Purchase & Sale of Property

Buying or Selling Property in New York

For most of our clients, the purchase or sale of real property, especially a home, is an important event involving large financial assets. You will want to be sure that every part of the agreement, including every document, is carefully examined.

If you are buying or selling property in New York, contact a real estate attorney at the law firm of Costello & Costello, PC in Brooklyn, New York. We have been handling real estate matters for our clients since 1959.

Selling your home? Talk to a real estate lawyer.

• Your Costello & Costello, P.C. real estate lawyer will review with you all the information you need for a contract of sale.
• A real estate contract of sale has many contingencies you need to fully understand. Can the purchaser obtain a mortgage? Are there problems (such as termites) that need to be dealt with prior to the sale? Is the title free of defects or liens? In other words, is it a good marketable title?
• Before you enter into a contract, make sure you understand all your obligations. Your attorney can explain your responsibilities regarding the home's condition, closing costs, and taxes. By having an experienced real estate lawyer, you can be aware of how to protect yourself against future liability.

Buying a home? Call a real estate attorney.

• Buying a home is likely the biggest and most complex transaction you will ever make. Though most home sales work out well, some do not and result in costly disputes.
• An experienced real estate attorney can guide you through the purchase process and help you avoid problems. Have your attorney review all documents before you sign.
• When you sign a contract of sale, make sure the contract includes all aspects of the purchase: the sale price, deposit amount, repair requirements, and needed contingency clauses (mortgage contingency, home inspection contingency, sale-of-other-home contingency), and all items included in the sale. Your lawyer can also check the home's title and make sure you have title insurance.

If you have questions about buying or selling a home in New York, e-mail our law firm. We will usually respond within 24 hours.

The law firm of Costello & Costello, PC has served clients from our Bensonhurst office at 59th Street and 20th Avenue since 1959. Contact us a free initial consultation at our Brooklyn, New Jersey offices. We look forward to talking with you.