Real Estate Sale Agreements - Dearborn Heights Purchase Attorneys

Find the right Home Sale attorney in Dearborn Heights, 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 individuals in Dearborn Heights, 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 Dearborn Heights, Michigan, most real estate brokers are paid a commission, represented by a part of the sale price of the home. Some might charge a flat fee, however.

Getting a Mortgage in Dearborn Heights, Michigan

Any direct questions asked of the seller by the buyer must be answered truthfully. This is particularly the case if the buyer asks about defects in the property. If the seller lies in response to such questions, they have just committed a very significant form of fraud. If the buyer later discovers this defect (after buying the property) he can sue the seller for any physical or financial harm caused by it.

In addition to disclosing any material facts the buyer directly inquires about, most "latent defects" in a house or other piece of property should be disclosed whether the buyer asks or not. Typically, any defect that the seller knows about and that the buyer can't be expected to know through a reasonable inspection, it has to be disclosed.

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.

Thus, buyers must inspect the property before they buy it. If they don't, they can't sue for any defects they later become aware of, if an inspection would have revealed those defects.

Can a Dearborn Heights, Michigan Real Estate Attorney help?

Buying a house can be an exciting, but challenging, experience. Most home buyers want to focus on the positive aspects that come with home-ownership, and ignore the tedious paperwork and legal issues. A seasoned Dearborn Heights, Michigan real estate attorney can enable this.

Talk to a Real Estate Law Attorney now!

Life in Dearborn Heights

Dearborn Heights is in Wayne County, which is in the Detroit metropolitan area. The city has a population of about 57,774 people.

Some history behind Dearborn Heights is that it formed from the two sections of the Dearborn Township and a small part of the village of Inkster. It was incorporated on March 4, 1960. Surrounding areas include the Ecorse River and the Rouge River.

The city is home to attorneys who practice law in many areas of practice. These attorneys work in small law offices and law firms. They focus on providing personalized legal services to residents and local businesses.

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