Real estate transactions are extremely complicated and stressful for both the buyers and sellers. When doing through this process, it is important to appreciate the full range of benefits that working with trained professionals will provide you. More precisely, a real estate attorney can help you with some core aspects of these transactions.
Protect Yourself Against Misleading Contracts
There will need to be a series of documents that must be signed in order to finalize the transfer of the real estate. Unfortunately, there are some dealers that may take steps to attempt to cheat the buyer through hidden terms in the contract. These terms may shift much of the cost of the transaction onto the buyer or it may set impractical move-in limits. A real estate attorney can review these documents so that any misleading sections so the paperwork can be clarified and corrected before you sign it.
Address Disputes From New Home Construction Projects
While there are many people that will simply buy a pre-existing house, there are others that will want to opt to have one custom built. In most cases, the construction contractor will fulfill their end of the construction contract. However, there will be some instances where disputes can arise. Often, these disputes will center around allegations that the work done by the contractor does not meet the specified quality terms of the contract or that the project was far behind schedule. Your attorney may be able to help fight these problems by helping you to recover much of the money that was originally paid to the contractor.
Research The History Of The Property You Are Considering
The history of your property may seem like a minor consideration when you are choosing a piece of land to buy, but problems with the title of the property can be very difficult to address. One of the more common types of problems those buying properties may experience will be a contested title. This problem often arises when there is a lien on the property for past due taxes, loans or other debts. Furthermore, an attorney will be able to easily research the land to determine whether an easement is in place. An easement will allow others to legally use sections of your property, and it is most commonly used when there are properties that can only be reached by using roads that cross part of your land. Attorneys can often complete this research by investigating the local building, property and check history.
For additional information, you will want to contact a legal professional, such as John M. Ogden.