Buying a new home for the first time is an exciting experience. It can also be challenging if you do it on your own.
You have a realtor to assist you, but did you know you can hire the services of a real estate attorney, as well? An attorney can be crucial in helping you discover unanticipated problems before buying a new home. They’re also far more qualified than a realtor when it comes to dealing with the legal process that awaits all new homeowners. Whether you’re purchasing your first home or own multiple real estate properties, here are five reasons why you should contact our title agency in Boca Raton and hire a real estate attorney.
Review and Draft Contracts
A real estate attorney can help you review complex documents that pertain to your loan, title, and the written contract between buyer and seller. These contracts are often flooded with legal jargon that is hard to understand if you don’t have a legal background. A real estate attorney in Boca Raton can help make sense of all the legal terminology and draft a contract that is specifically tailored to your needs and is legally enforceable.
When buying a home, there is typically a negotiating process with the seller that, when done properly, can help the buyer save a fortune. When you hire a real estate attorney, you don’t have to worry about honing your negotiating skills – they’ll do all the work for you. Having an attorney negotiate on your behalf will come in handy if the seller must pay a lien before selling the home. The buyer is then forced to wait until the lien is satisfied.
Assists with Issues After Title Search
It’s recommended that home buyers perform a property title search before buying a property. This will ensure that the home doesn’t have issues, such as property liens, code violations, or other issues that can cause a delay in closing the deal. It can save you time and money, but it’s not a process you want to handle on your own if issues should arise.
Your real estate attorney from our title agency in Boca Raton will help you during the title search process. If any issues do arise, your attorney will explain them to you and advise you on the best course of action. With your attorney’s negotiating skills and legal background, liens can be removed, or the original price can be lowered, depending on the issue.
Review Home Inspections
Another recommendation is to have a home inspection before purchasing a home. It can shed light on serious damage that isn’t detectable at first, and areas in need of repair. This information is crucial to help you determine whether to buy the home or walk.
That’s why a home inspection with your attorney is so important –they can review the home inspection and help you spot potential problems. Your home will be your largest investment. The last thing you want is for a seller to trick you into buying a home that has major issues.
Peace of Mind
You want the home buying process to go smoothly and using a real estate attorney from our title agency in Boca Raton makes that a possibility. If anything should go wrong and you have to walk away from a purchase, your money could get tied up in a deal that didn’t go through. A real estate attorney can step in and try to prevent you from losing your money. Or, if the seller backs out at the last minute, what will you do?
For these reasons and so many others, real estate attorneys provide much-needed peace of mind when you’re buying a home.
Why Expert Title Company
We are a locally owned and operated company with nearly 60 years of combined experience. Our title company in Boca Raton has served the residents of Miami-Dade, Broward, and Palm Beach Counties since our inception in 2002. Our experience goes beyond residential purchases, sales, and refinances. With our team, no transaction is ever too big or too small. Contact our title agency in Boca Raton today and hire one of our real estate attorneys.