Real Estate Sale Agreements - Lansing Purchase Attorneys

Find the right Home Sale attorney in Lansing, MI

Home Sale Law in Michigan

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

Because of the complexity of these issues, most people in Lansing, Michigan don't opt to sell real estate themselves, even though there are no laws barring them from doing so.

One good way to help a real estate sale or purchase go smoothly is to hire 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.

In Lansing, Michigan, brokers usually receive compensation in the form of a percentage of the sale price of the home.

Getting a Mortgage in Lansing, Michigan

First if all, if the buyer asks any question about the condition of the real estate, the seller is absolutely required to answer it truthfully. If the seller provides any false information about the condition of the property, and the buyer buys it and later finds out, they can sue the seller for any harm caused, and the diminution in the house's value.

Furthermore, most defects should be disclosed even if the buyer doesn't directly ask about them. Generally, 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 obligations in this area, too. Buyers are expected to be diligent. Failure to do so might prevent the buyer from recovering in a lawsuit.

Generally, buyers have a duty to conduct a reasonable inspection of the property before buying it. Therefore, buyers usually can't recover for defects that could have been discovered via reasonable inspection, unless the seller actively conceals them.

Can a Lansing, Michigan Real Estate Attorney help?

If you're in the process of purchasing a Lansing, Michigan home, the advice of an experienced 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 Lansing

Lansing, Michigan is the capital of the state of Michigan. It currently has a population of approximately 115,000 people, making it the 5th largest city in Michigan. It is located in Ingham and Eaton Counties.

Lansing, Michigan is home to the largest law school in the U.S. - Thomas M. Cooley School of Law. Many Lansing, Michigan attorneys went to this university, and returned to Lansing to practice. It is also home to the Michigan State University School of Law, which is ranked among the top 100 law schools in America, meaning that there are many prestigious lawyers practicing in Lansing, Michigan.

These universities are also among the largest employers in Lansing, Michigan, employing people in a wide range of professions, such as teaches and administrators, as well as custodial personnel.

If you live in Lansing, Michigan and need an attorney, there's an excellent chance that you'll be able to find the Lansing, Michigan lawyer who can help you with your legal issue.

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