Real Estate Sale Agreements - Columbia Purchase Attorneys

Find the right Home Sale attorney in Columbia, TN

Home Sale Law in Tennessee

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

While no Columbia, Tennessee 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.

For that reason, it's typically best to buy and sell property through a real estate broker. This is a person who helps a person buy or sell a home. They help as an intermediary between the buyer and seller, help sellers find buyers, and help prospective buyers. They also handle a great deal of the paperwork and other formalities involved.

In Columbia, Tennessee, brokers typically receive compensation in the form of a percentage of the sale price of the home.

Getting a Mortgage in Columbia, Tennessee

First and foremost, if a buyer asks any question of the seller relating to physical defects in the property, the seller must, under all cases, be as truthful as possible. In this case being "as truthful as possible" means answering such questions to the best of your knowledge, and making reasonable efforts to find the answers if you don't know them. Lying in this case is very bad idea, and will expose you to serious civil penalties

There are some defects which should be disclosed whether asked or not. Any defect which the seller is aware of, and the buyer can't be reasonably expected to discover before buying the house, must be disclosed.

Buyers should remember, however, that if they are not blameless in their failure to discover defects, they might not be able to recover if they sue.

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

Can a Columbia, Tennessee 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 knowledgeable Columbia, Tennessee 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 Columbia

Columbia, Tennessee is home to just under 40,000 residents, and located just 45 miles south of the state's capital Nashville. Columbia was also the birthplace of the nation's 11th president, James K. Polk and boasts a variety of athletic, cultural, and other activities for its residents and visitors to enjoy on their visit to Columbia. There are also lots of historical plantation homes in the city of Columbia that draw many visitors.

Columbia, Tennessee is located in Maury County, abutting the beautiful Duck River. Columbia is famous for Mule Day-- a week long celebration every April dedicated to all things Mule which the city of Columbia attributes to having a very formative role in the colonization of the city. Every year, Mule day attracts over 1,000 spectators from all over the United States.

Not just known for mules, Columbia, Tennessee also has quality legal services to offer with great lawyers eager to serve their clients. The nearest law school to Columbia is Vanderbilt, located in Nashville. There are many other local law schools, producing quality lawyers every year. Columbia is home to many talented lawyers that specialize in a range of legal practices. Columbia lawyers are available to help with any legal problem you may encounter!

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