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So you’ve found your dream home, made an offer, and the day has finally come to close the deal. But buying a home isn’t just a simple purchase. The legal details of this transaction can be complex, which is why it’s a good idea to enlist the help of an attorney for a real estate closing.
What Is A Real Estate Attorney?
A real estate attorney is someone who is licensed to practice real estate law. They have the knowledge and experience to shepherd parties through a real estate transaction, such as a home sale. The primary role of an attorney for a real estate closing is to prepare and review documents and contracts related to the sale and purchase of a home. They make sure that the closing goes smoothly and look out for the best interests of both the buyer and seller.
Why Do You Need A Real Estate Attorney?
Real estate attorneys provide assistance with duties such as:
- Preparing purchase contracts
- Writing amendments to a contract
- Compiling information about the property
- Completing a title search
- Reviewing all documentation
- Conducting a closing
Here are a few reasons you may need an attorney for your real estate closing.
1. State or Lender Requirement
Every state has different laws regarding real estate transactions. Some states consider performing a home closing to be a practice of law, and as such, an attorney may be required to be present during closing.Â
2. Contractual Issues with the Purchase
In certain situations, your home purchase may involve unordinary elements that may lead to legal issues down the line. A real estate attorney will ensure that your contracts take into account the complexity of your situation, and help you if contractual issues arise during the process.
3. Peace of Mind
Having a real estate attorney present during the closing provides peace of mind, especially if you’re unfamiliar with the legal process of buying a home and want to make sure all your bases are covered. If an issue comes up, you can be confident that you have someone who is looking out for your best interests.
Experience Attorneys For Real Estate Closings
Whether you’re buying or selling a home, closing the deal can be an intimidating and complicated process. The experienced real estate attorneys at DaMore Law are prepared to work with you to ensure everything goes smoothly. Our attorneys are knowledgeable in all aspects of real estate law, and they will offer you the best service possible. Call us to speak with a law expert today.