The real estate business can get fairly complicated no matter the size of the transaction. It often pays to have an experienced attorney review any contracts or other documents before signing, as they understand real estate law in Sonoma County. Here are just a few instances where this may be true:
When you buy a home – The amount of paperwork involved may be a little daunting, especially for first-time home buyers. Still, even experienced investors can benefit from an attorney’s review of the buy/sell contract, the inspection report, and any risk analysis that has been conducted. In short, a few dollars spent on an experienced real estate attorney early in the process can save many more at the end of the deal.
With new construction – Buying a new home sight unseen – that is, before it is built – is a somewhat risky proposition, no matter if you are dealing with a large national company or a local builder. Most of these contracts are “boiler-plate,” but it truly pays dividends to have an attorney review the terms and conditions of the contract. Otherwise, you may not get what you anticipated, or you may not have it completed in a timely manner.
In commercial transactions – The attorneys at Johnston | Thomas can help structure your commercial real estate deal in any form you want – limited partnership, joint venture, tenants in common or C-corp. For simpler deals, we can help with the negotiations or with finding and securing funding for the project. For more complicated ones, we can even perform a risk analysis before you sign off on the deal.
For more detailed information on how we can help you regarding real estate law in Sonoma County, please contact us at Johnston | Thomas, Attorneys at Law. We can be found online at Johnston | Thomas.com or contacted directly by calling 707.545.6542.