Getting A Residential Real Estate Attorney – A Must Have When Buying A Home
If you are in the market for a new home a residential real estate attorney is a must have. You can roll the dice and try to purchase a home without one, but I can not stress to you enough how dangerous this is. Not only are you risking severe financial cost, you could potentially lose the home completely. There are several things that a residential real estate attorney can do that only a residential real estate attorney can handle. I would suggest looking to find a real estate attorney and talking to them yourself. Short of that you can read on to get some of the highlights of things that they can do for you.
Residential Real Estate Attorney Functions
The first thing they do is make the closing process as painless as possible. They will be in your corner every step of the way helping you to get through the actual day of close with as little bumps as possible. Closing is the most dangerous time for completing a home sale transaction and many times deals can go south at the last second costing the purchaser thousands of dollars in up front money. With a residential real estate attorney present you can try to avoid these issues and make the sale go through.
A residential real estate attorney can protect you by making sure that all of the documents that are being presented to you are correct and accurate so that nothing can happen to cause the deal to fall through or worse yet cost you money on top of your expected investment. A specialized residential real estate attorney can help you by having a keen eye for anything that could be out of place in the documents. Most times they will be able to pick up on the stuff right away and have a trained eye in what to look for.
In addition they will be able to file all the documents for you at the local court house to make absolutely sure that the title transfer is recorded and goes through smoothly. Again this can cause a huge problem and in some cases can cause major damage if checks have already been cut and need to be adjusted. This is the important part of closing on a house that most home owners, at least those with lawyers, never have anything to do with. The truth is that there are many things that can and sometimes do go wrong, but when you have a knowledgeable party that can work through them you are much more likely to see your deal succeed.