At Pulgini & Norton, we provide capable legal guidance and representation in a broad range of real estate matters. Our residential property attorneys have more than 40 years of combined experience advising clients from Brockton and beyond in purchases and sales, financing, zoning, and other issues. We can explain your rights and help you protect your interests.
Purchase and Sale of HomesSelling or buying a home is a complex legal and financial process. By identifying any potential issues, you can protect your interests and effectively tackle any hurdles you may encounter along the way.
When you first embark on a purchase and sale of property, you may hire a real estate broker to help you sell a property or find one that is suitable for you to purchase. The broker will ask you to sign an agreement that details the nature of your relationship and your mutual rights and obligations. We can explain those terms and advise you should any problems arise with your broker, such as the right to terminate.
Once you find the right property, or someone is ready to make an offer, there are two documents that will affect the purchase and sale of the property. The first is the offer to purchase. It sets out the terms of the prospective buyer’s offer, including the price and the right to inspect the property. If the offer to purchase is accepted, the parties will then negotiate the purchase and sale agreement. The agreement describes the terms of the actual purchase and sale of the property. It includes a legal description of the property, the sales price, and other important provisions, such as the mortgage contingency clause. We can carefully review both agreements to identify any possible issues that could impede the consummation of the purchase and sale of the property, explain your rights, and negotiate terms that are favorable to you.
If you are buying a home in Brockton, you may need to finance the purchase with a home mortgage loan. This amount will typically cover the difference between your down payment and the purchase price. The loan is secured by the property, which means that if you fail to make your payment obligations under the terms of the loan, the lender has the right to foreclose on the property.
The note is the document that spells out the terms of your loan and your obligations to the lender. For instance, if you have an adjustable rate mortgage, your monthly mortgage payments will change over the life of the loan. In many cases, your monthly payment will go up. If you cannot make those payments, you will need to refinance the loan or risk losing your home. If you choose to refinance, you may need to change the deed on your property to include a co-borrower, which could affect your ability to sell the property later on. We can explain the terms of your mortgage loan and its long-term financial and legal implications.
ZoningYou may want to make changes to your existing property or have questions about the changes you can make to real estate you wish to purchase. Any changes to property must comply with the Brockton zoning ordinance, which regulates the use of land in this area. It divides the city into zones and dictates what types of uses and changes are permissible in each of them. For instance, you cannot build a multi-use property in a zone that is exclusively residential. Any deviations from the ordinance require a special permit or variance from the zoning board of appeals. We can advise you on the Brockton zoning ordinance and represent you before the board.
Discuss Your Real Estate Matter with a Brockton AttorneyPulgini & Norton is dedicated to client service and legal counseling. Whether you are buying or selling a home, refinancing, or have any other concern regarding a Brockton property, our real estate lawyers are prepared to offer you capable and experienced representation. We can review the documents and regulations that are relevant to your particular matter and discuss how they affect your rights and interests. For a consultation, call us at 781-843-2200 or contact us online.