So, you decided to sell your home without the aid of a real estate agent, to save money and avoid real estate commissions. You can fare well without a real estate agent by your side, but the presence of a real estate attorney to ensure your transaction is properly protected is crucial.
Real estate lawyers are extremely important in the real estate transaction process. Many states actually require attorneys’ involvement in certain transaction stages. Laws requiring the presence of a real estate attorney exist because an attorney ensures your rights are guarded throughout the transaction process.
What are some of the numerous stages of a real estate transaction where an attorney’s aid is important?
The transaction process moves quickly, with many deadlines and documents being thrown in your direction. An attorney aids in the completion of such documents. For example, the purchase contract is a document posing as a crucial part of any transaction process. To ensure your rights are protected, an attorney can review the contract’s terms, or even draft the contract in more complex cases. An attorney can offer detailed explanations of each document throughout the transaction process, ensuring your well-being is guarded and informed decisions are made.
“Title” refers to the legal rights the owner lawfully has over a property. During a title search, an attorney can examine records and legal documents in order to identify the title history. Conducting a title search can identify title defects that will restrict you from being able to sell the property down the line, such as easements, liens or loans.
The closing of a purchase involves numerous pages of documents, which an attorney can aid in reviewing. The buyer and seller are typically present beside their respective attorneys at closing. If you end up as the only individual at closing without the presence of an attorney, it is a risk to your rights, especially if last minute disputes arise.
Experienced real estate litigation attorneys
A real estate transaction can be a large life commitment, and puts a substantial amount of money on the line for both buyers and sellers. It is important to ensure your rights are clearly communicated and fiercely protected. At Walden Neitzke & Kuhary, S.C., our attorneys represent both buyers and sellers of residential and commercial properties. In order to guard our clients’ rights, we carefully and clearly explain each stage of the real estate transaction process. Offering both aid during real estate transactions and knowledgeable, aggressive litigation in real estate disputes, our team will work hard to get you the result you desire. Contact Waukesha-based law firm, Walden Neitzke & Kuhary, S.C., at 262-547-5517 to schedule a free consultation with an experienced Waukesha real estate attorney.