicorealestateforms
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If you are worried about incurring legal costs and then your offer not going through, and since the realtor does not have an attorney that can answer your doubts in the contract that the realtor is drafting, have your realtor place a clause on the offer that says: "subject to review by attorney after acceptance" otherwise have the realtor get a legal answer to your doubts and questions regarding the clauses the realtor has placed on or are standard to the offer they are drafting and that you do not understand.
Buena Suerte |
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goz1111
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More important then the terms in the sale contract better read the condo by laws, as well as, how old is the condo
the condo by laws will tell you what you can and can not do with your condo, the cond by laws not property law will control your condo
also if the condo is old be ready for assessments for upgrades |
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Penguin
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Think about how much it will cost you to find out if you needed a lawyer after you make an agreement with questionable areas!
What? |
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novastarbanker
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You have to have an attorney to do any negotiations on an accepted offer and contract. With a condo, as I live in one myself, you can negotiate some things that have to do with sheetrock in, but everything sheetrock out is common and can not be negotiated. You can include your points upon submitting an offer, but it may just deter the sellers from considering you and they will accept another offer. Most attorneys will offer a free consult, so check out some local attorneys in your area and see what you can do. |
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Common Sense
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Sounds like you need to call the lawyer before you make
the offer... |
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djdjr01
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I can tell you straight away from experience in my job field, you dont' do anything without a lawyer in a situation such as what you are describing. It's a little pricey at first, but it'll pay off if you save yourself from heck later on.. |
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Amy V
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Hire the attorney for document review, if you have areas that you question they will be able to explain what those areas are or if they should be adjusted/removed. |
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Janis J
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If you have an attorney - you should be able to call him or her and ask them at which point a lawyer would normally get involved in the purchase of a home / condo etc. I would strongly advise you ask someone who has some legal knowledge prior to signing anything .. and before you take any online advice!
Lots of doctors, lawyers and medicine men online these days! lol ..
Good luck .. and do i get an invite to the housewarming? |
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Apples to Apples
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Free Legal Advice: Legal Hotline
www.1-888-389-6388.info - Help is just a phone call away. Free confidential consultation. |
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Laura C
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Don't sign anything until you have someone on your side review it for you. They'll be able to tell you what if anything is wrong with the contract. Hire a lawyer now if you are serious about buying this property. They usually charge you a flat fee for a home purchase situation. That should include reviewing your contract and representing you at the closing. |
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Ginny Lou the Peachy One
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Hire an attorney BEFORE you place any offers on this contract.
Good luck! |
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huff
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hire a lawyer you don't want to get screwed |
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Rubba Bubba
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Just have a lawyer look at the contract and all the papers you have to sign...he/she will tell you what those areas mean and he/she may tell you if its a good idea
GL
Rubba Bubba a.k.a Robert |
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