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Archive for the ‘Buying a Property’ Category

Getting a Real Estate Lawyer: Your Guide to a Successful San Diego Real Estate Sale or Purchase

Friday, May 14th, 2010

Any buyer or seller of San Diego real estate should look into what a real estate attorney can do to protect you when you decide to buy or sell your home or other property. 

Unlike your real estate agent—whose goal is to complete the sale and earn a commission—your real estate lawyer doesn’t work on a commission.  What’s more, sometimes a real estate agent represents both the seller and buyer.  In these situations, there’s bound to be conflict in representing both sides.  After all, sellers want to get the highest price possible, the buyer the lowest, and the real estate agent’s commission is usually greater if the sale price is higher.  (more…)

Posted in Business Real Estate, Buying a Home, Buying a Property, Deed Problems, Real Estate, Selling a Property, Views, Zoning

The Deed: For Those Buying or Selling San Diego Real Estate, How Much Can One Document Help or Hurt You in the Future?

Friday, March 12th, 2010

For those of you who will be taking advantage of the government’s tax credit for first-time homebuyers, Southern California real estate agent and realtor Carol and Jim Chamberlain recently blogged about “How to Claim Your Home Buyers Tax Credit.”

As prices go up in San Diego, more homeowners will likely put their real estate on the market.  San Diego’s North County Times reports that median home prices in our county climbed 8.9 percent in January.  If you’re a potential real estate seller or buyer, your focus is probably on the sale/purchase price and financing.  These are no doubt essential terms to the property’s sale and purchase.  For the long run, also think about what type of deed will be given.   If you don’t, you may regret it later.  (more…)

Posted in Buying a Property, Deed Problems, Real Estate, Selling a Property

Mere Homebuyer’s Remorse or Did the Seller Fail to Disclose Defects? California Homebuyer Protections & Problems After Closing

Wednesday, December 9th, 2009

“Let the buyer beware” – before California and other states set up certain homebuyer protections, these words haunted many purchasers who discovered major defects with their home after moving in, and were left without recourse against the seller.  Under the harsh legal principle of buyer beware, a seller has no legal obligation to disclose defects to the buyer.  That’s not to say that sellers are protected when they actively cover up hidden defects or make false representations, but if, for example, the seller simply failed to mention that the home is prone to flooding or landslides, then the burden is on the buyer to discover defects.  While this is still the law in some jurisdictions, California and many others have abandoned this principle and now impose legal obligations on the seller in order to protect homebuyers.  (more…)

Posted in Business Real Estate, Buying a Home, Buying a Property, Home Ownership, Real Estate, Selling a Property


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