First-Time Home Buyer Lawyers

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What is a First-Time Home Buyer?

A first-time home buyer is anyone who is buying a residential home without having a history of any other home purchases.  Purchasing a home for the first time can be an exciting event, but it should also be done with some caution.  Often times, first-time home buyers lack the experience in dealing with sellers and negotiating for a good price. 

As such, first-time home buyers should be aware of the various rights that they have as consumers.  For instance, they should understand that full disclosure of defects is often times not physically possible.  In fact, many jurisdictions don’t require full disclosure of defects.  Instead, it’s usually up to the buyer to do their research and hire an appraiser to determine the home’s value.

What are Some Tips For First Time Home Buyers?

First-time home buyers can protect themselves legally by applying some of the following tips:

Lastly, it also helps to speak with the neighbors and law enforcement in the area that you’re considering.  This can help you get a feel for the area and can help reveal information that might not be known to the seller.

Do I Need a Lawyer for Help With a First-Time Home Purchase?

First-time home buyers can sometimes encounter unique factors during a home sales transaction.  You may need to hire a qualified real estate attorney in your area if you will be buying a home for the first time.  Your lawyer can help you review the various legal documents connected with the transaction.  Also, if you have any legal issues or disputes, your lawyer can be on hand to help you file a lawsuit if necessary. 

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Last Modified: 08-20-2015 09:52 AM PDT

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