Best Wichita, KS Real Estate Lawyers

Wichita, KS Real Estate FAQs

• What is the non-emergency contact number for the local police station in Wichita, Kansas?

  For non-urgent concerns, you can reach the local police station at the following numbers:

  • Wichita Police Patrol North (316) 350-3400
  • Wichita Police Patrol South (316) 350-3440
  • Wichita Police Patrol East (316) 350-3420
  • Wichita Police Patrol West (316) 350-3460

• Where can I get a copy of police reports for incidents related to my case in Wichita, Kansas?

  You can acquire a copy of the police report by mail. You must include information like incident/case number, full name, DOB, SSN of the person(s) involved, and other relevant info. Mail requests to Wichita Police Department at Accident and Theft, 5TH Floor, 455 N. Main in Wichita. You can also phone in requests by calling (316) 268-4186.

• What should you think about if you want to sell your residential real estate in Wichita?

  Before you put your Wichita home on the market, you must obtain a seller-oriented purchase contract. Select a purchase price, a closing date, and contract contingencies. Determine your earnest money and title business needs. Earnest money should be 2% to 5% of the asking price. Along with the contract terms, you must include a property disclosure sheet for potential buyers. Any known flaws should be listed in this document. To avoid future legal issues, you must disclose a flaw.

• What conditions are frequently asked for by buyers in Wichita residential real estate deals?

  Financing is the most common contingency for Wichita buyers. Within 3 to 5 days of contract execution, they should apply for financing, mentioning the buyer's interest rate and loan type. Another unfavorable scenario for sellers is a delayed closing. To mitigate the impact, sellers will be allowed to continue selling the property, giving the buyer a limited time to decide if they want to buy if another offer comes in.

• What does a real estate contract's attorney review period entail in Wichita?

  Wichita abides by Kansas law, which does not require an attorney review period. However, it must be specified and agreed upon in the real estate contract to have an attorney review period in Kansas. An attorney review period allows a third party to examine the contract's specific terms. The average attorney evaluation period is five business days after the initial contract is signed. During the five days, your lawyer must determine whether to approve, reject, or negotiate to modify the contract.

• What happens if no earnest money is paid when signing a real estate contract in Wichita?

  In Wichita, the absence of an earnest money deposit does not invalidate an agreement to purchase the property. Earnest money is usually a deposit made in good faith, although it is not required to create a legally binding contract. A real estate contract must be comprehensive and include all required information to be considered valid and enforceable. The buyer, seller, and any agents or brokers participating in the transaction must sign the contract.

• What does a Wichita real estate attorney do when purchasing or selling a home?

  Generally, a real estate attorney's role in Wichita is to serve as a negotiator between the parties involved in a transaction and to ensure that the final agreement is mutually accepted. After a contract is signed, a real estate lawyer will review the transaction. The lawyer, real estate agent, and sometimes a loan representative attend the closing to resolve any last-minute issues. They also handle before, during, and after real estate transaction issues. Furthermore, they can advise clients on home buying and renting.