Charleston Real Estate-Owned Properties Lawyers
A Real Estate Firm Helping Buyers Who Are Purchasing Bank-Owned (REO) Properties
Just several years ago, the purchase of bank-owned and foreclosed properties was rather uncommon. Now, the market is flooded with bank-owned/real estate-owned properties (REOs).
Foreclosed properties can present an excellent investment. However, the process for buying a property from a bank or other lender differs markedly from that of buying from other parties. It's important to have experienced legal counsel at each step in the REO purchase process.
The Charleston real estate-owned properties attorneys of Weeks & Irvine, LLC, have helped numerous clients complete the purchase of bank-owned property. We can:
- Handle the details of your transaction
- Review and/or create documents and contracts
- Review lending terms
We have a team that works exclusively on bank-owned property purchases. We focus on facilitating the process while protecting clients' interests at each step.
The Purchase of Bank-Owned Property Is Different From Other Real Estate Purchases
Banks operate under different obligations than other sellers when selling property. Timelines and inspections differ, bank-drafted contracts can be very one-sided and delays are common.
We work with buyers from the initial loan qualification through the closing. We can work to help clients avoid penalties and to ensure that the transaction goes through.
We also focus on educating clients on the REO purchase process. Clients who work with us are highly knowledgeable in the event they pursue the purchase of more bank-owned property in the future. For more information, please contact our firm.
Contact Us
For experienced legal help in the Charleston, South Carolina, area, contact Weeks & Irvine, LLC. We charge competitive rates and will work around your schedule, including evening and weekend schedules by appointment. To contact us, call 843-376-3300 or 866-441-4627.
