When buying or selling a property, most people work with a real estate agent. But if you're not familiar with the buying or selling process, it may be in your best interest to also hire a real estate attorney to assist you with your transaction. There are several reasons to hire a real estate attorney when buying or selling property, such as:
Protect your Rights
Buying or selling real estate is typically a very large financial transaction. Whether you're buying a house or selling one, it is important to have someone whose main job is to protect your rights and look out for your interests. When you hire a real estate attorney, he or she will oversee the entire process to ensure that enter into any type of legal contract that may not be advantageous. Working with a real estate attorney while buying or selling property will give you the peace of mind of knowing that someone is guiding you and ensuring that everything goes right.
Access to a Property Law Expert
A real estate attorney will have a deep understanding of all federal, state, and local property laws. If you're buying a property, your attorney will conduct a title search to ensure that the person selling a property is the legal owner and able to do so. Your attorney will also run a search to determine if a property you are interested in buying has any liens placed against it. When you're selling a property, your attorney will understand the legal requirements for transferring property and filing the proper documentation with government offices.
Putting in an offer on a house or accepting an offer on your home that is for sale is just the beginning of a lot of documentation and paperwork. If you have an attorney assisting you, he or she will be able to review all documents and contracts to ensure that they adhere to the real estate laws in your area and also offer you protection in the event that the sale falls through.
Assist with Closing
Closing on a home purchase or sale can be very exciting, but it also involves a ton of paperwork and a lot of signatures. You should never blindly sign your name at closing without knowing what you are signing off on. Your real estate attorney will be able to explain what each page says so you have a complete understanding of what you are signing.Share
10 October 2017
Hi there, my name is Mindy Simmons. Welcome to my website about real estate attorney services. When I found out that I had to move for my job, I immediately started looking for a way to manage my homebuying and selling activities. Since I had to focus the bulk of my attention on my new job, I enlisted the help of a real estate attorney to help me out. With this professional by my side, I did not have to worry about erroneous paperwork or other dire problems. I created this website to help others understand the services offered by real estate attorneys everywhere. Thanks.