As an expert in real estate law, Bryan Zuetel, Esq. was recently quoted in Realtor.com, the National Association of Realtors® website, on the topic of home buyers contracts. Here is his excerpt of the article Bryan was quoted in:
"The contract's contingencies (see below) provide the buyer a period to conduct due diligence, which essentially means doing homework. If the buyer discovers negative information regarding the property during this time, he can cancel the escrow and receive a refund of his earnest money, says Bryan Zuetel, a real estate attorney and broker at Esquire Real Estate, in Orange County, CA.
Contingencies are requirements that must be met before a real estate deal can close. The customary ones for the buyer's loan are property appraisal, financing, home inspection, disclosures, homeowners association disclosures, and a title report, says Zuetel."
Should you be interested in buying or selling your California real estate in the next quarter, please contact us for a consultation. Having an expert attorney represent you in your sale or purchase of either residential or commercial property will give you the edge you need in this aggressive real estate climate.