Real Estate Sale Agreements - Malibu Purchase Attorneys

Find the right Home Sale attorney in Malibu, CA

Home Sale Law in California

Buying or selling a home is one of the most crucial decisions that most people make in their lifetime. It also involves some very complex legal and financial issues.

While no Malibu, California law prohibits people from buying or selling land on their own, this is not always the best idea. There are many complex issues that can affect the outcome of a property sale or purchase.

Therefore, it's normally a good idea to use a real estate broker for these transactions. A real estate broker is a professional who helps people buy and sell property. They can help buyers find sellers, and vice versa. They can also handle a large percentage of the tedious details.

In Malibu, California, real estate brokers are usually compensated with a percentage of the home's sale price.

Getting a Mortgage in Malibu, California

Any direct questions asked of the seller by the buyer must be answered truthfully. This is especially 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 serious 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 discover through a reasonable inspection, it has to be disclosed.

As a buyer, you should be aware that you have some obligations in this area, too. Buyers are expected to be diligent. Failure to do so might prevent the buyer from recovering in a lawsuit.

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 Malibu, California Real Estate Attorney help?

When buying a house, most people want to focus on the aspects that really matter to them, such as moving in. For that reason, it's highly desirable that the process of buying and selling a house goes as smoothly as possible. To that end, a good Malibu, California real estate attorney could be invaluable.

Talk to a Real Estate Law Attorney now!

Life in Malibu

Malibu, California is a beachfront city in Los Angeles County, California. its population is approximately 12,700 people.

Malibu is one of the most affluent cities in Los Angeles County, with a median household income of over ,000 per year.

Malibu is best known for its beaches. The presence of these beaches, and their quality, caused the value of beachfront property in Malibu, California to soar, with people from all over the country scrambling to take up residence there. Over the past several decades, this created a boom for real estate brokers, and Malibu, California real estate attorneys.

Malibu, California is home to several popular art festivals and art museums, including a branch of the Getty museum.

If you live in Malibu, California and need a lawyer, you're in luck. There are many very successful and sophisticated lawyers in Malibu, California who can help.

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