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How Could A Real Estate Lawyer Help Me With My Purchase?

How Could a Real Estate Lawyer Help Me with My Purchase?

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Buying a home may be one of the most important purchases you make over your lifetime. You may think that having a real estate agent on your side when you buy a home is enough to make navigating the buying process less stressful. Yet, a real estate attorney can offer you valuable knowledge and assistance during the process, offering more peace of mind. A skilled Virginia real estate lawyer can also help protect your rights and look out for your best interests.

Buying a home isn’t just a financial transaction. It is a legal transaction. At Taylor, Taylor & Taylor, Inc., we want to help you understand how an experienced real estate lawyer can help you with your purchase.

What Can a Real Estate Lawyer Do for Me?

Buying a home is never a transaction between only the buyer and the seller. Several entities are involved in making the deal, including the buyer, seller, lender, and real estate agent. All these entities have their own best interests in mind. A skilled Virginia real estate attorney can help you navigate the sometimes-complex process of buying a home. Here’s how:

 

  • Settling disputes between the buyer and seller – Although rare, disputes between a buyer and seller can arise. An attorney can help you manage these issues and come to an acceptable resolution when possible.

 

  • Navigating title issues – Title issues can complicate buying a home or property. Title issues or defects are not uncommon in cases where a property has changed hands several times. Title issues can arise when other claims against the property or unpaid debts exist. Missing heirs, liens, or divorce disputes can make buying a property challenging. An attorney can gather more information about the problem, find solutions, and take action to address the issues associated with the title.

 

  • Negotiate the terms of your home purchase – You do not have to accept the terms of a contract without fully understanding what the contract entails. A real estate attorney can evaluate the terms of the purchase and potentially negotiate a better deal. An attorney can also review your purchase agreement before you sign on the dotted line, giving you peace of mind that the arrangement is correct and accurate with no hidden little extras thrown in that could be bad for you.

 

  • Protect your rights and interests – A real estate attorney works for you. An attorney is not making a commission on the sale of the property, and they are not financing your loan. An attorney is responsible for protecting you and fighting for your best interests from start to finish.

 

  • Represent you in court – No one wants to imagine the homebuying process going wrong, but sometimes it does. Having a skilled real estate attorney already on your side means you can feel secure in the knowledge disputes will be addressed, and you will be effectively represented in court if your situation warrants a court’s intervention.

 

  • Manage issues with “for sale by owner” properties – A lawyer can also help you navigate the process of buying a “for sale by owner” property. Your attorney can draft the necessary paperwork and review the validity of the seller’s documentation. An attorney can help ensure the process is legitimate and fair.

Buying a home is exciting, but it can also be overwhelming. A real estate agent can help you find your dream home, while a real estate attorney can turn your dream into a reality. If you need help getting into a home, talk to a knowledgeable Glen Allen, Virginia, real estate attorney with Taylor, Taylor & Taylor, Inc. Contact our office online or call 804-266-9619 for a confidential legal evaluation.

 

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