Real Estate
Real Estate has become a significant portion of both individual and business wealth plans. Gone are the days when a family lived in one house for their entire adult life. Now, you must maintain a constant watch of the markets and of the relevant competitors to maximize profits and take advantage of some of the most beneficial IRS exemptions. We know how to get you there.
Residential Real Estate
Transactions in residential real estate may seem simple due to the popularization of buying and selling homes by numerous television shows, and by the abundance of real estate agents being licensed each year. However, it is more important now than ever before to have competent legal assistance when buying or selling a home because of the considerable number of amateurs and malicious parties that have taken to the industry. Often, even real estate agents are unaware of the potential pitfalls of the current home-buying climate.
Buying and selling a home means much more to the financial situation of the client than just the mortgage payment and upkeep. You have substantial tax issues, as well as substantial estate issues whenever you buy or sell a home. Do not take financial or tax advice from a real estate agent, as they are not trained in finance or taxation and cannot provide competent advice in these areas. Agents have caused so many problems that they are actually prohibited by law from giving legal, tax, or financial advice to clients at this time. Use an attorney.
The best part? We charge a standard agent commission, so you get the benefit of complete legal service, professional marketing, tax consulting, and estate/finance integration for the same cost as if you had hired an agent that has no ability to provide any of those services. We are attorneys and agents, working in partnership with iLink Real Estate to provide the best representation in the business. You are truly getting the best of both worlds when you list with us, and without any increase in fees.
In addition to providing complete service for both buyers and sellers in residential transactions, we also provide service for leasing or renting your residential properties. If you are a property investor, we can provide financial and tax advice for whatever size portfolio you have. Contact us immediately so we can begin working on your behalf.
Commercial Real Estate
We offer complete commercial real estate service, which is considerably more complex than residential transactions. In a commercial setting, it is assumed that every party to a transaction has competent counsel and foul play is fair game if you do not know how to protect yourself. The protections afforded to residential buyers are gone, and you are held to your mistakes even if they are catastrophic.
Attorneys are necessary for many commercial contracts, including those early in negotiation or commercial searches. Don't wait until it is too late, as you may be in a severely damaged negotiating position if you are not represented by an attorney at crucial stages along the way. We ensure your position is favorable, and guarantee our work against potential litigation.
Our contracts and negotiating positions are the strongest in the industry, and you get a litigation guarantee. That means we will represent you against any challenge to your contract free of charge, in the event that one arises. Our business service also includes free tax consultancy for the property involved in the transaction, to determine proper taxable valuation, depreciation, preliminary rezoning assessment, and potential accelerated expense schedules.
Tenants and Evictions
We provide regular assistance to our real estate clients with leases, contracts, recovery, and background checks of potential tenants. As an additional service, we handle evictions at a low rate, as they are nearly standardized in typical situations. Most evictions can be handled for a flat fee of $500, including the court appearance.
Sorry, but we do not represent tenants in transactions or evictions. You can contact the Toledo Bar Association for a referral if you are a tenant seeking representation.
- 567-694-1614
- tyler@overlocklaw.com