The buying and selling of a house can be tough. It’s a long, drawn-out process that is bogged down by paperwork, commissions, and plenty of legal jargon. If you’re a first-time home-buyer, then chances are you’re even more confused and overwhelmed. Even more so, you’ve likely heard talk of real estate attorneys and how expensive hiring one can be today. Do you need a real estate attorney to buy a home? It’s a question that many buyers ponder over and over. Let’s dive in and see what a real estate attorney can do for you!
source:gundersonfirm.com
Do You Legally Need an Attorney?
Well, no, the law does not require you to hire a real estate attorney. Most often, a real estate agent will help with any issues that arise that are borderline legal. For instance, a real estate agent will handle the preparation of a purchase contract.
If you want more thorough services and better results, then a lawyer can prepare the purchase documents, perform a thorough title search, and handle the closing.
Why You Should Hire an Attorney
Buying a home is an incredibly complex matter. Most people find that working with a real estate agent is the best option. But then comes the paperwork. It buries you. It is often helpful to have someone familiar with the real estate process who can navigate the piles of paperwork. Then, there are other parts of the home-buying process, such as hiring an inspector, negotiating repairs, and ensuring good relations with the seller. These matters can benefit from a real estate attorney.
source:refqh.com
Questions to Ask a Real Estate Attorney
If you do decide to hire a real estate attorney for your home-buying process, here are a few questions that can help make the process easier:
- How long have you been practicing? – Perhaps one of the most important questions to ask, as you want an experienced attorney in the field.
- Have you handled similar cases to mine? – You may find that the situation is unique. Perhaps you are working as a contractor and so don’t have a W2, an attorney can help navigate these waters.
- What are your fees? – Of course, an attorney expects to be paid for their expertise and services. You’ll want to know what they charge and what you get for that money.
- Is anyone else working on my case? – Depending on the size of the law firm, you may wind up with another attorney altogether. You’ll want to know who is working your real estate case.
- Do you have any references? – An experienced attorney should have former clients and references to provide you with some insight into how they operate.
source:gundersonfirm.com
As you can see, hiring a real estate attorney has its benefits. You may find their legal expertise is necessary to move the process along. If you’re looking for a real estate attorney or if you want to learn more about this topic, feel free to visit this website.
