Why Use A Real Estate Attorney To Represent You?

When selling a home it’s a good idea use the services of an attorney with expertise in real estate transactions.

A sales contract is a binding legal agreement, so a real estate attorney can help you protect your interests with the sales contract at the closing.

A real estate sales contract will usually include details of:

The Sale price
What is included in the purchase (item, chattels etc).
The amount of the down payment deposit The date for final settlement and the date of possession.

The sales contract may also include:

Contingencies to the sale such as structual inspections, lead-based paint inspections, radon inspections. An inspection is also likely to consider required improvements, a legal review of the sales contract by the buyer's or seller's attorney.

Other factors likely to be included are:
The amount and length of the mortgage loan, interest rate and time limit allocated to secure the loan.

The sales contract will also specify which closing costs are to be paid by the buyer and which closing costs are the responsibility of the seller.

Using the services of a Real estate Attorney can be money well spent, because the potential downside for getting things wrong in a real estate transaction, can be costly.