Steps to Find the Right Lawyer:
Full Answer
Before the law was amended in 2009, tenants living on a foreclosed parcel of property lost their leases and were forced to either pay the new price or to find a new place to live. Now, thanks to the Helping Families Save Their Homes Act of 2009, the lease term of a current tenant will continue both during and after the foreclosure sale occurs. However, this will be subject to each individual’s lease term conditions as well as the laws of their state.
In which case, it is not entirely necessary for a buyer to obtain a lawyer before purchasing a foreclosed property.
In the majority of foreclosed property sales, the property itself is normally sold “as is.” In other words, what the buyer sees, is what the buyer will typically get in exchange for their money.
State bar associations are also good resources for finding lawyers who practice in the field in which you require assistance. Online resources can be another good source, and many such resources have the added benefit of offering consumer reviews, so you can see how other people have rated their interactions with a particular attorney.
The legal team. Some lawyers work by themselves, while others have paralegals on their team or outsource some of the legal work to other lawyers. You want to make sure you know who will be handling your file, as this can have an impact on both the quality of the service you receive and the cost. Communication.
Before the law was amended in 2009, tenants living on a foreclosed parcel of property lost their leases and were forced to either pay the new price or to find a new place to live. Now, thanks to the Helping Families Save Their Homes Act of 2009, the lease term of a current tenant will continue both during and after the foreclosure sale occurs. However, this will be subject to each individual’s lease term conditions as well as the laws of their state.
In which case, it is not entirely necessary for a buyer to obtain a lawyer before purchasing a foreclosed property.
In the majority of foreclosed property sales, the property itself is normally sold “as is.” In other words, what the buyer sees, is what the buyer will typically get in exchange for their money.