If you are in the market to buy a home along the coast and you are not a lawyer, then you may have no idea that there are hundreds of real estate laws on the books. Here are a few commonly broken real estate laws that buyers make. You may have accidentally broken one of these yourself and not even realized it.
Asking your Realtor the wrong questions
An experienced Realtor is there to work for you and you should feel comfortable asking them the ins and outs of the real estate process. While a good agent is one who is experienced in the area in which you are looking to move, there are a few questions they cannot answer. Real estate laws on the books prevent your agent from discussing things such as the economic makeup of a neighborhood, where the nearest religious facility is, or specific information about the school district. This law came about as a way to prevent homebuyer discrimination.
Violating the First Amendment
The first amendment provides us with the right to privacy. It can be tempting when visiting an open house to bring out your cell phone to take pictures to capture the space or to remember which home is which after seeing so many. However, when going through those photos you notice the seller happened to be in the home and is in the picture. While it is highly unlikely that the seller will know you took their picture or be concerned about it enough to pursue legal action, it is a good idea to delete it as photographing an individual in their home without their permission is against the law.
You have found your dream home along the coast and you have placed a contract on it. Things are moving along as planned. You become aware that the soon to be previous homeowners have already moved out and the home is sitting empty ready for you to move in after closing. However, that does not mean you can just stop by and start planning where you will put the furniture when moving day comes. Doing so would mean you are trespassing. Until all the paperwork is officially signed and the keys are in your hands, do not access the home without your Realtor or without permission.
If you have purchased property before you know that it comes with an enormous amount of paperwork. With your busy schedule it may be hard for both you and your significant other to find time to both sit down together and sign all the documents. No matter how tempting it may be to speed things along by signing their signature for them, resist the urge. You may have thought it was okay since you had their verbal permission to sign for them, but it’s not okay. Unless you are the power of attorney for whom you are purchasing the property with, it is illegal to sign for them. Not only is it committing fraud to do so, it is also a felony.
If you are looking to buy or sell your coastal home, we’d love to hear how we can help you with your real estate goals. If you are contemplating selling your home find out how much it is worth with our online guide available here. Contact us today via email or give us a call at (650) 888-6903.
The Rain Team offers unparalleled service to ALL clients in the San Mateo County, including areas such as Half Moon Bay, El Granada, Moss Beach,Montara, and Pacifica. Your complete satisfaction with our service and representation is our number one priority.