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Common Issues in Agreement of Sales For the Seller
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Are you selling and want to ensure all common issues in the agreement of sales for the seller are covered? Watch this video and call our Media PA lawyers.Do you need legal help?
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I highly Recommend Gibson & Perkins. I have used their services for approximately 6 years now and been through a few cases together with very positive outcomes. Personally, I have used Paul Fellman and Walter Timby on those occasions. Both, as a team & separately these Attorneys were wonderful to work with and easily accessible to reach if I had any questions. Professionalism is the word that comes to mind to describe the firm, as a whole. Always completely prepared for any surprises that may pop up during a trial. They were well versed on all pertinent info pertaining to each case. As I client, I always felt I was an integral part of the team, not an after-thought, that had to be brought up to speed a half hour before the trial started. I could not recommend this firm and Mr. Fellman and Mr. Timby any higher.Very Satisfied
I hired Paul Fellman after speeking to several different lawyers from different law firms because he was the most sincere. Paul did an excellent job on my landlord tenant issue I had on my rental property. He was there for me from the beginning to the end of the whole ordeal. I was very satisfied and I highly recommend him and his firm.
Are you selling and want to ensure all common issues in the agreement of sales for the seller are covered? Watch this video and call our Media PA lawyers.
Question:
What problems should be addressed in the real estate agreement of sales for the seller?
Answer:
On the seller’s side of a real estate transaction, the real estate agreement should, of course, make sure that the seller gets paid. But, it should also ensure that the seller is able to complete the transaction and walk away from a closing table with as few — and if possible — no ongoing obligations to the buyer.
When advocating for the seller, we are primarily interested in two things.
1. Making sure the buyer is going to get to the closing. To help achieve this, we usually expect a deposit of some kind to prove the buyer has significant enough financial wherewithal to make the deal.
2. That we’ve limited the amount of time buyers can tie up the property. Buyers need the ability to inspect the property, get financing, and so forth. Even so, as the seller, it’s important to make sure the time period to exercise these options is not unreasonably extended.
From a seller’s point of view, you want to make sure you get paid, you want to make sure that the deal happens in a reasonable fashion and on a timely basis, and you want to walk away from the deal without any continuing obligations to the buyer.
Are you or a loved one buying or selling property and have questions about the common issues in agreement of sales for the seller? Contact our experienced Media, PA Real Estate Attorneys for a free consultation.
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“I highly Recommend Gibson & Perkins. I have used their services for approximately 6 years now and been through a few cases together with very positive outcomes.”
– Maria Twining
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