What Distinguishes Borchers Law Group for Buyers and Sellers?

Prompt Review of your Agreement...When you are in the midst of a P&S negotiation, you need quick turn-around on review of the agreement.

Education on the Issues... As much as possible, we want our clients to be well informed - surprises are all too commonplace in closings and, by and large, are the result of poor preparation. While we can't prepare you for every eventuality, we can give you the benefit of our experience by providng you with checklists, documents and estimated closing figures early in the process.

Accessibility and Experience...  Attorney Tim Borchers and Attorney Susan Blum are available to take your call. Having closed hundreds of deals, they know what the issues are. They are prepared to go the extra mile to be sure your unique problems are addressed promptly. Paula Nolan, Real Estate paralegal, is experienced and knowledgeable in the field. She is a steady, calming influence when you are trying to deal with the sometimes irksome details of your closing.

Written Fee Arrangements...  Our services are performed for a flat fee pursuant to written fee agreements. Typical fees are going to be: Basic P&S review and advice is $395. Negotiations and amending P&S add $100-$150 per issue addressed. Closing preparation and attendance is $350-$400. Buyers: When representing your lender (pursuant to written agreement with you) our fees for closing will be those quoted by the lender.

The Role of the Attorney in the Real Estate Transaction:

Advice: Draw on the attorney's knowledge, experience and expertise. The attorney can help you to grasp the "big picture" of the deal you are about to enter - the legal requirements; the closing process; the contracts; the loan documents; simultaneously selling (or renting) and buying.

Contract Review: Do not rely on the standard contract. Allow the attorney to advise you of changes to the standard agreement that are appropriate to your needs but that are not so strong that they "kill" an otherwise good deal. Let the attorney apply his or her knowledge of the law and deal-making to your particular curcumstances.

Negotiation: Some terms of your Purchase and Sale Agreement will require careful negotiation and drafting. (Use and occupancy arrangements, tax-deferred exchange, repairs and septic installation are a few examples.) Sometimes it takes real creativity.

Preparation for Closing: "Due Diligence" (title work, preparation of closing documents and settlement statement) and assistance with problems and questions as they arise.

Closing: Your attorney can attend the closing with you or prepare you for the closing (or, in some cases, attend on your behalf).

Affiliation with your Lender: You may (or may not) want an attorney who can close for your lender so that you do not have two attorneys to work with (and two fees to pay). It is rare, but you should not hire the lender's lawyer as your personal attorney if you (or the lawyer) see a blatant conflict of interest.

Commercial Practice:  Our commercial lending team understands the landscape of complex transactions, assisting the commercial lender in addressing the legal issues associated with the transaction.