Whether you’re looking for a new home or want to sell your old home, you may be wondering what your next step is and who you should consult with regards to making the process as straightforward as possible. While most people are aware that they need to hire a real estate agent or realtor to get the ball rolling, there is one other person that should be closely involved in the buying or selling process: a real estate lawyer.
Duties of a Real Estate Lawyer
So what does an attorney actually do in this situation? Simply put, a real estate lawyer can help make sure that you are protected from a legal standpoint during all parts of the transaction. From overviewing the contract to looking up past deed owners or defects, a real estate lawyer can provide invaluable services for you. Here are some examples of what you can expect from an attorney.
- Overview the contract and answer any questions you may have
- Check for any liens, easements, or other claims to the property that will prohibit you from buying
- Properly prepare all legal documentation
- Assist with the closing process
- Provide access to title insurance in case of any problems that may arise down the road
Overall, a real estate lawyer will help make sure that everything goes well for all parties involved.
Do I Need a Real Estate Lawyer?
The short answer is yes. While some non-legal entities may claim that they can handle all of these things for you, an attorney is held to much more scrutiny and standards, meaning that if something goes wrong, you are not liable for any legal problems.
If you live in Hoffman Estates and are looking to buy or sell a home, consult a real estate attorney today. Not doing so could be detrimental, so be safe and take the right course of action.
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