Most Common Legal Mistakes People Make When Buying a Home
JARED N. KLEIN | May 29, 2018
The last thing you want when you buy a home is to get involved in a legal problem. Any sort of legal issue arising out of a house purchase is likely to be financially straining and emotionally distressing. To avoid such issues, it is always advisable to consult an attorney specializing in land use, real estate and zoning so that you can sleep peacefully knowing that an expert will ensure that there will be no legal problems with the purchase of your new house.
However, despite awareness about the need for real estate lawyers, most residential real estate transactions are completed without attorneys in Pennsylvania. Even though home buyers get an inspection done before making a purchase, they need an attorney to check the title history, deed lines, permits, building history, etc. Apart from this, there are several tax-related complications when buying a home, which can be resolved by seeking the advice of an attorney.
To increase your awareness, prepare you for a purchase, and help you avoid some basic errors that could prove to be costly, we have compiled a list of the most common legal mistakes people make when buying a home.
1. Not speaking to an attorney at all. Given that home-buying is an almost irreversible decision, it is surprising that most people don’t talk to an attorney while they are purchasing a house. Not taking away anything from realtors, who are very professional and excellent resources, a competent attorney can always ensure that minor problems are solved quickly. You may get a house inspected by a home inspector, but having an attorney check the title history, deed lines, permits, and building history can make a big difference.
2. Relying on the wrong resource for queries. You may refer to some database or a resource to check basic information about a property, but, keep in mind that you will never be sure of the accuracy of such information. For example, the data on many City of Philadelphia maintained websites is out of date and does not reflect the full history of a property. Take zoning records for instance, where what is listed on the MLS and what exists in City archives is often different and should be checked.
3. Not knowing about tax laws and making incorrect assumptions. You need to have accurate information about tax laws about a home purchase. Otherwise, you will make a mistake, which will cost you dearly. For example, if you are buying a recently renovated or constructed home, you are entitled to a tax abatement (provided that the builder properly applied for it). Do not assume that just because an MLS listing says that there is an abatement, it has been formally granted - have an attorney check the status for you!
To avoid these and other mistakes, reach out to the expert - Jared N. Klein. I am a veteran land use, real estate and zoning attorney, who has represented some of the City’s leading educational institutions, businesses, and individuals in matters involving real estate, commercial transactions, and business litigation
What Makes Jared N. Klein Stand Out
JARED N. KLEIN | Feb 07, 2018
Thanks for stopping by our blog. If you’re looking for more information about Jared N. Klein, you’ve come to the right place.
About Jared N. Klein
Our office focuses on the representation of businesses and individuals with real estate, zoning, permitted and real estate litigation-related issues, in Philadelphia and the surrounding counties.
I have been in practice for fourteen years, and with my current firm for two years. I have previously worked with one of Philadelphia's most experienced attorneys - Daniel P. McElhatton.
We are always seeking to maximize our efficiency and provide clients with great service at an effective cost. We achieve that goal with client-oriented growth and the use of technologies that help us interact effectively with our clients whether we are in the office or at a job site.
The Jared N. Klein Difference
What makes us stand out from the rest is our expertise and depth of relationships in the Philadelphia zoning, construction and development communities. With a practice focused on real estate, we not only understand the legal matters developers face but also their business needs. This allows us to craft solutions for clients that are not only in their best legal interest but also serve their business needs to keep projects moving forward.
Our commitment to client service is what makes us second to none. We are not a law firm that will deposit your retainer and then disappear. Once you retain our services, we are part of your team and available to you nearly twenty-four hours a day and seven days a week. Every client and every project is unique to us and our firm treats every case that way.
We are really proud of our appellate successes. Even in those rare instances where we are unable to obtain a variance, our team has been very successful in achieving our client’s objectives through the appellate process.
Our goal for the future is to continue to change with the Philadelphia development community and stand ready to adapt to changes in the real estate market that affect our clients.
We recognize our responsibility to give back to society, and as part of it, we have sponsored a Taney Little League baseball team for several years. We recently joined a client in a giving campaign for the Bethesda project.
Owner Spotlight: Jared N. Klein
JARED N. KLEIN | Jan 02, 2018
I’m Jared N. Klein, a real estate attorney in Philadelphia, PA.
I look forward to sharing my story. I hope that you will enjoy getting to know me better.
I have been practicing law since 2004 and I have been with Orphanides & Toner for the last two years. My business focuses on assisting individuals and small businesses with their zoning, land use, and business development needs. Over the last decade, I have represented some of the city’s leading educational institutions, businesses, and individuals in matters involving real estate, commercial transactions, and business litigation.
On any given day I can be found at a site visit reviewing construction plans, drafting zoning applications, presenting cases to the Zoning Board, or involved in litigation regarding real estate issues. I ensure that all of my client’s needs are met and try to end each day by making sure that progress has been made on all my client’s files.
The elation of assisting a homeowner or a small business owner is the best feeling an attorney can have. That’s why being able to offer help to people is something that I enjoy the most about my job.
The most satisfying moment of my life would be appearing before the PA Supreme Court and helping to revise Pennsylvania law. I believe success can be earned with hard work and dedication, and I attribute my success to this as well as the work ethic instilled in me from a young age.
When I am not working, I am involved in my local civic association. I also love to coach T-ball for Taney and spend as much time as I can with my wonderful son. As an individual, I value honesty, integrity, and empathy. I contribute to The American Heart Association and American Society for the Prevention of Cruelty to Animals.
I have enjoyed sharing my story about the things which matter to me and how they influence the way I do business.
If you or someone you know could benefit from my expertise in legal services pertaining to real estate, I invite you to get in touch.
Jared N. Klein