Difficulties with Real Estate
If you are having difficulties with real estate, you may be wondering what can be done to resolve these issues. There is a lot to consider, and it can be helpful to have an attorney to guide you. Contact our experienced Buffalo real estate lawyers today.
Difficulties with Real Estate | Transaction Issues
The buyer and the seller must be able to coordinate and communicate transactions. This may sound easy, but there are so many circumstances that can arise. Our firm knows that people have to work to accommodate one another, and every party involved must finish her or his work. Title searches, surveys, and grid requirements all have to be respected, and everybody has to be on the same page in terms of timing. Communication is essential, and it so simple to accomplish this nowadays via email. Each party can communicate where he or she is in the process of the transaction to the other parties so that everyone can coordinate.
Difficulties with Real Estate | Agreement of Sales
In Erie and Niagara Counties, properties are selling rapidly. People are getting multiple bids for properties. This has created a trend in which, once the bids are put in, an impromptu auction occurs. Our firm believes that sellers should make sure that their realtors are entertaining all the different offers and negotiating the best prices. Conversely, attorneys who represent buyers should not continue negotiating once they have agreed upon or submitted purchase prices with a third party. The goal is to have the property taken off the market as quickly as possible. A wise choice would be to include terms in the real estate agreement that dictated the removal of the property from the market on the date that the agreement were signed.
If you or a loved one is looking to purchase/sell a home or have an issue with a New York real estate transaction, contact Randy Gugino, an experienced Real Estate Lawyer in Buffalo NY will help guide you through the process.