And then I wondered – what if I really could go back in time and give my own ancestors a gift. What would I give my ancestors, knowing that it would one day benefit me? My imagination ran wild. Would I give them the gift of education? A million dollars to invest over the next five generations until it was passed down to me? Stock in Coca Cola which would increase over the years? Political connections like the Bush’s or the Kennedy’s? Faith in God?
Let’s assume you get involved in a real estate transaction and realize you are in over your head. You don’t really understand the contract process. What should you do? Go hire a Real Estate Lawyer. Yes, they will cost you some money, but it is money well spend. Spending even a few grand on a lawyer to get advice on what the contract says, should say and so on is far better than committing to hundreds of thousands of dollars of debt under bad terms!
Abogado de bienes y raices The next thing that happens is that you can now rent the property out. You need to do your homework here, and only buy properties that rent for more than the mortgage payment that you just took over. If you can accomplish this tiny bit of research, then you will create positive monthly income for yourself for as long as you own the property.
It is okay to tell the lawyer that you want to consider their offer of representations before you sign a contract with them if you have other lawyers to speak with. If you do decide to sign with the lawyer, have them explain their contract to you and define exactly what services they will be providing and how much they will cost. When you understand how the lawyer will work, sign the contract. Have the retainer payment on hand and request a payment schedule before leaving the office.
Make sure that anyone you are dealing with – from a real estate agent to a highest rated bankruptcy lawyers near me – has the right qualifications for their job. If you are dealing with a buyer, make sure that they are honest about their employment and credit history. Scam artists will often invent elaborate backgrounds in order to gain your trust. If you detect the lie, you can detect the fraudster, so do your research.
Throughout Italy, there are no restrictions on foreign ownership on real estate. This means that buying and selling is pretty much a straightforward process. The first thing you should do however, is to get yourself an independent lawyer, one who will work on your behalf. The lawyer can translate any necessary documents into English so you can understand them. He will also act on your behalf, ensuring that you get a great price for the property you are interested in.