When you’re purchasing residential real estate it can feel like you’re lost in a cloud of legalese and fourteen inch paper. Let Evolvitas Law clear the fog of uncertainty surrounding buying a home.
~~~
We remove the uncertainty surrounding what is likely one of the largest purchases you’ll ever make.
~~~
As your Select Counsel, we will help at each stage of purchasing your residential property, all the while giving you unlimited access to your attorney at a fixed price. There are two primary stages during the buying process where you may need legal advice: presenting an offer and closing the contract.
Presenting an Offer
First, we will help you in the initial stages as you draft a contract and present an offer. We will:
- Provide you with unlimited consultation regarding the subject property and the proposed contract to purchase the property.
- Draft or review the proposed purchase contract.
- Draft any needed contract addenda.
- If desired, represent you in negotiations with the seller.
- Draft or review any inventory lists of personal property that you will be purchasing.
- Advise you regarding your contract with a real property broker, if any, as desired.
Pricing
- $500 per real property parcel for which you make a formal written offer to purchase.
Closing a Real Property Contract
After your offer has been accepted, we will assist you with the complicated task of closing on your property. We will:
- Provide you with unlimited consultation regarding the property and the contract to purchase the property.
- Draft or review the following documents, as needed: contract addenda, modifications, or extensions; easements, license agreements, or other necessary documents; contracts with home inspectors, surveyors, title companies, or other third parties; and deeds, bills of sale, and other conveyance documents, as permitted by the seller.
- Coordinate on your behalf all third parties involved with the purchase contract, including brokers, loan officers, government agencies, surveyors, inspectors, title companies, homeowners associations, tenants, closing agents, and the like.
- Keep you apprised of important dates and deadlines.
- If desired, retain on your behalf and oversee a title search firm.
- Review inspection reports, surveys, plats, homeowner or property owner association documents, other common interest community documents, relevant lease agreements, the title insurance commitment, and relevant documents affecting title.
- Review all documents necessary to consummate the real property purchase contract, including seller’s property disclosure, broker’s acknowledgement of documents, escrow agreements, 1031 exchange-related documents, HUD-1 statements, all disclosures and forms required by or prepared by the closing agent, and the like.
- Review all loan documents, including applications, notes, deeds of trust, and the like.
- Review the title insurance policy, if any, after its issuance subsequent to closing.
- If needed and schedule permitting, prepare the paperwork for and act as your attorney-in-fact to execute documents on your behalf.
Pricing
- One half of one percent (0.5%) of the real property contract price, as determined at the initial execution of the contract (subject to a minimum of $2,500).
Working with Your Broker
If you have engaged a real estate brokerage firm, we will be sure to work in close concert with your broker to make sure that every detail is taken care of. Evolvitas Law frequently works as part of a larger team of professionals to provide outstanding service to our clients.
Ensuring Success
By acting as your Select Counsel, Evolvitas Law is able to remove the guesswork from buying a home. You can be confident that Evolvitas Law has got you covered. If you’re in the market for residential property, contact Evolvitas Law today.
