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Make sure you aren't buying trouble when you purchase a home

The decision to purchase a home is an exciting step for any Texas resident, but any prospective homeowner would be wise to make sure that he or she is not also buying a bunch of hidden problems as well. Home purchases are major financial and legal decisions, and there are certain pitfalls that any person would be wise to try to avoid.

If you are looking for a home, have already made an offer on a home or are already under contract on a home, you could benefit from the assistance of an attorney who can help protect your interests. Many people fail to see the importance of having a lawyer when buying a home, but securing legal guidance can pay off for you should complications arise.

Avoiding problems with your purchase agreement

The legal jargon involved in purchase contracts can be confusing and intimidating for the untrained eye. It is wise to have an experienced attorney review everything before you sign, which can help you avoid issues related to the following:

  • Alterations and additions made to the property
  • Plans for future changes to the property
  • Problems with the inspection
  • Presence of dangerous material on the property, such as lead paint or asbestos
  • Termite infestation
  • Presence of hazardous waste found on the property

Your lawyer can also ensure that you are not inappropriately penalized if you find that you need to break the contract for reasons such as dangerous property conditions and more. Protecting your interests is an essential component of the home buying process.

Closing on your future home

The closing is one of the most important steps in the process you must navigate in order to purchase a home. The closing is a legal process that ultimately transfers the property to your ownership. There are many things to address in order to close, including:

  • Completion of mortgage paperwork
  • Transfer of title
  • Preparation of closing statement
  • Payment of closing costs

Buying a home is a complicated process, but you do not have to walk through it alone. With the help of an experienced legal ally, you can make sure that your purchase agreement is fair, reasonable and includes terms that allow for the protection of your rights. You can make sure that you do not buy hidden problems that will plague you in the future when you buy a home, but you would be wise to secure help from the very beginning of the process.

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Sergi & Associates, P.C.
329 South Guadalupe Street
San Marcos, TX 78666

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