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LONG ISLAND REAL ESTATE ATTORNEY
As the regional real estate market faces more and more uncertainty, the problems and potential for litigation when buying or selling real estate on Long Island have risen. It has never been more important to have an experienced Long Island real estate attorney help guide you through the process.
Real estate attorneys prepare contracts and advise
clients with regard to financial and structural issues of both commercial and residential transactions,
including clearance of title exemptions, mortgage
commitment contingencies, building department and zoning regulations, variances, change of zoning and requirements for closing of title.
A typical purchase and sale of a house on Long Island begins when a seller signs a brokerage contract with a real estate agent, allowing the agent to sell the home on the owner's behalf for a period of time. When a broker finds a buyer, they often serve as an intermediary in negotiating the selling price. A binder is then usually signed subject to attorney approval and then a more formal agreement, a contract of sale, is executed. The buyer then obtains financing, the title is researched and objections are cleared, followed by a closing where funds are exchanged and the buyer is given title to their purchase.
Please contact the Law Office of Patrick Delgado, P.C. for a free consultation with a Long Island real estate attorney.
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