4 Reasons To Hire A Real Estate Attorney

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Buying or selling a home can be a confusing and stressful process, especially if you have to do it alone or it's your first time. It's recommended that you get professional help so that everything goes as smoothly as possible. It's a good idea to hire a real estate attorney because they're experienced with the home selling and buying process. Take a look at the following information to better understand the reasons as to why you should hire a real estate attorney. 

Review All Contracts

Before signing a contract, you want to make sure that it's fair and legal. If you sign without first having an attorney review the document, you may not be getting the best deal, or may be getting taken advantage of. For example, you may pay closing costs, without actually realizing it. Any documents that require your signature should first be reviewed!

Negotiate on Your Behalf

If you're looking to purchase a home, you want to make sure that you get the best deal possible. By working with a real estate attorney, you may be able to get a lower accepted offer and your attorney may be able to negotiate other extras. This may include the seller paying closing costs or keeping the appliances in the home for you. It can be difficult to get results when negotiating without the help of a skilled attorney, which may mean that you will pay more for your new home. 

Make Sure Everything is Up to Code

When you buy a house, it's important to make sure that everything is up to code. This includes renovations that were made to the property after it was purchased. Your attorney will review property codes and look into the work that was done to the property to make sure that you're not setting yourself up for failure later, such as having to pay high fines.

Access to Other Professionals

Working with a real estate attorney also has another benefit. You will have access to other trusted and skilled real estate attorneys. Your attorney can recommend a home inspector or closing agent, for example. This can give you peace of mind so that you have less stress having to find the right professionals alone. 

As you can see, it pays to hire a real estate attorney. If you have any questions about the home buying or selling process, or if you're ready to discuss your own needs, contact a local real estate attorney like Levin & Levin, LLP - Attorneys at Law today. 

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24 August 2015

confusing terminology used in owner financing real estate contracts

Are you trying to buy a home using owner financing options? Do you know what you are reading when you read through the many pages of the contract? There are likely several terms in that contract that you don't understand. I know that when I read through the contract that I had signed, I had no idea what it said. Fortunately, I decided to take the contract to a real estate attorney to have it looked over. Had I not done that, I would never have caught the fact that I was getting seriously ripped off on the house and I would have signed the legal document locking me into the agreement. To learn the confusing terminology used in these documents, visit my website.