Our office represents lenders, buyers and sellers alike. From the initial offer, to the purchase and sales agreement, to closing, we will be with you through every step of the way to educate and ensure your rights are protected throughout the real estate closing process.
Our office has a vast network of lenders with whom we work with to provide financing to our clients at the best possible rates. We utilize a network of title examiners and offices throughout the states of Massachusetts and New Hampshire to provide local representation for all closings.
Question: Do I need and attorney to buy or sell a house?
Answer: While there is no law requiring you to have an attorney when you buy or sell a home, your home is generally the largest investment you will have in your life and it is important you have legal counsel in your corner. From experience, our office cannot even begin to tell you the large number of situations we have seen people run into that could have been avoided had they had qualified legal counsel. It is important you have an expert with you looking out for your interests during this important transaction.
Question: Can you recommend a Lender or Realtor to me?
Answer: Our office has a wide array of local realtors and loan officers we have worked with over the years who can help you buy or sell your home. Please contact our office and we can certainly give you the name of the individuals who have helped our clients in the past.
Question: This paperwork seems pretty standard to me. Why do I need an attorney?
Answer: With respect to Purchase and Sale Agreements in both Massachusetts and New Hampshire and Offers to Purchase in Massachusetts the devil is always in the details. There are many clauses within Purchase and Sale Agreements that have a direct affect on your transaction and it is important to have a qualified representative advising you through this negotiation and who is solely looking out for your best interests.
Question: Do I need Title insurance?
Answer: It is strongly recommended you obtain Title insurance as Title insurance protects you against issues such as incorrect indexing and clerical errors in recording, undisclosed or missing heirs, forgery and fraud, unpaid water bills and taxes, defect liens or encumbrances on the Title, defects in prior mortgages, unmarketability of the Title, unreleased homestead and unresolved probate claims. If a covered defect is discovered, the Title Insurance Company will investigate and defend against claims against the Title to your property and will either clear up Title problems or indemnify and defend you. Title Insurance is a one-time charge when you purchase a home and if you are financing the property, you are given a discount on the price if you purchase your coverage along with the mandatory ender’s policy. It is strongly recommended that you purchase Title Insurance whenever you purchase a home and the Law Offices of Andrew J. Schultz, P.C. will be happy to provide you with this coverage and explain the process to you during every step of the way through the closing process.
Julie, New Hampshire