When Buying a Property, Ensure You Have an Attorney Present to Represent Your Interests

While securing a real estate attorney when buying a home can add thousands of dollars to your transaction, it is always money well spent to make sure your interests are being represented during the closing.

One area where a real estate attorney is necessary is when drawing up the contract, as the buying and selling of the house transaction must be documented in a legally binding contract. Your attorney will review the contract, making sure there are no issues that will impact the client and also ensure the transaction follows all state laws.

A real estate attorney can also help you negotiate repairs with the sellers based on the outcome of the home inspection report. What if you find out the air conditioner is no longer working? Or the washing machine? Or the roof has some serious issues? Your attorney will make sure the repairs are done by the seller, or that the asking price is adjusted to compensate for the results of the inspection.

You also need your real estate attorney to do a title search to make sure the property in question has no liens or judgments again it. This is extremely important because this search determines whether or not the person trying to sell the house has the legal right to do so.

There are often other requirements for a real estate attorney, such as filing deeds, among other things. Having a professional, knowledgeable real estate attorney to represent you when buying a home can reassure you that there is someone looking out for your best interests during the complex process of house buying.

While you always hope the real estate transaction of buying your home will be standard and problem free, when something does come up you will be glad to have an experienced attorney’s guidance. What if during the transaction you find out the in-law suite in the home you are buying was added illegally? What if you discover you are buying a property that could potentially have structural issues? Are you buying a short sale property and have questions about the process?

These questions and other issues should only be answered by a knowledgeable attorney in the state you are buying the home. Our goal, at Reinfeld & Cabrera, P.A., is to represent our client through an uneventful transaction.