Buying a home is one of the most significant investments you will ever make. Given everything that’s on the line, it’s confounding how many people agree to buy a home without having legal counsel on their side. Having an attorney in your corner can help ensure a smooth transaction and may help avoid potentially costly legal disputes.
Isn’t my real estate agent looking out for my interests?
Real estate agents perform a valuable service for homebuyers. They understand how to find homes that match your budget and can help get all of the necessary paperwork in order. However, they cannot provide you with legal advice or provide you with representation should problems occur.
The devil is in the details
Names and addresses may change, but for the most part, purchase and sale agreements are made up of the same form language. A real estate closing can involve hours of providing signatures, and that’s without taking the time to read the documents you’re signing.
An attorney can review the paperwork to ensure that there are no unclear are vague terms that could lead to future disputes. A legal professional can also help with title searches. Few things are more unpleasant than discovering there’s an encumbrance on land you thought you owned free and clear.
Ensure your interests are protected
There are numerous benefits to working with a legal professional when you are thinking about buying a home. The expense of not hiring an attorney can prove costly if you encounter a problem with your home after you have completed the purchase. A substantial investment demands that you protect your valuable interests.