Real Estate Sale Agreements - Akron Purchase Attorneys

Find the right Home Sale attorney in Akron, OH

Home Sale Law in Ohio

Buying or selling a house can be an exciting but stressful time in a person's life. It also requires a person to make a large number of potentially life-changing financial and legal decisions.

In Akron, Ohio, it's perfectly legal for individuals to buy and sell homes without the assistance of a third party. However, this isn't the only option, and isn't always the best option, either.

For that reason, it's typically best to buy and sell property through a real estate broker. This is a person who helps a person buy or sell a home. They help as an intermediary between the buyer and seller, help sellers find buyers, and help prospective buyers. They also handle a great deal of the paperwork and other formalities involved.

Some Akron, Ohio real estate brokers charge a flat fee, but most take a relatively small percentage of the sale price of a house they help a client sell.

Getting a Mortgage in Akron, Ohio

If the buyer asks a direct question concerning the physical condition of the property, the seller must answer it truthfully. Misrepresenting a material fact in a real estate transaction is a very serious form of fraud, and could give rise to significant damages against the seller.

There are some defects, however, that the seller should disclose whether asked or not. Usually, if the seller knows about any defects that are not readily apparent, he or she should disclose them to the buyer, whether or not the buyer specifically asks. This will greatly reduce the chances of the seller being held liable for any defects.

Buyers, however, also have duties in this area. A buyer will not be rewarded for failing to exercise due diligence.

In general, buyers of real estate have to conduct diligent inspections of property they wish to purchase. A failure to do so might prevent the buyer from recovering if they're injured by a defect which they could have discovered.

Can a Akron, Ohio Real Estate Attorney help?

If you're in the process of purchasing an Akron, Ohio home, the advice of an efficient 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 Akron

Akron is the fifth largest city in Ohio. It is located in Summit County, near the Great Lakes area. In fact, Akron is about 40 miles from Lake Erie.

Some popular sites include the Cuyahoga Falls, the All-American Bridge, the Goodyear Polymer Center, and the All-American Soapbox Derby.

Interestingly, in 2001, Akron was named fifth on the list of "high tech havens" by Newsweek. It has also been awarded as one of the "World's Most Livable Cities," by the National Civic League.

Top employers include Goodyear, The Kelly-Springfield Tire Company, GOJO, A. Schulman, FirstMerit Bank, and Bridgestone. Of course, to support these businesses, and local residents, Akron has a very competent legal force. Many attorneys practice law and devote themselves to providing excellent legal services.

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