While buying or selling a home can be an exciting prospect, the process itself can be pretty intimidating. Real estate transactions are not as straightforward as just buying things at a store and involve a good deal of careful negotiation and important legal paperwork. Because of this, we at Jones, Childers, Donaldson & Webb, PLLC, encourage all of our clients to hire a professional real estate lawyer to help make their buying/selling process easier. In this article, we’ll go over a few of the reasons why hiring a real estate lawyer is a good idea and how our team can help you.
- Cover Your Bases. One reason to hire a real estate lawyer when buying or selling a home is that it is always a good idea to cover your bases, legally speaking. For instance, a lawyer can help you avoid signing a brokerage agreement that leaves you liable to pay unnecessary commissions fees. Our team here at Jones, Childers, Donaldson & Webb, PLLC wants to help you get the best outcome from your real estate transaction, and we have the right experience to help you sidestep any potential issues.
- Help with Purchase Agreements. Another reason to work with a real estate lawyer is that they can help you with your purchase agreement. This is the single most important document in the transaction, and it should address a number of different questions, such as what happens if a home inspection reveals asbestos or other hazards, or what happens to the down payment if the sale falls through at the last minute. Again, our team wants to help you get the best outcome from this transaction, and we will make sure your interests are represented in your purchase agreement.
- Make Closing Go Faster. Lastly, a real estate lawyer is enormously helpful during the closing process. Our team at Jones, Childers, Donaldson & Webb, PLLC will make sure that the deed and all other necessary documents are prepared correctly and are ready to go. We’ll also make sure that all parties understand their roles and responsibilities after the title transfers to the buyer so that there are no surprises.