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Should I Have an Attorney Help with My Real Estate Closing?

Are you thinking of buying or selling a home, business, or another piece of real property? You surely understand that it is far more complicated than buying or selling smaller commercial goods, like an old television or an automobile. But are you aware that numerous legalities can also crop up, slowing down or completely halting the process altogether?

Before you enter the closing portion of your real estate transaction, whether you are buying or selling, it is always smart to first retain the services of a real estate attorney. While it is true that most purchase contracts are standardized these days, it is also true that most transactions hit a legal snare sooner or later. Real estate agents can be great allies when it comes to finding the right place to buy or the right person to sell to, but they often admit to knowing very little when it comes to making sound legal judgements.

This is where a real estate attorney steps in, takes over, and protects you. Any contract or negotiation that requires adjustment, even to the slightest degree, will require vast knowledge of law to overcome correctly and quickly. One of the leading causes of real estate closings failing is delays, and one of the main reasons for delays is a legal hiccough that isn’t addressed properly. Avoid losing a purchase or a sale by working with a real estate attorney from start to finish.

Some examples of unique situations a real estate lawyer can help sort are:

  • Evicting a current tenant who signed a prior lease
  • Creating rent-before-buy contracts
  • Reviewing possible mortgage options

In short, a real estate lawyer can smooth over the whole process in ways that non-legal professionals cannot. If you are serious about getting the best deal and eliminating the most problems with your real estate transaction, you should consider working with both a real estate agent and a real estate attorney. At Powell, Jackman, Stevens & Ricciardi, P.A., our Fort Myers real estate attorneys would be happy to be your advocates as you navigate the intricate world of real estate closings.

Call our firm at 239.970.6844 to request a free initial consultation.

Categories: Real Estate Law, FAQ

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