Real Estate Sale Agreements - Ann Arbor Purchase Attorneys

Find the right Home Sale attorney in Ann Arbor, MI

Home Sale Law in Michigan

The decision to buy or sell a house, or other piece of real property, is very critical. For most, it's one of the most crucial financial decisions of their life.

Because of the complexity of these issues, most people in Ann Arbor, Michigan don't opt to sell real estate themselves, even though there are no laws barring them from doing so.

Therefore, many people decide to go through a real estate broker when they're buying or selling a house. A real estate broker is a professional who serves as an intermediary between buyers and sellers. They can make the procedure much easier, helping deal with the tedious details and formalities.

In Ann Arbor, Michigan, brokers usually receive compensation in the form of a percentage of the sale price of the home.

Getting a Mortgage in Ann Arbor, Michigan

First and foremost, if a buyer asks any question of the seller relating to physical defects in the property, the seller must, under all circumstances, be as truthful as possible. In this case being "as truthful as possible" means answering such questions to the best of your knowledge, and making reasonable efforts to find the answers if you don't know them. Lying in this case is very bad idea, and will expose you to serious civil penalties

Furthermore, most defects should be disclosed even if the buyer doesn't directly ask about them. Generally, defects which must be disclosed are those which are known to the seller, and which the buyer cannot be expected to find through a regular inspection.

Buyers should remember, nonetheless, that if they are not blameless in their failure to discover defects, they might not be able to recover if they sue.

Buyers have to conduct reasonably-diligent inspections of land they want to buy. If they refuse to do so, they can't sue for any defects which they could have easily discovered.

Can a Ann Arbor, Michigan Real Estate Attorney help?

If you're in the process of purchasing an Ann Arbor, Michigan home, the advice of an experienced real estate attorney can make the process much easier, and help ensure that no surprises come up. This will give you the peace of mind to actually enjoy your new home, rather than worry about it.

Talk to a Real Estate Law Attorney now!

Life in Ann Arbor

Ann Arbor, Michigan is a city in Washtenaw County, of which it is also the county seat. Its current population is approximately 114,000 people, making it the sixth largest city in Michigan.

Ann Arbor was founded in 1824, and is perhaps best known for being the site of the University of Michigan. The University of Michigan is one of the most prestigious educational institutions in the United States, and is generally considered one of the "public ivies" - public universities which are considered to be on par with the universities in the Ivy League. The University of Michigan is particularly well known for its law school, which is one of the top 14 law schools in the country. This school has produced thousands of extremely accomplished Ann Arbor, Michigan lawyers.

And thanks to the presence of a large university, Ann Arbor, Michigan has largely been spared the economic woes that have affected the rest of the state. The university employs a large number of people, and provides local businesses with a large customer base.

If you live in Ann Arbor, Michigan, and are in need of legal services, there's a very good chance that there's an Ann Arbor, Michigan attorney who can help you.

Clients Rate LegalMatch Attorneys
(click to read reviews)

Nicholas M.
Nicholas M.

Real Estate, Housing & Property Law

Golden, CO

Carl M.
Carl M.

Real Estate, Housing & Property Law

Seattle, WA

David A.
David A.

Real Estate, Housing & Property Law

Walnut Creek, CA