For Sale By Owner and Private Party Transactions

for sale by owner sign

Any property. Anywhere in California.

Real Estate Attorney Devin Lucas can facilitate your For Sale by Owner or private sale with ease and security throughout the State of California.

Using video conference, email, teleconference, mobile notaries, electronic signatures, electronic filings, and overnight delivery services, we can accomplished it all from virtually any location in the world.

We do countless For Sale by Owner, private sale and family sales throughout the state of California – it is a significant part of our business.

What We Do For You.

100 percent of our business is California residential real estate. We provide legal assistance and consultation for sellers, Trustees and buyers of real estate throughout California.

We prepare, review, discuss and explain all documents necessary including the purchase agreement, counter offers, seller disclosures, tax forms, any applicable seller notes and financing documents and all required documentation and can even electronically record title if no formal escrow is required.

If applicable, we coordinate inspections, appraisals, due diligence, termite and/or other repairs.

If a loan is involved, we work with the lender and a third-party title and escrow company (that the lender will require) and coordinate all aspects of the same to ensure a seamless transaction.

Confidentiality agreements and use of LLCs to further assure privacy can also be facilitated.

Everything you would anticipate from a five-star concierge service in based in Newport Beach, California.

What is For Sale By Owner.

“For sale by owner” can encompass many forms of selling real estate outside the traditional use of listing services and real estate agents. Real Estate Attorney Devin Lucas can serve to protect your interests in these transactions. This may be right for you as a seller, Trustee or buyer in certain situations.

We readily see the following examples, but there’s no limit to the unique situation you may have.

  • Selling to a tenant / Buying from a landlord
  • Selling to children / Buying from a parent
  • Selling to a family member / Buying from a family member
  • Selling to a friend / Buying from a friend
  • Selling to a neighbor / Buying from a neighbor
  • Selling to a co-worker / Buying from a co-worker
  • Selling to a co-owner or co-investor or partner, aka a “buy out” or “buy-out” or “buyout” agreement / Buying from a co-owner or co-investor or partner, aka a “buy out” or “buy-out” or “buyout” agreement
  • Selling to a flipper or investor / Buying from a flipper or investor
  • Selling to Zillow or other “investor home buyer” / Buying from Zillow or other “investor home seller”

Family Sales.

Selling to children? We are experts in California intra-family transactions, family gifting and family sales of real estate, utilizing all aspects of Proposition 13, Proposition 58, Proposition 60, Proposition 90 and Proposition 193 and new Proposition 19 to ensure the lowest tax consequence possible. Family Transactions discussed in depth here.

Any Property Anywhere in California.

We can facilitate and assist with any real property transaction in the state of California.

Using video conference, email, teleconference, mobile notaries, electronic signatures, electronic filings, and overnight delivery services, we can accomplished it all from virtually any location in the world.

We do countless For Sale by Owner, private sale and family sales throughout the state of California – it is a significant part of our business.

Assistance In Conjunction With Real Estate Agents and REALTORS®.

Already have a sale in-place? Perhaps even a contract? Thinking of selling to your tenant? Already in escrow with a REALTOR® but desire legal guidance and document review? We readily assist buyers and sellers navigate the legal complexities, document review and drafting involved in California Real Estate transactions, no matter who is the buyer.

Questions about a for sale by owner? – Paid one-hour Zoom consultations ($295) are conducted daily and address virtually all questions, options and tax implications and strategies. (Book a consultation here.) Consultation fees are applied towards any future for sale by owner transaction. Zoom consultations can, of course, be conducted from anywhere, including the comfort of your own home. While we are located in Newport Beach, California, we can assist with a for sale by owner transaction for real estate located anywhere throughout California.

  • One hour private Zoom sessions are available to discuss legal or tax questions about a For Sale By Owner transaction. Consultation fees ($295) are applied towards a sale or purchase if you proceed with our office – Schedule an appointment by clicking here.

Fair warning to sellers – countless advantages exist to traditional on-market sales (i.e. listing your home for sale on the open market, often with the use of a real estate broker and/or REALTOR®) to attract and achieve market-based top-dollar. That said, many situations exist where a private sale or for sale by owner is right for you.

If considering a traditional on-market sale (i.e. on the MLS, to maximize exposure) in the greater Newport Beach or Costa Mesa areas Lucas Real Estate – attorney Devin Lucas and CPA Courtney Lucas – offer five-star listing and buyer representation services including remodeling assistance, staging, and affiliation with the area’s leading luxury brokerage, Villa Real Estate. Please click here to learn more about our on-market five-star listing services; Please click here to learn more about our five-star buyer representation services.

Contact by phone or email anytime:

info@lucas-real-estate.com

949-478-1623