Good Reasons to Consult a Real Estate Lawyer

by | Nov 29, 2016 | Personal Injury Attorney

Typically, a residential real estate transaction proceeds very smoothly. Once an individual or couple qualifies for financing and finds a home they love, there are usually only a few minor hurdles to navigate before they can get their keys and move into the new house. An experienced real estate agent is usually qualified to support their client through the process. However, there are some cases where a home buyer needs more than a real estate agent can offer. In those cases, it might be beneficial to consider hiring a real estate lawyer.

While a family might feel like hiring a lawyer is an unnecessary expense, doing so could actually help a home buyer save money on the transaction. A lawyer might be a valuable resource for looking over contracts to ensure the buyer’s rights are protected. If work needs to be done on the property prior to the sale being completed, an attorney might make suggestions for handling the situation, which could include asking for concessions or even backing out of the deal if it isn’t in the buyer’s best interest. Because contracts are involved, it’s always best to consult a real estate lawyer before attempting to cancel.

A lawyer may help a client identify a bad situation when their mind is clouded by the excitement of purchasing their dream home. Although the vast majority of sellers and agents are honest people who only want to complete a real estate transaction, there are some that provide misinformation or neglect to tell buyers important things about the property. A lawyer may be able to uncover hidden defects and ensure a client doesn’t make a deal that results in heartache for them down the road.

Before entering into a questionable real estate contract, contact The Law Offices of Elan Wurtzel to have a lawyer look over the paperwork and offer advice on how to proceed. Whether this results in a great deal or having to look for another house, the money spent on a legal consultation pays for itself more often than not. A home is too big an investment for a buyer to not get legal advice.

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