Legal Support for Relocating Employees Buying a Home
Are your relocating employees buying a home in their new city? Are they moving to an area that’s completely unfamiliar to them?
The relocation industry was built to solve a business need: helping employees get to the locations where their skills and knowledge are most valuable to the company. Over time, relocation programs have focused on getting employees to their new destinations as smoothly as possible, often including home sale programs that help employees sell their current home while maximizing tax protection for both the employee and the employer.
But what happens after the move?
When an employee, often with their entire family in tow, arrives in an unfamiliar city, who helps them navigate the local real estate market? Is it the relocation counselor? How do they connect with trusted local brokers and real estate professionals?
That’s where Morreale Real Estate Services and Morreale, Brady & Malone step in.
Legal Guidance for a Confusing Process
Between our on-staff attorneys and our nationwide network of experienced real estate brokers, title service providers, mortgage lenders, and specialized vendors (like inspection, storage, and moving companies), we help relocating employees make sense of the local real estate landscape.
We provide legal guidance and connect them with trained professionals who understand the challenges of relocation. The goal is simple: reduce stress and give your employees clarity as they buy a home in a new location.
Real Estate Varies by State—Legal Help Matters
Real estate customs vary greatly from state to state. If you have a relocating employee purchasing a home, it only makes sense to offer legal support along the way. After all, a home purchase is often the single biggest investment a family makes.
We offer the following services to help your relocating employees through that process:
- Reviewing individual relocation policies and guidelines
- Counseling on what’s normal and customary in real estate practices
- Performing contract reviews and assisting with the negotiation of terms
- Conducting title reviews and offering curative assistance
- Coordinating broker services, including review of broker compensation agreements
- Coordinating settlement services (when purchasers have a choice) and reviewing settlement statements before closing
- Assistance in obtaining direct billing credits and closing cost reimbursements
Local Attorneys When Needed
In states where legal counsel is typically part of the real estate closing process, we’ll refer your employee to a trusted local attorney, someone vetted to ensure they understand the specific needs of relocating families.
In states where attorneys aren’t usually involved, our team still provides legal guidance by reviewing contracts, mortgage terms, and closing figures ahead of settlement to serve as another set of eyes.
Consistency from Start to Finish
Our goal is to ensure relocating employees receive the same level of support during their home purchase as they do during their home sale. We aim to provide legal clarity and peace of mind, so families feel confident about settling into their new communities.
If we can be of assistance to you or your relocating employees, please don’t hesitate to contact us at 630-790-6300 or destination@morrealelaw.com.
Written by:
Joan M. Brady, SCRP, GMS
Partner/Attorney, Morreale, Brady & Malone, P.C.