Real Estate Sale Agreements - Gresham Purchase Attorneys

Find the right Home Sale attorney in Gresham, OR

Home Sale Law in Oregon

When you are about to buy or sell a home, there are numerous things that must be considered, not the least of which being the many legal and financial decisions you have to make.

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

Therefore, it's usually 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 Gresham, Oregon, most real estate brokers are paid a commission, represented by a portion of the sale price of the home. Some might charge a flat fee, however.

Getting a Mortgage in Gresham, Oregon

If the buyer asks the seller a question about the physical condition of the home, the seller is legally bound 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 significantt liability.

There are some defects, however, that the seller should disclose whether asked or not. Generally, 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.

Of course, buyers are also expected to conduct due diligence. In a lawsuit for nondisclosure, courts won't reward a lack of diligence.

Buyers have to conduct reasonably-diligent inspections of land they want to purchase. If they fail to do so, they can't sue for any defects which they could have easily discovered.

Can a Gresham, Oregon Real Estate Attorney help?

If you are buying a home in Gresham, Oregon, there are probably things you want to focus on other than paperwork and required inspections, such as the process of moving in, checking out schools, etc. A good real estate attorney can make it much easier to focus on the aspects of home ownership that matter to you.

Talk to a Real Estate Law Attorney now!

Life in Gresham

Gresham is located in Multnomah County, Oregon. It is near Portland and was named after the Civil War General, Walter Quinton Gresham. The city is the fourth largest in Oregon.

Two very popular attractions are the Center for the Arts Plaza and the Gresham Art Walk. Alongside attractions, the city is also home to many established legal practices run by competent attorneys. These attorneys practice in various areas of law and are easily able to handle the legal needs of residents and local businesses.

Famous residents include Randy Alcorn, Shannon Bex, Brian Burres, Randy Couture, Mike Ekstrom, Nikki Fuller, Katie Harman, Fred Jones, Ronald A. Marks, Angela Via, and William P. Young.

Although some may consider this city overshadowed by nearby, popular Portland, Gresham is definitely worth making a visit to!

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