Some of you reading this may think that you can sell your home without a licensed real estate lawyer, but that isn’t the case at all. Lawyers are there to ensure that your selling process is a seamless one by providing you with counsel and the legal power required to certify certain documents.
If you’ve ever gone through this process in the past you already know how important the role of a
real estate lawyer is in everything. But, if this is your first time, allow us to guide you through the process properly.
You may be wondering, what does a real estate lawyer do? If so, read on. You’ll learn why a real estate lawyer is an absolute must if you plan on selling or buying a house.
Examining Title to the Property
Lawyers will always help you examine the title of your property before the sale, as it’s important to know that the home has been officially transferred to you. This applies whether you’re buying or selling a property, as any sort of liens, easements, or restrictive covenants need to be considered. Mortgage and title fraud are also running rampant these days, and a reliable lawyer can protect you from that with ease.
Review the Agreement of Sale and Other Legal Documents Before You Sign
Having a real estate lawyer that understands the intricacies of the industry is always smart. All of the other legal documents associated with your transaction will also be looked over to ensure that nothing was missed.
The real estate lawyer is there first and foremost to make sure that the transaction between seller and buyer is legal. Often, the legal documents and agreements that come with a sale are complex. As a result, you need someone who is looking out for your best interests who can make sure there is nothing you have overlooked that might disadvantage you or even get you into trouble.
Assist You With Negotiations of the Terms and Conditions
Selling a house means dealing with important investment and you want to get the best results possible, which is why consulting dedicated professionals is always going to serve you best. If you are not using a real estate agent, a real estate lawyer can help you set parameters when it comes to price, as well as figure out the most optimal terms/conditions.
Ideally, any sale would go exactly as planned, with the buyer taking into account the seller’s needs and boundaries. However, this is not always the case.
These negotiations can get emotional. A real estate lawyer can advocate for your best interest from the perspective of what is lawfully within your rights. This not only means that you will get the best deal possible, but it means that you will avoid possible negative consequences from bargaining without the knowledge of a legal professional.
Exchange Legal Documents and Keys With the Buyer’s Lawyer
Exchanging legal documents and keys is the last step to officially transferring your home to the new owner, and it’s a process that needs to be overseen by real estate lawyers. Leaving such an important task in the hands of someone who has no experience with this process can lead to trouble that may prevent you from finally selling your home.
Want to Get Started? Call Us Today!
If you need a real estate law service that’s going to provide you with reliable counsel, proper documentation, and anything else you need while selling or buying a home, Sinclair Law Office has you covered.
Give us a call today at 780-229-3533 or fill out our
contact form and wait for one of our representatives to reach out.
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