Buying real estate can be a daunting prospect for anyone. Whether you’re a first-time homeowner looking to upgrade from a rental to your own house or an entrepreneur finding a home base for your business, there are many issues to consider. Your property will likely be the largest purchase you ever make, so it’s important to receive sound legal advice before signing any documents. Find a real estate lawyer at Edmonton’s RMLO Law LLP. We pride ourselves in finding creative strategies for your real estate issues, and we also work with developers and builders. If you’re considering getting into the real estate market, or if you already own property, contact our team today.
Creative real estate is an umbrella description of all real estate strategies other than classic buy-and-hold. These include rent to own, joint ventures, options and agreements for sale.
Like success in any strategy or endeavor, success is more than just the documents that finalize the deal. It takes an experienced lawyer to understand a creative strategy amidst all the possible advantages and pitfalls. A large part of Barry C. McGuire’s practice is sitting down with clients to walk them through exactly what a particular strategy means and what its implications are for their long-term investment future.
If a client decides to go with a creative strategy, they can’t just use the standard contractual documentation. Barry and the real estate department at RMLO will assist with creating an offer to purchase that will define and protect a client’s creative interest.
Specialized offers to purchase are just part of the equation. Depending on the creative strategy you employ, Barry and the RMLO team will create specialized leases and options for rent to own situations, long-form agreements for sale, assignment documentation for straight assignments, and for fix and flips.
We will say it again: getting to learn, understand and successfully implement creative real estate strategies is a process. It takes time, effort and experience to become successful. Barry and the RMLO team will guide you through the maze of strategies and steps in those strategies, from a beginning consultation to successfully finalizing your transactions.