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Don't take risks: Use a real estate when you buy or sell property

If you talk to anyone who has completed a real estate purchase or closing with the assistance of an attorney, they will probably agree that having an attorney help with the process is recommended. However, they might not know exactly what's at risk of happening without an attorney by your side.

If you don't contract a lawyer to help you navigate the in's and out's of your real estate purchase or sale, you increase the chances that you could later get sued by the other party relating to disclosure failures.

For example, you're legally required to disclose all pertinent information that could affect the buyer's decision to purchase a property. The attorney will assume the important responsibility of reviewing and inspecting your property to make sure that every relevant fact has been disclosed to the purchaser. Furthermore, if you're the buyer, your attorney will know what problems to look for and leave no stone unturned until you know exactly what you're buying.

A lawyer will not be able to fully protect you from all risks of litigation after a real estate transaction, but having legal representation will mitigate those risks as much as possible.

In addition to the above, your attorney will file all appropriate documents at both the county and state level to ensure that your transaction is above-board in all respects. This will prevent problems related to the transfer of deed and help ensure you have a clear title. Your lawyer will also help prevent or resolve issues and problems relating to any taxes or liens owed on the property. A lawyer is also best suited to spot and handle defects in a property's title.

If you'd like to know more about how a real estate attorney can help in your particular property transaction, contact our offices now for a complete evaluation.

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