Real Estate Sale Agreements - Columbus Purchase Attorneys

Find the right Home Sale attorney in Columbus, IN

Home Sale Law in Indiana

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.

While there are no laws in Columbus, Indiana against persons buying or selling real estate on their own, this is rarely the ideal way to go, given the many legal issues surrounding the sale of property.

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 Columbus, Indiana, 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 Columbus, Indiana

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

Additionally, most defects should be disclosed even if the buyer doesn't directly ask about them. Typically, 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.

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

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

Can a Columbus, Indiana Real Estate Attorney help?

When buying a house, most individuals 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 Columbus, Indiana real estate attorney could be invaluable.

Talk to a Real Estate Law Attorney now!

Life in Columbus

Columbus is located in Indiana's Bartholomew County. Specifically it is 40 miles from Indianapolis and on the east fork on the White River. Columbus is the twentieth largest city in Indiana. It is also ranked eleven on the U.S.'s safest cities to live in.

The largest employer in Columbus is Cummins, Inc. In fact, GQ Magazine included Columbus in its "62 Reasons to Love Your Country" article.

Some popular attractions include the Miller House, Otter Creek Golf Course, First Baptist Church, and the Large Arch sculpture by Henry Moore.

Famous residents include Stevie Brown, Lee H. Hamilton, Jeff Osterhage, Jill Tasker, Herbert Wright, and Bob Paris.

Columbus is also home to many attorneys and law firms that practice in any and every field of law.

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