When Selling Real Estate, a Good Attorney Can Help Ensure the Entire Transaction Goes Smoothly
Selling real estate in Connecticut can lead to complex concerns that require skillful handling. For instance:
- Closings can be stressful and emotional, even when all the pieces come together. What can you do to streamline the process and stay calm and composed?
- What if you’re selling an investment property and discover during due diligence that there is a problem with the roof or plumbing system?
- How can you negotiate from a place of strength and keep the discussion fair and focused?
- What financing arrangement makes the most sense, given your financial position, the buyer’s needs and the bank’s possible solutions?
Whether the property you’re looking to market is a beautiful old home built in the 1800s, a condominium unit, or a commercial shopping complex, you need to approach the situation with a mind towards reducing unknowns.
An experienced Connecticut real estate attorney can monitor the sales process, protect your rights, ensure due diligence, negotiate from a position of strength, and clarify elements of the transaction.
Your attorney can also help by:
- Preparing deeds, tax documentation and other necessary legal documentation in accordance with Connecticut and Federal laws,
- Anticipating common issues that arise in the sale of property and taking proactive steps to negate, avoid, or resolve them,
- Addressing issues that do arise during the sale and resolving any disagreements or disputes related to those issues,
- Examining the sales agreement to ensure it is fair, favorable, and helps you meet your goals,
- Explaining the details in clear, plain language, so that you can proceed with the confidence that comes from knowing that you understand exactly what you’re agreeing to do,
- Ensuring the paperwork is in order and that your legal rights are protected as you sign,
- Calculating the tax and utility adjustments,
- Arranging transfer of security deposits and leases in an investment and/or rental property,
- Identify and help you resolve title issues, such as liens against your property, judgment liens, mechanic’s liens and prior unreleased mortgages.
Bear in mind that the documentation required to sell real estate in Connecticut can be surprisingly complex. For instance: there are very specific tax documents and deeds that need to created as well as title issues that must be addressed. Our experienced Connecticut real estate attorneys understand the relevant federal, state, and local rules, and we can give you the insight and peace of mind you need to pursue your goals. Contact us today for a private consultation.
