When selling your home, it is wise to know the role a real estate lawyer will play during the sale and closing. With so many attorneys out there, it may seem overwhelming trying to figure out who has what you need. But having access to an experienced real estate attorney is invaluable; many homebuyers go through similar processes and seek legal assistance with their sale. Here are some key roles of attorneys when selling your house:
Legal Advice
Selling a home involves numerous legalities, depending on the laws in your area. To get the guidance you need from someone who’s done this before, contact a real estate lawyer as early on in the process as possible. Visit our resources at https://www.texascashhousebuyer.com/ for more information.
Looking at Title Information
An experienced real estate lawyer can examine the title information of your property and provide an accurate valuation. This helps determine how much sell at auction and what mortgage will balance remains owed.
Foreclosures
If you’re having difficulty paying your home mortgage, a lawyer can assist with foreclosure proceedings and the sale of the property that follows. This may be achieved through either a short sale or auction; both processes are complex and require legal guidance from an experienced real estate attorney.
Paperwork
Dealing with the paperwork that goes along with selling your home can be overwhelming, particularly if you’ve never had to deal with it before. A real estate lawyer can take care of submitting all necessary documents at the right time and help you avoid any complications due to inaccurate paperwork.
Closing
If you’re selling your property, a real estate lawyer can assist with the closing. This includes providing any legal paperwork required at closing as well as access to a mediator or attorney who can ensure all parties are satisfied with the terms of the sale.
Inspections
Inspections are commonly done when a home is under contract and before closing on it. However, they can also be done prior to listing the property for sale to make sure everything functions properly. A real estate lawyer can assist in this process and guarantee all problems are rectified before the house goes on the market.
If you’re thinking about selling your property, having a real estate lawyer on your side can be invaluable. All legal questions will be answered accurately and the complexities associated with selling your home will become much clearer to you.
