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Real estate is a big part of the American Dream. Whether you are working on buying your first home, your starter home or a business property, the process of purchasing a property or a building can be a complicated one! Many times, you will need a professional who isn’t necessarily a real estate attorney, like a realtor. However, there are a few instances when you do require the experienced help of a real estate attorney, including:
- Legal Requirements: There are some states that actually require a real estate attorney be present for certain transactions, including North Carolina, South Carolina, Delaware and New York. Purchasing real estate in these states means that, yes, you need a real estate attorney!
- Complicated Purchases: A good portion of real estate purchases are very straightforward, aside from a few negotiations. However, if your transaction is high value one, a property with liens, water rights, requiring special insurances, beach front, a historical property, has zoning issues or any number or other things, a real estate attorney should ensure the sale goes through without issue.
- Stressful: When there are issues with a property that make the sale or purchase stressful and bothersome, such as renters who have damaged the property or other issues with the property, you need an attorney.
If you need help with a real estate attorney in your area, contact us here at Koontz & Smith, Attorneys at Law today.
Thank you for explaining how a real estate agent can help make the real estate transaction process less stressful as they are able to handle different issues. My husband and I are trying to purchase a house but it is incredibly stressful on us and we are wanting help dealing with certain issues. Maybe we will look into hiring a real estate attorney to help us.
It makes a lot of sense that you could have an estate that has water conflicts or special insurance and they could be really complicated. Having a good estate attorney would be a good asset in taking care of those things simply because they would know what it is that needs to be done and how to do it. Considering that the average person doesn’t even know what these things are then an attorney would be really helpful for their knowledge.
It’s interesting to know that if you are trying to buy a property and you find it to stressful, you need to call a real estate lawyer to help you. My mother is thinking about buying a house, and we are looking for advice. I will let her know about the benefits of hiring a real estate attorney to help her.
It’s great that you point out that an attorney can help you with the legal aspects of buying a home. I’m planning on buying a house in the near future, so I’ll want to make sure that I get a lawyer to help me with the transaction. I’m going to search for a good attorney in my area with experience in real estate transactions.