Should I close on my Real Estate Transaction that lost value? Real Estate Law and more with Rob Sheldon
Steve Hamoen is joined by Robert Sheldon from Travers Law to explore the intricacies of closing transactions during market shifts. They discuss the legal struggles and market impact on real estate transactions, focusing on the differences between new construction and resale. The conversation delves into the complexity of new build contracts and the consequences of not reviewing them. They highlight how personal circumstances affect contract obligations, the role of deposits, and builders' perspectives. Strategies for effective closings, the necessity of legal advice, and the value of experienced representation are emphasized. The episode concludes with insights on navigating minor disputes and a service-oriented approach in legal practice.
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