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Why work with an attorney while selling or buying property?

When it's time to close your real estate sale, it's a good idea to work with your attorney. Your attorney has much information about how to close a sale properly and can help make sure nothing goes wrong.

The closing is the last step of your real estate transaction. This is when the new owner obtains the keys to the home or building and when you finalize your contract and sale. Your attorney can help make sure everything is legal and signed correctly.

Do you need to work with an attorney throughout the entire buying or selling process?

You can work with an attorney throughout the real estate closing process or choose to work with an attorney only a few times throughout the process. Many attorneys are also licensed real estate agents and brokers, so they can assist you with any issue you may have with your contract or real estate transaction on the whole.

When might you need a real estate attorney?

When you decide to sell or buy commercial real estate, it's a good idea to keep your real estate attorney informed. Commercial transactions are more complicated than residential and may have specific laws or restrictions that apply to the sale. It's good business to have a real estate attorney for any commercial sale, and the cost may be factored into the sale price.

When you're ready to move forward with your real estate sale, your attorney can help make sure the transaction is completed smoothly. With an attorney on board, there should be no confusion about your contract or the closing process, making it easier to close your sale.

Source: FindLaw, "Do I Need an Attorney for a Real Estate Closing?," accessed May 30, 2017

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