How A Real Estate Attorney Can Protect Your Investment
Disclosure: Sponsored post. All opinions are 100% my own.
Buying a home is a huge step! For those of who have made it to the point of buying your own home, every care should be taken to protect that investment. We think of our homes as the homey, cozy place we want to live, but they really are one of the biggest investments we can make.
When buying a home, most people work with a real estate agent. These professionals are highly trained to help us walk through the process smoothly. But, sometimes things can go wrong. There may be an innocent mistake or a fraudulent problem. As they say, an ounce of prevention is worth more than a pound of cure. Preventing real estate complications is definitely worth it.
Real estate attorneys know the laws surrounding a home purchase. Many lawyers work in real estate and many other fields, but you can ask around and find one who is highly reputable.
Have you ever read a contract? Real estate contracts are long and filled with legal terminology that can be very misleading. If you have an attorney they can read all the contracts and look for any potential problems. They can then discuss any questions or red flags. This can prevent the buyer from signing a contract that will ruin their future.
It helps to look for a real estate attorney with plenty of experience in this area of law. Practicing as a real estate attorney may see many changes over time. The longer the attorney has been in practice, the more people he will have represented. He’ll be wise to the red flags that may pop up in your purchase.
Some properties may have foundational issues, need repairs, be in foreclosure, etc. In some states, a buyer is required to have a real estate attorney. If a house is part of an estate or a divorce, a real estate attorney will be very important. It’s a wise financial expense.
You’ll feel confident going in to your closing with a real estate attorney. It can be unnerving to hand over that check and signing the papers. Your attorney will protect your interests.
@2022, copyright Lisa Ehrman
- Lisa has been blogging since 2013, and loves sharing resources and ideas for living a simple life. To get free printables, bonus words, and more - sign up for the newsletter.
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Really great advice as always! Thanks for sharing!
INFORMATIVE AND PERTINANT. THANK YOU.