Looking to purchase a residential investment (rental) property?
Macon, Jackson, Swain and Clay Counties offer homes from apartments, condos and simple cabins in the woods to million dollar mansions that are perfect for you can use as income producing property. Many local properties are being rented through various web companies and through local and regional management companies. Each town offers different experiences and rental price ranges, from Franklin, Otto, Highlands and Nantahala in Macon County, to Sylva, Cullowhee, Lake Glenville and Cashiers in Jackson County, to Bryson City, Nantahala Gorge and Almond in Swain County or Hayesville and Brasstown in Clay County. There are many experienced Realtors® in the area to assist you make the perfect choice for investment rental property. We can work with your Realtor® to make sure your purchase brings in all the profits and benefits without the pitfalls that can create headaches or bankruptcy. Purchases of residential investment (rental) property should not the considered the same as a simple residential purchase.
Why should you discuss your purchase with an attorney prior to signing a contract?
We will work to represent your legal rights. We’ve represented many sellers and buyers to prepare contracts as well as reviewing contracts prior to signing, and we can act as the “glue” to hold the deal together by working with you, your Realtor®, and your Lender. We make sure the property you expect to purchase is a property that can be used for rental property. We can assist you with incorporation and/or registration to minimize personal liability.
Every client is invited to have an initial meeting or phone conference to ask questions and find out what they can expect during the closing process. Realtors and lenders can expect timely, personal and friendly service. We take pride in promptly and thoroughly provide a commercial title search, which is much more inclusive than a residential search, and can include looking at past income and expenses from rentals, city and county zoning and regulation compliance, as well as the more standard title search. We know where to look for potential problems, and we know how to fix them. We know how to keep your Realtor® insurance agent and lender happy, how to keep your money and confidential information secure, how to keep your personal liability minimal, and how to make sure you close on time.
Gillette Law offers discounts to both the buyer and seller when both use Gillette Law as their closing agent. We also offer discounts for veterans.
We offer a very competitive hourly fee,
What if you currently own the property and want to start renting it for extra income?
You might be in for a shock if you rent your home and renters incur damage or worse, bring a lawsuit against you if something happens to them during their time in your home. Will your homeowner’s insurance cover the damage? Could you lose your personal assets to pay for damages? Are you personally liable in the lawsuit? Call Gillette Law to find out what you can do to protect yourself and your property if you want to rent your property for a weekend, week month or year.
The Gillette Law Promise
We will give you the best service possible. We will do our best to get to know you. We are here to answer your questions promptly. We will work around your schedule and your priorities. We will work with your Lender and Realtor® to make your transaction as smooth as possible.
We will complete your transaction correctly the first time. Although your property is as “old as the hills”, the laws about buying and selling real estate change frequently. Every member of our staff attends classes and conferences every year to stay up-to-date on changes in laws, rules and regulations that may affect your transaction.
We will protect your property and your interests. We will research your property diligently, thoroughly and quickly. We know where to look for title and liability issues, and we know how to fix them, so you will not find unpleasant surprises months or years down the road.
We will protect your money and your confidential information. We use encrypted email and a secure internet portal for all information about your transaction. We confirm every check or wire to make sure your money does not end up in the hands of fraudsters.
Give Gillette Law a call, and let us represent you to close your residential investment (rental) real estate in Franklin, Otto, Highlands, Cashiers, Cullowhee, Sylva, Cherokee, Hayesville or Bryson City in Macon, Jackson, Clay or Swain County.