The homebuying market in Charlotte NC is one of the hottest in America. More and more people are flocking to the area everyday. If you are looking to buy a home, this is the time to do so because property values are soaring and they’re only going to get higher. Just be aware that the legal procedures involved vary by state and buying a house in North Carolina may look a bit different from what you know or expect. See the following post for details:
What’s Different About buying A House In North Carolina
No matter where you go in the United States you are going to come across different ways of doing things, different customs and different state laws. Buying a house is no different. North Carolina is now the 9th most populous state in the Union which means people are moving here from all over the country and abroad. This can create some surprises for people when they find out how real estate sales are handled here. Here are some of the ways buying a house in North Carolina can differ from what you are used to in your state.
In North Carolina certain appliances are considered to be part of the house and included in the sale of the home. The common appliances you can expect to be included are the ones that are built in, like the dishwasher, stove and the built in microwave. Read more at Living in NC…
You need to look for any loopholes that might arise during the homebuying process. Working with an expert, however, will help you to avoid some of the common pitfalls.
The final stage of the purchasing process is known as “closing.” This can be a complex legal matter so it will help if you are at least somewhat familiar with the process. If you are closing in North Carolina, here’s a step-by-step guideline of what you can expect:
Real Estate Closing Procedures in North Carolina
Real estate transactions vary across the United States, so there’s no one list of “typical” steps that can be used to prepare buyers and sellers for the progression from contract to closing. Below is a look at closings in North Carolina. Generally, attorneys do title searches and acquire title insurance for North Carolina homebuyers, but some closing steps vary among North Carolina jurisdictions.
Offer to Purchase Contract
The majority of residential sales contracts are presented to sellers by real estate agents who use the standard forms provided by the North Carolina Association of Realtors. Read more at The Balance…
Buying a house is one of the major investments you will make in your lifetime. As such, getting all the facts right from the start will help make the process much easier.
Working with an attorney who is well-versed in real estate law will help you avoid frustration and, even more critically, a potentially detrimental outcome. Here’s what a real estate attorney can do for you:
The role of a real estate attorney is to protect the client. There is little potential for a conflict of interest, as the attorney does not have a vested interest in the sale closing. Therefore, a real estate attorney should be the client’s most trusted ally in the home purchase or sale and the most useful tool to reassure the client in this process. A good real estate attorney will always ensure that the client, be they a buyer or seller, are protected with regards to the attorney review and inspection contingencies, financing contingencies, and title clearance matters. A great real estate attorney will make sure that the client understands why something is being done, ensures that the client is copied on correspondence, and is always available to answer questions or reassure the clients. Read more at Bood Law…
In other words, a real estate attorney will ensure that your interests are protected throughout the process. He or she will also explain to you all that you are expected to do during the transaction.
If you need an experienced real estate attorney, Jonathan Meek of Meek Law Firm South will be happy to assist you. We guarantee clear and efficient communication throughout every step of the process, and if you have questions, we will be glad to answer them. Call us today at 704-800-5901 or fill out the contact on our website and we will get in touch with you. Meek Law Firm South will ensure that your homebuying experience is simple, legal and final.