Buying a home is a big deal. It’s a big deal as a life event, and a big deal in terms of the money involved for most people. Because of this, most of us will use a real estate professional to help us through the process. But should you also involve a lawyer?
This article on findlaw.com provides some good reasons to do so.
Buying a home will probably be the largest and most significant purchase you will make in your life. It also involves the law of real property, which is unique and raises special issues of practice, and problems not present in other transactions. A real estate lawyer is trained to deal with these problems and has the most experience to deal with them.
A lawyer can help you avoid some common problems with a home purchase or sale. For example, a seller may sign a brokerage agreement that does not deal with a number of legal problems. This happens quite often; realtors often use standard forms, expecting that they will cover all circumstances or will be easily customizable for unusual circumstances.
Read the Full Article HERE