FAQs For First-Time Homebuyers
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If you are buying a house for the first time, you may be apprehensive about the process. After all, there’s a lot of money involved, taking on a mortgage — and you don’t want anything to go wrong.
At Karcher Law Firm, our New Jersey attorneys can guide you confidently through all aspects of the process. We’ve been practicing real estate law for many years and know how to protect your interests.
Call 732-852-7018 to discuss your specific situation. From our office in Red Bank, we represent clients throughout Monmouth County and the surrounding area.
What is it important for an attorney to review your purchase agreement?
Realtors often use pre-printed forms with terms that don’t make sense to most people. To be clear on your rights and duties, it makes sense to have your contract checked over by a real estate attorney.
What are some of the issues that can come up before closing on a house?
Title insurance is critical to sales of real estate. This means making sure you have protection against any flaws in the title of the property involved in your transaction.
Home inspections and disclosures about property conditions also need to be handled carefully. A knowledgeable lawyer can advise you on what can or must be inspected or disclosed during the sales process.
What role should an escrow account play in paying taxes?
Property taxes, special assessments and other tax obligations can be a significant burden for homeowners. It is worth discussing with your lender about how an escrow account could be used to make these payments.
Depending on how you structure your transaction, an escrow account could also be used to pay for homeowners’ insurance.
Free Consultations Available
Call our office for a no-cost consultation about real estate issues or reach out to us through the brief online form. We are ready to help you make sure your transaction is handled right.