Why You Need a Real Estate Attorney

Buying a property or selling it is one way of investing in the real estate market. But what most homeowners and investors do not know is that some of the pitfalls they encounter could easily be avoided with the help of a real estate attorney. There are numerous other benefits associated with hiring the professional help of a lawyer, which people take for granted. Here are some 4 reasons why a real estate attorney is the right decision for you.

Due diligence

One of the mistakes which most property buyers make is relying solely on the information given to them by the seller. While this may be alright in some cases, for example, where you are dealing with a trusted family member or close friend, sometimes things might turn nasty. Some people get defrauded and end up losing lots of money. A real estate attorney can help you conduct effective due diligence on the title of the property you wish to purchase. Working with a team of lawyers who have the knowledge and connections to make this happen is ideal.

Drafting of documents

Real estate contracts are some of the most complex ones around. They are not only packed with legalese but they can also be lengthy and confusing to a layman. Whether you are a buyer or seller, you will benefit from the drafting skills of a good real estate attorney. The team at Stone & Sallus Law not only review contracts that you may wish to enter into, but they can also draft one for you from scratch.

Contract interpretation

Contracts are not only complex to draft and review but are also complex to understand. With the help of a real estate attorney, you can be able to understand what you are getting into because they will break it down to you in simple language. It is important to have your lawyer review your real estate contracts before you sign them and legally bind yourself.

Certification of documents

Unlike real estate agents, real estate attorneys have the power to not only prepare documents but also sign them and certify them on your behalf. The process of buying or selling a property can take time and involve a lot of documents. They will help you prepare, certify and keep records of all of them until you close the process.

Working with a real estate attorney is one of the most fulfilling things you will ever do as a property buyer or seller.