When it comes to real estate, we have all heard that “location, location, location” is key. But, when it comes to buying or selling real estate, timing can be everything. Sellers who do not time the market right may end up getting much less for their property than...
REAL ESTATE LAW – Real Estate Transactions
What should I include in an FSBO agreement?
If you decide to sell a property without a real estate agent, it may save you time and money. However, there are several items that should be included in your agreement with the buyer. Transaction agreement The document, called a For Sale By Owner (FSBO) agreement,...
The importance of property valuation
Part of any real estate transaction in the Bay Area involves valuing the property to be bought and sold. The purpose of property valuation is to give the seller an idea of what price they should sell the property for. A valuation is also necessary for a mortgage...
The role of “escrow” in real estate transactions
California residents who get involved in real estate transactions oftentimes find that they need to familiarize themselves with certain legal terms in a hurry. “Escrow” is one such term. An escrow arrangement is common in both residential and commercial real estate...