There are many documents to be prepared and reviewed in the transaction around your Purchase & Sales Agreement. While real estate agents or brokers may offer to review or even prepare these documents for you, they are not trained to do so. Nor do they have the license to give you legal advice. This is where it is imperative to engage an experienced real estate attorney.
Like those at Moschetti Law Group, real estate attorneys are experts in preparing and reviewing purchase agreements, listing agreements, offers and counteroffers, loan and escrow documents, and any modifications or amendments. Not to mention, the real estate attorneys at Moschetti Law Group have detailed knowledge of mandatory documents to be submitted in California in particular. Many times our client’s biggest concerns are:
Given the sheer number of documents, laws, and procedures to review and follow, real estate transactions can be complicated. It takes training and years of experience to guarantee that nothing will be overlooked. With the pace of real estate growth in California, the transaction process can be rushed, especially if property owners are trying to sell without real estate lawyers’ assistance. Moving quickly is necessary, but rushing leads to mistakes. Our expert attorneys have the experience required to accurately and rapidly move you through the process around your Purchase & Sales transaction and ensure that you are getting the most out of your time and money.
Roger was the managing partner of a small investment group that owned a portfolio of four buildings on five lots. They were prime properties, and the market was perfect, and it was time to sell. The portfolio all had a problem though; there was a CMBS loan on the whole project with a looming defeasance.
We analyzed Roger and his group’s situation and determined the property would be better off being sold piece by piece. We marketed each building separately and found three owner-users and one investor to buy each piece. We then helped each buyer develop a workable association to manage the lots and shared expenses. Finally, we timed the sale to happen simultaneously to eliminate the need for bridge financing and let the defeasance be paid all at once. Roger had our firm not only as its attorney but as his real estate broker – attorney fees paid entirely out of escrow for the same amount as if they just hired a broker and acted without an attorney.
What about fees?
Most transactions have the attorney paid directly by the client and the brokers paid through escrow at the transaction’s close. Moschetti Law Group combines the role we play to include both legal services and brokerage services. And we take payment at the close of escrow. These means two things for you:
If I am selling a property, how can you help me?
Moschetti Law Group has an affiliation with SVN – Rich Investment Real Estate Partners. With offices in over 200 locations across the United States and a strong presence internationally, the collaborative culture of the SVN allows our team to share specific, local expertise. Combined, this expertise leverages global market knowledge and local investment insight to enable our investors’ success across all market sectors.
We market a property the same way a qualified real estate agent does:
But, we also do things that agents don’t:
Don’t I need an ‘expert’ in the same type of property type?
It helps to have someone with both boots on the ground and product-type expertise, and that is precisely why we are a resource to many of our clients. With our affiliation with SVN, we have created an extended team of the best of the best, experts in every product type, and located in over 200 offices across the United States.
At Moschetti Law Group, our practice serves the needs of Founders by providing real estate law and real estate syndication attorney services to Founders. Whether you are the Founder of a real estate empire or building a business and need assistance with purchase and sales, real estate transactions, or real estate litigation, we serve Los Angeles County, eastern Ventura County, and North Orange County from our office in Calabasas. We also have a primary focus on helping Real Estate Syndication Founders throughout the United States with forming their syndication, understanding crowdfunding, private placement memorandums, and operating agreements.