What Real Estate Law Is All About

By |2017-09-23T21:45:04+00:00November 20th, 2014|Real Estate Law|

Buying a home is one of the largest purchases that you will make. The process can be complicated and requires a lot of paperwork and important decisions. Going at it on your own may seem like a good way to save some extra money that you could put towards a down payment, but in reality you may end up facing legal consequences if you choose not to work with an experienced real estate attorney. Here are a few of the things a lawyer at Brent George Law can do for you when buying a house.

Drafting Documents

The amount of documentation that you need to purchase a home can be astounding. A real estate attorney can assist you in drafting the paperwork that you need for the transaction. Some of the types of documents that licensed attorneys commonly create for home buyers include the following:

  • Deeds
  • Lease and rental agreements
  • Financing agreements
  • Purchase contracts

Lawyers who have studied real estate law and know the ins and outs of the practice know and understand the right way to draft and revise these documents in ways that real estate agents cannot, as required by state laws.

Negotiating

Going back and forth on home prices, offers, and the terms and conditions of a sale can be exhausting and requires quick thinking. Some homeowners prefer to do their own negotiating, but an attorney can be a big benefit in this part of the process. Those who specialize in real estate have experience with a wide variety of real estate transactions, making their knowledge invaluable. A lawyer is better able to work with other lawyers, agents, brokers and investors on your behalf to help you get the best deal possible on your new home. Without a lawyer, you could end up paying a lot more.

Foreclosures

When difficult economic times arise, both borrowers and lenders can benefit from hiring an attorney. A lawyer can help a homeowner through the foreclosure process and can help borrowers get the lender to slow down or stop the process by challenging mistakes or negotiating for a settlement agreement. Purchasing a foreclosed home can also require some legal assistance, since the process is made more complicated than when you buy a typical home.

Litigation

When a real estate transaction doesn’t go the way you expect, a real estate attorney can help with real estate litigation. Winning a lawsuit is much easier with a lawyer at your side.

If you are considering purchasing a home, it is a good idea to look for an attorney at Brent George Law with experience in the real estate field to help you with the legal aspects of the process. Call Brent George Law today for a free consultation.