Whether you are buying a new home or investing in commercial real estate, you should hire a real estate attorney. According to the National Association of Realtors, over 75% of current buyers find information from their real estate agents very useful. That said, let's look at a couple of reasons to hire a real estate attorney.

To Help You Understand the Real Estate Buying or Selling Process

If you don't understand the real estate market and want to buy or sell property, a real estate attorney can help you draft the proper documents. What's more, they'll help you review these documents and scrutinize them before you send them. A real estate attorney will take the time to educate you and help you understand the entire process. Also, if any paperwork is sent back for any reason, your real estate attorney will help you draft an appropriate response.

To Help You Negotiate Property Prices

Buying a home is the most significant financial decision for most people, and negotiating for a property can be intimidating. Real estate agents have negotiated prices for tons of properties throughout their careers. They can guide you through the negotiation process if you have never been through it before. Many documents will be sent your way and you may need someone to help you understand all the legal jargon on them.

To Prevent You From Paying for Mistakes

Hiring a real estate attorney can prevent you from paying for potential mistakes. How? Sometimes a property you're interested in could have asbestos, lead paint, mold, termites, or other hazardous conditions. Inspection contingencies need to be clearly defined and met to ensure you're paying for what was advertised. A real estate attorney can help you draft contingencies to prevent you from paying for mistakes in real estate properties.

Hiring a real estate attorney can streamline the process of buying or selling property. If you're interested in buying or selling property, reach out to us today and speak with one of our real estate attorneys to see how they can help you.