Real Estate Sale Agreements - High Point Purchase Attorneys

Find the right Home Sale attorney in High Point, NC

Home Sale Law in North Carolina

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 possibly life-changing financial and legal decisions.

While there are no laws in High Point, North Carolina 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.

One good way to help a real estate sale or purchase go smoothly is to retain 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 High Point, North Carolina, brokers normally receive compensation in the form of a percentage of the sale price of the home.

Getting a Mortgage in High Point, North Carolina

If the buyer asks the seller a question about the physical condition of the home, the seller is legally required to answer it honestly. If the seller lies when asked a direct question, they have committed a serious form of fraud, and, if sued by the buyer, will incur considerablet liability.

Most considerable defects (those which have any effect on the value or safety of the home) should be disclosed even if the buyer doesn't ask about them. If the seller knows of a defect, and a reasonable buyer wouldn't be able to know it through a normal inspection, the seller must disclose it.

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

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

Can a High Point, North Carolina Real Estate Attorney help?

As you can imagine, there are many more legal and financial issues that can affect the outcome of a real estate transaction. However, buying a house is also a very exciting time for most people. A seasoned High Point, North Carolina real estate attorney can help you focus on the positive aspects, and avoid dealing with the most difficult and tedious (but nonetheless necessary) aspects.

Talk to a Real Estate Law Attorney now!

Life in High Point

The City of High Point extends into Guilford, Davidson, Randolph, and Forsyth Counties and plays host to 102,000 North Carolina residents making it the eighth largest municipality in the state. You probably know High Point as the "Furniture and Hosiery Capital of the World" due to it's many manufacturing plants that churn out textiles, busses and of course furniture. The population nearly doubles each time the High Point Market opens with over 100,000 vendors and buyers from around the world flocking to the largest furnishings trade show in the world covering 11.5 million square feet.

High Point also plays host to a number of other interesting sites that attract visitors and citizens alike. The Angela Peterson Doll and Miniature Museum is one of the south's largest doll and miniature museums. The Bernice Bienenstock Furniture Library retains the world's largest collection of books on the furniture and interior design, a Mecca for industry professionals. There are a number of lawyers in the town too. High Point lawyers are well versed in a variety of cases both local and statewide. The city is not all business, it also has a number of outstanding parks and recreational areas like High Point City Lake Park which is a recreation and amusement park offering boating, picnic areas, fishing, miniature gold, a water park, and the largest outdoor swimming pool in North Carolina.   

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