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Should you hire a real estate attorney?

On Behalf of | Feb 4, 2020 | Firm News |

Property is often in high demand in the New York metro area, and if you want to secure a purchase or a lease, you need to understand and follow all of the guidelines and requirements involved. We at Marcus, Gold & Sussman, LLP know that it can sometimes be a challenge to keep up with all of the required forms and transactions. 

Financing real estate acquisitions 

It should be no surprise to you that the majority of real estate purchases will need you to make some kind of investment, and possibly will involve some kind of loan. The structure of a loan makes a significant difference in how the payments will be set up for any kind of property, and it behooves potential buyers and investors to take care when getting any loan. You should also be ready to handle the performance of any due diligence, and keep in mind that the way contracts are worded has consequences that affect the nature of any agreement. 

The key elements of real estate 

When you are looking at buying or selling property in New York, you ought to ask yourself if you are prepared to handle all of the essential elements. Are you getting involved in residential or commercial real estate, and do you know the difference? Is there going to be a board of representatives involved, or will the ownership be individual? 

Many people find that it is very helpful to get professional advice in reviewing or drafting residential and commercial leases. The lease is at the core of every real estate transaction. You can find more information about this topic by visiting our web page.