Buying a home is often one of the largest purchases a Godfrey area resident will make. The home buying process can be complicated, and many buyers don’t understand all the ins and outs. Although just having a realtor can work fine when purchasing a home, bringing in an attorney can also be a good idea.
More than a big sale
Buying a home isn’t just making a large purchase, it is also a legal transaction. It can make sense for a home buyer to enlist the help of an attorney to make sure the process goes smoothly and is legal. There are many ways in which an attorney can help with the home buying process. These include:
- An attorney can review the contract for the home purchase. They can look for any issues that may involve the use of the property such as variances and make sure the contract adheres to state laws.
- Title searches. An attorney can perform a title search on the property to make sure it is free of any encumbrances and that the owner has the right to sell the property. They can check for liens or judgements to make sure the property can be sold.
- Property transfers. If the property is owned by a corporation or trust, the contract preparation and negotiation can be complicated. An attorney has experience in these different types of business arrangements and can ensure the contract is consistent with the law and the partnership’s agreements.
- The house sale will need to be filed with the state and county. An attorney will be able to do this quickly and efficiently.
There are many good reasons why a person should hire an attorney for their home purchase. Because this is such a major event in a person’s life, having legal representation to make sure it goes smoothly can offer a buyer peace of mind.