Buying a house is often a momentous occasion, but it can feel like a terrifying ordeal, too, especially to first-time buyers. Buying a home is a legal transfer of property from one entity to another and can be a complex process.
It often makes sense to enlist the support of a real estate attorney to look out for your best interests and ensure you’re getting a fair deal.
While the thought of additional costs may be off-putting, a real estate lawyer may save you thousands through the advice and guidance you’d otherwise miss out on, so read on for more information on what we do and how we can help you.
Real estate attorneys have the legal authority to assist you in preparing, reviewing, and authorizing documents and contracts related to the sale or purchase of a property. Both buyers and sellers are entitled to hire an attorney to oversee property sales and may also represent mortgage lenders on occasion.
Certain states may even require an attorney to draft and finalize contracts, amendments, and other closing documents when purchasing property, so it’s important you’re well informed on the laws that govern such investments.
A real estate attorney will likely prove extremely useful should your purchase or sale be more complex than typical transactions, such as deals including additional property or land. A good attorney will ensure that the contract you’re signing is fully inclusive of all details. An attorney will also provide peace of mind that you’re not agreeing to terms that may prove unfavorable to you in the long term. Their representation will guarantee that they’ll always have your best interests at heart should you need extensive assistance as matters unfold.
The potential legal costs of hiring a real estate attorney will likely feel daunting, given the significant cost of purchasing a house. How much you should expect to pay will largely depend on the services you require of them and for how long.
In situations requiring an attorney to be present, you may find a portion of their fee is included in the contract agreement. Elsewhere, their fees will likely vary depending on what assistance you need, with an hourly rate to be expected outside of certain flat-fee services. It’s always advisable to reach out to firms you’re considering to discuss what services you’ll need if you’re after the best cost approximation.
If you’re looking for the guidance of a reputable real estate attorney to support you through the purchase or sale of your property, contact the team at the Curry Law Firm. We’re happy to help you no matter what difficulties you encounter, so reach out to us today at 713-678-0013, or leave us a message via the contact form on our website. We have extensive experience in residential and commercial leasing and purchasing, so don’t hesitate to get in touch to discuss.