August Unite Page 12
Do You Need a Lawyer When You Buy or Sell a House? By Sativa Boatman-Sloan, Attorney at Law
vitally important that you read the terms and pay particular attention to the time frames set In most circumstances, a forth in the contract. If time realtor is involved in the proframes are missed, it can result cess, so you may not need a in being stuck with certain lawyer. However, every contract terms you did transaction should not want or even in include the creation of your contract falling a real estate contract through. between the buyers and There may also sellers. The real estate be instances in which contract consists of a realtor will not be the purchase and sale involved, so it would Sativa Sloan terms between the parbe necessary to hire an ties. Most home sales involve a attorney to prepare the real realtor who uses the standard estate contract. It is important real estate sales contract for the to understand that since the Missouri county in which the attorney will represent the best property is located. interests of the party who hired Since each contract differs them, both sides of the contract depending on your location, it is would be wise to seek legal
advice from their own separate attorneys. Additionally, the economy has created more situations in which people enter into non-traditional sales of real estate. Instead of selling a property to a buyer who obtains a traditional loan from a lending institution, owners are being forced to find alternative solutions for buyers. There are many factors to consider. One increasingly popular option is a lease-purchase. It consists of a standard Lease Agreement with some portion or all of the monthly lease payment being applied to the purchase price if the buyer ultimately follows through with purchasing the property. An
Option to Purchase Agreement accompanies the transaction setting forth the terms for the buyer to purchase if they timely exercise their rights under the option. A lease-purchase is usually the best for sellers since it is the easiest way to evict the buyer if they fall behind on payments. It can also be good for buyers when there is not a large down payment and the buyer expects to have better credit in the future to obtain a traditional loan. The best option for you depends on the circumstances of your transaction and whether you are the buyer or seller. Consulting with a lawyer in these situations is vital to determine which option best protects your interests.
Share What You Love About The Unite Publication With Your Friends & Family. Unite enriches lives and connects you with diverse news about your community you can trust and count on. Unite is now available online at unitenewsonline.org Have the Unite Publication delivered to your home or office for only $25. per year. Call: (417) 864-7444
August 2018 Volume 28/ Number 8 • A Monthly Publication by Unite of Southwest Missouri, Inc •
www.unitenewsonline.org
NewsOnline
Building Empowering Connections In Our Diverse Community
See Photos on Page 6
Building Empowering Connections In Our Diverse Community
The Rev. Harold Ewell II is appointed new pastor at Pitts Chapel UMC
Rev. Harold Ewell II See details on Page 4
African-American Heritage Trail to be unveiled at ParkDay Springfield, MO— The organizers of Springfield’s African American Heritage Trail project will unveil an artist’s rendering of the trail’s first marker at the annual Park Day Reunion Aug. 3 at Silver Springs Park, which is celebrating its 100th anniversary. The ceremony will take place around 1 p.m. at Silver Springs Park, on the greenway near the basketball courts. Continued on Page 9
UNITE.
UNITE.
See Photos from the 2018 Black History Summer Academy
2018 ParkDay Weekend Is Here!
Springfield, MO— The ParkDay Reunion Weekend celebration is one of the longest run African American events in Springfield, Missouri. The reunion was termed Park Day in 1952 when a day of games was organized by Gerald Brooks, a teacher at the all-black Lincoln High School, and Robert Wendell Duncan, a Silver Springs Park supervisor. Silver Springs Park,
Springfield's only public park the Lamplighter Inn North with open to black residents during a Hospitality Event. On Satursegregation is where day there will be Tennis and most of the celebration Bowling tournaments along y a will take place. This with a Parade, and a Picnic kD Par dule year, the tradition in Silver Springs Park, che 2 S e continues with a followed by a Dance that Pag weekend full schedevening. The weekend celule of activities for the bration will wrap up Sunday entire family. All of the events afternoon with a Gospel concert all open to the public. in the park and the Miss Silver continued on page 9 The weekend will kick off at
Celebrating the Legacy: Commemorating the 100th Birthday of the Rev. Oliver Brown Springfield, MO— The daughter of the late Rev. Oliver Brown will join Springfield community leaders and Drury University officials on August 19, as Drury host a special public event dedicated to the civil rights leader and local pastor who was the namesake of the landmark 1954 U.S. Supreme Court decision ending racial segregation in American schools. "Celebrating the Legacy: Commemorating the 100th Birthday of Rev. Oliver Brown" will take
place from 4 to 6 p.m. on Sunday, August 19. The event will begin in the Central High School Rev. Oliver Brown atrium with a series of speakers, including Brown's daughter Cheryl Brown Ferguson. Following the program, the event will move one block away to Benton Avenue African Methodist Episcopal (A.M.E.)
Benton Avenue AME Church
Church, where Brown was pastor from 1959 until his death continued on page 9