If you are in the process of buying or selling a residential property, you want to make sure the documents are prepared correctly. Missing deadlines and steps in the process can be very costly, and for most individuals, a home or investment property is one of their most valuable assets. Urban Law can help you feel confident your Contract to Buy and Sell Real Estate and associated disclaimers are competently drafted and can help you navigate an otherwise confusing process. Whether you simply need a quick review of a contract or you need guidance throughout the process, we welcome the opportunity to assist you in your purchase or sale. We also draft property agreements for individuals purchasing property with a family member, friend or fellow investor. Having a written understanding of the parties in advance can make the division process much easier in the case of death, incapacity, sale or buyout. We also handle smaller real estate projects like drafting and recording quitclaim deeds, warrantee deeds, and beneficiary deeds.
Frequently Asked Question
Can I buy or sell real estate without a realtor?
Yes, you can. If you are the seller, this type of transaction is called For Sale by Owner (FSBO), but you should make sure it is the right decision for your specific situation. Realtor fees can be very high – generally 3.2% on the seller side and 2.8% on the buyer side. Working with an experienced attorney can reduce these fees significantly, particularly if you have already located the potential buyer or seller. Even though the seller usually pays the buyer’s realtor fees, using an attorney can be an effective way to negotiate 2.8% off the purchase price on the buyer side.
Please set up a free consultation by phone or in person to learn more. In addition to our Denver, Colorado office, we also have office locations in the Denver Tech Center, Lakewood, Westminster and Boulder that are available upon request.