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When selling your home or other property on your own, it is essential that you work with an attorney experienced in real estate transactions. While you may be able to find a buyer and negotiate sale terms, Minnesota law requires all sellers to make some required disclosures. Different cities and counties may also have certain requirements of sellers - none of which you want to find out about when you're ready to close. We handle a variety of real estate transactions, including residential, commercial, and agricultural. Our attorneys will guide and advise you through your sale from start to finish.
Every real estate transaction requires a purchase agreement. The purchase agreement, importantly, establishes the sale price for your property. It also includes the closing date, any contingencies, other agreements, and whether any personal property is included with the sale. The purchase agreement will also typically include the required disclosures. We use our Real Estate Sale/Purchase Intake Form to put together the initial draft of your purchase agreement. Of course, should you have questions or other concerns, you can always contact an attorney.
Closing Services
We offer full closings services for buyers and sellers. Whether you are a buyer or seller looking for an experienced firm to handle your real estate transaction, we can work with you. Our licensed title agents conduct closings throughout Southeastern Minnesota and offer title insurance or title opinions. We aim to make the closing process as smooth and stress free as possible.
1031 Exchanges
Many of the sellers we work with are also buyers. If you are selling an investment property, you could use a 1031 exchange to purchase a new investment property all while deferring recognition of capital gains. To achieve these powerful tax savings and asset preservation objectives, the parties must carefully adhere to all the rules and regulations. An experienced real estate attorney can help you access the benefits of a well-structured 1031 exchange. We are here to guide and advise you through the 1031 exchange process.
If you are ready for an attorney to draft your purchase agreement, use our For Sale By Owner Intake Form and email it to our Closing Coordinator, Becky Henry, at becky.henry@wagnerlegalmn.com. If you'd like to speak to an attorney today, call our office at 507-288-5567. If you would like to meet with an attorney, you can contact us below. We look forward to working with you!
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