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2 Tips To Get Ready to Sell Your Home

1.  Prepare Yourself Mentally that the Property May Take Longer to Sell Than You Anticipate Savvy sellers know that getting a buyer to stick (close escrow) is not as easy as it would seem. Many real estate sales fail to close escrow because the buyer fails to complete the purchase for reasons beyond the control of the seller. This can be mentally exhausting – so prepare yourself for an unpredictable ride. The property will sell, it just may not sell within your desired time frame and that can complicate plans to move, a purchase of another residence or other personal obligations that may be motivating the seller’s decision to sell. We recommend preparing yourself for the slight uncertainty by not putting extra pressure on yourself to sell within a certain timeframe or to a certain seller – understand

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Posted in Contracts/ Agreements, Purchase and Sale, Real Estate Attorney Los Angeles

3 Options For A Buyer When A Seller Backs Out of Escrow

Little is more frustrating for a buyer than having a seller of real property attempt to back out of a purchase and sale agreement after escrow has opened.  Typically, the buyer has spent hours searching for the perfect property, submitting multiple offers and time negotiating the terms of the purchase agreement that they had thought was finalized.  If the seller attempts to back out once escrow has commenced, without a valid basis for doing so, then the buyer has at least 3 options: 1.  Demand the seller comply with the terms of the contract.  In California, most residential purchase and sale agreements are drafted using the California Association of Realtor’s form.  This form usually requires that the buyer and seller participate in pre-lawsuit or pre-arbitration

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Posted in Purchase and Sale, Real Estate Attorney Los Angeles, Specific Performance

Zachary Schorr quoted in First Time Home Buyer’s Guide

Lead real estate attorney Zachary D. Schorr was recently quoted in an article appearing in a First-Time Homebuyer’s Guide.  The article is entitled “An Appraising Eye”.  Click here for a copy of the article.  The article deals with the role appraisals play in the home buying process. Buying a home can be tricky.  Knowing the ins and outs of appraisals and appraisal contingency can be a key to making any real estate purchase and sale transaction go smoothly.  Our Los Angeles based real estate lawyers know what it takes to give both the buyer and seller the greatest flexibility or a lack of flexibility (depending on whether you are the buyer or seller) in dealing with purchase and sale transactions.   Zach SchorrMore Posts – Website

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Posted in Media, Real Estate Attorney, Real Estate Attorney Los Angeles

Los Angeles Purchase and Sale Agreement Attorney: Understanding The Importance of Purchase and Sale Contingencies

For most people, buying a home is one of the largest financial decisions that a person or couple will make.  In California, unlike other states, the transaction is usually handled through real estate agents and brokers and without the presence of an attorney.  In other states, attorneys are required to be involved in the escrow process.  While, we understand that it is sometimes quicker to not involve an attorney, doing so can have a high cost, especially when you are dealing with purchase and sale contingencies. For example, our Los Angeles based real estate attorneys know the ins and outs of dealing with purchase and sale contingencies.  Purchase and sale agreement contingencies are the conditions precedent or conditions that the buyer must remove before passing

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Posted in Contingencies, Purchase and Sale, Real Estate Attorney Los Angeles

Los Angeles Real Estate Attorney: Purchase and Sale Dispute

As a Los Angeles real estate attorney, one of the most common types of real estate disputes we see are purchase and sale disputes.   One of the first determinations we have to make is whether the non-disclosure issue is the result of fraud or negligence.  This is important because some types of negligence claims, like negligence claims against the listing agent, carry a shorter statute of limitations.   Often times, we are able to allege both fraud and negligence as alternative theories of liability but it is always important to try to determine the seller’s or the seller’s agent’s knowledge level before initiating an action against either of them. One way to to determine the seller’s and seller’s agent’s knowledge is to look at

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Posted in Non-Disclosure, Purchase and Sale

Los Angeles Real Estate Attorney – 5 Things to Consider Before Suing for Specific Performance

As a Los Angeles real estate attorney, one of the more frequent types of cases we come across is a lawsuit for specific performance.  In the real estate context, a suit for specific performance generally is a lawsuit arising out of a purchase and sale dispute where a buyer or seller is suing the other party to perform under the terms of the purchase and sale contract.  The situations we see most frequently are those where the buyer would like to proceed with the purchase of a particular piece of real property but the seller is refusing to proceed with the sale.  These disputes typically arise after the purchase and sale agreement has been signed by all parties and during escrow. Here are 5 different

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Posted in Purchase and Sale, Real Estate Attorney Los Angeles, Specific Performance

Zachary D. Schorr’s Expert Appearance on the Dr. Phil Show

Zachary D. Schorr’s Expert Appearance on ABC’s Nightline

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Super Lawyers

Zachary Schorr Superlawyers

Zachary D. Schorr has been named to the Southern California Super Lawyers (Rising Stars) list for attorneys in Real Estate for 5 straight years - 2012, 2013, 2014, 2015 and 2016. Each year, no more than 2.5 percent of the lawyers in the state receive this honor. In 2016 he was also included as one of the top 100 lawyers in Southern California in this category. The selection for this respected list is made by the research team at Super Lawyers.

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If you are currently involved in a real estate dispute, either commercial real estate or residential, and are looking for a Real Estate Attorney in Los Angeles with a cost-effective, results oriented approach designed to meet your case's specific needs, contact the attorneys at Schorr Law. Our real estate firm has the specific knowledge and experience necessary to get you the best possible results.

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Zachary Schorr Avvo Client's Choice Award