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Why You Need a Real Estate Attorney for Your Residential Closings

Purchasing a home is one of the biggest investments most people will ever make. The real estate industry is regulated by complex state laws. If you are in the process of purchasing real estate, congratulations! It’s very exciting! A real estate attorney will ensure that you get through the process smoothly and avoid legal issues that may arise before closing, so that you are not unexpectedly and unpleasantly surprised by them after closing.

Reasons to Hire a Real Estate Attorney

Although legal assistance is usually not required early on in the process of your new home search, you should retain an attorney when your purchase price offer is accepted. Having a qualified real estate attorney review your contract will keep you from entering into an agreement that is unfair to you. You may face legal consequences if you enter into a contract on which you do not or, worse, are unable to, follow through.

Here are some examples in which it would be necessary for you to hire a real estate attorney:

• If you are attempting to buy a new home, you will require a real estate attorney to look over the contract to ensure the details are in order and in line with your understanding of the purchase.

• If you are purchasing a For Sale By Owner property, an attorney should still review the contract before you sign it. If you are selling this type of property, an attorney would also be required by the seller to prepare the contract of sale and all of the transfer documents pertaining to the sale.

• If you or obtaining a mortgage, the real estate attorney will help you understand the requirements of the mortgage and coordinate with the mortgage company to facilitate a smooth closing.

Contact Our Real Estate Closing Attorneys Today!

Whether you are purchasing or selling property, it is important to hire a real estate closing attorney to assist you throughout the process and avoid preventable and costly mistakes. At Law Offices of Sandra M. Radna, P.C., our team has the experience and knowledge necessary to ensure that you complete your real estate transaction smoothly.

Contact us today at (631) 400-3342 to schedule a consultation.