Under Michigan law, there are certain steps that need to be taken in every real estate transaction. It does not matter whether the sale is conducted through a real estate agency or between two individuals. There are no corners that can be cut or steps that can be skipped just because it is a private transaction.
Professional real estate agents have a complete understanding of the home sale process. They deal with it every day. In most cases, people who wish to do a “for sale by owner” transaction are not real estate professionals. While they may be able to work through many of the home sale requirements on their own, there will undoubtedly be some where they need the help of a professional.
You Can Save Money By Hiring An Attorney Rather Than A Real Estate Agent
At Creighton McLean & Shea PLC in Livonia, Michigan, we provide complete real estate law services to buyers and sellers throughout Livonia and all of Southeast Michigan. We have a complete understanding of the laws governing real estate transactions, and we will be there with you, working to ensure that all requirements are met at each stage of the process.
Our fee arrangements in “for sale by owner” transactions make us a much more economical choice for the sale of your home compared to a realtor or do-it-yourself company that claims to specialize in these matters. We aren’t interested in a cut of the commission in these transactions, so you can feel confident that we are working for your best interests at all times.
We will be there to advise you in all aspects of the process, including:
- Drafting of the purchase or sale agreement
- Ensuring all inspections are completed
- Making all necessary disclosures, including disclosures involving lead-based paint issues
- Preparation and review of closing agreements
- Attendance at closing to ensure the process goes smoothly
Talk To A Lawyer About Your ‘For Sale By Owner’ Questions
Please contact our Livonia office to discuss your questions regarding “for sale by owner” transactions in more detail. You can reach us by phone at 734-245-9289 or contact us via email to schedule your initial consultation.