Real Estate Sale Agreements - Salem Purchase Attorneys

Find the right Home Sale attorney in Salem, MA

Home Sale Law in Massachusetts

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

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

One good way to help a real estate sale or purchase go smoothly is to contact a real estate broker. These professionals can help you find the right house within your budget, or help you find suitable buyers for a house you're selling.

Some Salem, Massachusetts 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 Salem, Massachusetts

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.

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.

Accordingly, if a buyer fails to conduct a reasonable expectation of the property, he or she cannot recover for any harm caused by defects that such an inspection would have revealed.

Can a Salem, Massachusetts Real Estate Attorney help?

When buying a house, most people want to focus on the aspects that directly 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 Salem, Massachusetts real estate attorney could be invaluable.

Talk to a Real Estate Law Attorney now!

Life in Salem

Salem is in Essex County of Massachusetts. It is home to Salem State University. In history the city is known because of the Salem Witch Trials of 1692. Today, people visit Salem and check out sites such as the Nathaniel Bowditch House, Salem Common, The Witch House, Derby Square, Pickering House, Salem Willows Park, Ropes Mansion, and Salem Athenaeum.

Tourism is a significant contributor to Salem's economy. There are small law offices where attorneys have established their practice in many areas of law. Therefore, residents can rest assure that their legal needs can be taken care of.

Famous residents of Salem include Rick Brunson, Jeff Juden, Rob Oppenheim, Nathaniel Bowditch, John Endcott, John Hathorne, Bob Vila, Jack Welch, and Steve Thomas.

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