7 Best Legal Tips for Buying a Home
Whether it's your first, or you're hoping it will be your last, buying a house can be an exciting time. It can also be a bit nerve-racking -- between finding the perfect home, having it inspected, negotiating a price, and signing all the right paperwork, buying a house isn't easy.
Which is why we're here to help. Below is some of our best legal advice for buying a home, from the FindLaw archives:
You know you're in the market, but that's about all you know. Get started here with everything else you need to consider before purchasing a house.
The good news: you might be in line for some tax breaks if this is your first house. The bad news: there's a lot more to consider as a first-time home buyer.
If you thought buying a house was just about putting a chunk of change down and signing up for a decades-long mortgage, think again. Home buyers have more options when it comes to financing.
It's not exactly like insuring your car. Title insurance protects you if it turns out the seller did not have clear ownership of the property, or if there were undetected liens, tax complications, or fraud issues.
You said, "Yes," but now you're having second thoughts. Offer and acceptance is a quirky area of contract law, so make sure you know where your stand before you throw out a number on a home.
So your new home came with some uninvited guests. Is there any way to back out of buying a house if it came with ghosts and ghouls?
The best way to ensure the home buying process runs smoothly is to get legal help right from the start. Talk to an experienced real estate attorney before you begin the search for your new home.
- Find Real Estate Lawyers Near You (FindLaw's Lawyer Directory)
- Home Buying Guide (FindLaw's Learn About the Law)
- Top 5 Tips to Buying a Home (FindLaw's Law and Daily Life)
- Top 5 Questions for Your Home Inspector (FindLaw's Law and Daily Life)
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