Planning on buying a home? Buying a home is one of the biggest – if not the biggest – life decision someone will make in their life. There is a lot on the line when you buy a home, which is why it is extremely important to ensure that all the decisions you make, paperwork you fill, and transactions you make are done properly. In order to ensure that this is all done properly, it is in any buyer’s best interest to hire a real estate lawyer who knows the ins and outs of real estate law.
A real estate lawyer can give you the help, guidance, and advice you need when buying a home. One simple mistake can cost a buyer a lot of money. This is why it is crucial to hire someone who can ensure that there are no mistakes in any of the paperwork or transactions.
Here’s why you need to hire a lawyer when buying a home.
A Lawyer Will Review all Legal Documents and Paperwork
A real estate lawyer can help review all the legal documents and paperwork associated with the sale of the home. This includes the agreement of purchase and the agreement of sale. They will also ensure property taxes are up to date.
Many people often underestimate the amount of paperwork and legal issues that come with selling and/or purchasing a home. It is absolutely crucial to have guidance from a professional to ensure that the paperwork associated with the purchase is accurate. One simple overlook on your part can result in a costly mistake. A real estate lawyer can ensure the purchase agreement addresses all issues and will also review the title search.
A real estate lawyer also assists with the most important part of the purchase and sale transaction — the closing papers. A lawyer can explain the closing costs and ensure that everything is properly executed. The closing process is also a very confusing one, which is why most people have a lawyer present. If you don’t have one, your rights could possibly be at risk.
Saves Time and Money
Many people believe that real estate lawyers will cost them more money at the end of the day, but hiring a lawyer can actually save you both money and time. If you make any type of mistake while reviewing or overlooking the paperwork, or simply don’t know your rights, it could cost you money. Hiring a real estate lawyer can help you avoid this altogether — not to mention the fact that most real estate lawyers are reasonably priced.
Contact Pefanis Horvath Today for All Your Real Estate Law Needs Today
A home is the largest investment most people will ever make in their lives. Don’t take the risk of making a costly mistake that could result in another expense. At Pefanis Horvath, we understand the stress that can come with buying or selling a home. We ensure that when our clients make the biggest purchase of their life, the process goes as smooth as possible. We handle residential and commercial real estate sales and purchases, can give you advice on legal risks, and will work alongside you and your real estate agent to ensure a smooth transaction process. If you are considering buying a home, don’t risk making any mistakes. Contact us today so we can help.