You’ve finally decided to take the plunge and put your home on the market as a for sale by owner (FSBO). You’re excited to save on real estate commissions by selling it yourself, but there’s one potential drawback you haven’t considered: the legal implications. Because real estate transactions come with so many complex laws and regulations, it’s in your best interest to hire a real estate attorney to protect your interests, even if you’re selling your home without the help of a real estate agent.
If you’re selling your home “as is,” you must carefully document who pays for what. The sale-by-owner market shifted during the pandemic, and it’s best to document all of your agreements upfront. You need to know the rules.
Here’s why you want to hire a real estate attorney.
The Benefits of Hiring a Real Estate Attorney
Many people think that they can save money by selling their homes without using a real estate agent. This may be true in some cases, but if you are not familiar with the legalities of real estate transactions, you could cost yourself more money in the long run.
A real estate attorney can help protect your interests and handle the transaction properly. Here are some of the benefits of hiring a real estate lawyer:
- A real estate attorney can help to ensure that the contract is legally binding.
- They can review the contract to ensure that it is fair to both parties and determine whether you have any legal obligations to the buyer.
- They can negotiate on your behalf to get the best possible price for your home.
- A real estate attorney can help resolve any disputes that may arise during the sale.
- They can provide peace of mind, knowing that you have someone on your side who is looking out for your best interests.
- They can represent you in court if the sale is disputed.
When selling your home, don’t take chances – hire a real estate attorney to protect your interests.
How to Hire a Real Estate Attorney
When looking for a real estate attorney, you’ll want to first ask family and friends for any recommendations. See if they’ve worked with anyone before that they trust. You should also check out online reviews.
You’ll want to talk to each lawyer you place on your shortlist and ask them about their experience helping others sell their homes. See how comfortable you feel with them and find out about their credentials. The best lawyers will have their credentials listed on their website, like what you can see at provenresource.com. You’ll also want to ask about their billing policies. How much do they charge, and do they expect a certain amount upfront?
Protect Yourself With a Real Estate Attorney
Hiring a real estate attorney is the best way to protect your interest when selling a home.
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when selling a home.
If you found the information on this website useful, check out the rest of our blogs today.
