Depending on where you live, or where you are looking to buy a house, you may or may not need a real estate attorney by your side. Some states require attorneys to be involved in all real estate transactions while others leave it up to the buyer or seller’s discretion.
Most of the time it is required to have attorney representation at real estate closings to manage the complexities of the process. With many years of real estate law experience, The Povman Law Firm has the knowledge and resources needed to help you buy a new home or refinance one you already own.
Real estate attorney handle:
Contractual Negotiations. You may have no difficulties speaking with the seller and negotiating the price of the home; however, a real estate attorney can ensure that your contract is valid, sound, and legally binding. An attorney can also negotiate repairs found by the inspector that the seller may need to handle before handing over the property.
Title Searches. Before signing on the dotted line, it is imperative that you do your research on the title of your soon-to-be property. Working with an experienced attorney is the best way to uncover any possible liens or judgments that may exist. If there is a lien or judgment on the property, the seller may not have the legal right to sell the property and you may fall victim to an improper and invalid sale.
Filing the Deed. This is another technical detail that must be done properly for the transaction to be completed and the new owner to be recognized. Deeds typically need to be filed at both the county and state level. A real estate lawyer will also be knowledgeable about any construction regulations that may exist in that area and can help you properly navigate these laws.
At The Povman Law Firm, we want to reduce your stress by navigating the complex world of real estate transactions in a timely and efficient manner. For more information on our services, give us a call today.
By The Povman Law Firm
September 27, 2021