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An attorney licensed to practice law in Delaware is required to conduct a closing of a sale of Delaware real property. An attorney licensed to practice law in Delaware is required to conduct a closing of a refinancing loan secured by Delaware real property.
The following states require you to hire a real estate attorney when you buy a home: Alabama. Connecticut. Delaware.
How Long Do They Have To Respond? Legally speaking, there isn't a time frame sellers must respond to your offer. However, it's an unspoken rule in the industry that sellers and/or the listing agents should respond within a few days, with 48 hours the norm.
How long do sellers have to respond. Unfortunately, there's no rule about how quickly a seller has to respond to your offer. However, most sellers will extend the common courtesy to a buyer and respond in writing within 24 to 72 hours (or three business days) from the receipt of the offer.
At least 75 supervised home inspections are required for Delaware Home Inspector licensure. You may only start accumulating the required inspections after your trainee registration is issued.
Homebuyers typically anticipate a response after taking the time to write an offer. However, sellers are under no legal obligation to respond or otherwise entertain an offer. To improve your chances of gaining a seller response, follow the offer instructions precisely and make your offer competitive.
Sometimes the listing agent has the answer, the seller is holding out, the seller is on vacation, the seller isn't tech-savvy and hasn't had an opportunity to review it yet. There are several reasons sellers delay accepting an offer and if a buyer really wants the home they might be at the seller's mercy.
The closing or 'settlement' process itself general takes place at one table (either at the office of an attorney or lender), where buyers sign all documents related to their loan and the transaction itself. After all documents are signed and payments exchanged, the deed is recorded with the county.
While some sort of response is typical, there is nothing illegal or unethical if a seller does not respond. A seller may dismiss an offer altogether if they believe it to be unreasonable, incomplete, or otherwise not in their best interests.
Hiring a real estate attorney In Delaware it's required for a real estate attorney to be part of every home sale. While your agent can make recommendations, remember you get to make the final decision. Interview lawyers before hiring them to make sure they have the experience you need.