Hi, Do I need a lawyer to buy a home? This will be my first house purchase. If I need a lawyer, do I need to find a lawyer before I search for a house?
Asked By Henry Fisher | Boulder, CO | 485 views | Buying | 2 years ago
Henry, you do not need a lawyer to buy a home in Colorado. The transfer of ownership is done through a trust company. Your Realtor will know of several. You can use a lawyer to review your documents but it is not required. Best of luck!
You do not need an attorney in Colorado for a real estate transaction. An attorney is always recommended especially in complicated transactions but as a rule of thumb...no you do not need an attorney. You need a great realtor that can guide you through the process of buying for the first time which is by the way....the best!
For buyers who value privacy, need to purchase quickly, or want non-traditional income sources, paying cash seem like an ideal way to purchase property with minimal disclosure. You can buy a home without a loan, but can you buy a house without proof of income?
While cash purchases remove the lender from the equation, they don't erase all verifi
When financing a second home, you usually need a larger deposit and the income to support the debt payments. You also need to find the right financing, because many loans are only available for your primary residence. Most people consider turning to the equity of their current home. But can you use a HELOC to buy a second home?
A HELOC lets you