The earlier in the process you speak to a lawyer, the more informed you will be in knowing what the essential terms will be required in a sales contract. If a real estate agent is not involved then you will need to consult a lawyer either to prepare a sales agreement for you or alternatively review a written offer you may receive. In the preliminary stages of the transaction, you should contact a lawyer to obtain a list of important items that will have to be addressed throughout the sales process. For us, if ultimately we are representing a buyer or a seller, then generally it costs nothing more to make the preliminary call and obtain some up front advice before you list. Once the terms of sale have been verbally agreed upon, it will then be critical that they be reduced into a formal agreement which will clearly set out the terms of sale.
If you have questions about real estate purchases or sales, give us a call anytime 902-539-2425.