Selling Your Home? 4 Reasons to Hire a Real Estate Attorney
Posted on: 16 June 2022
If you're selling your home, don't go through with the listing until you've discussed the matter with a real estate attorney. If you're like most people, you might think that only buyers need to work with real estate attorneys, but that's not the case. In fact, there are plenty of reasons for home sellers like yourself to hire a real estate attorney. Read the information provided below. Here are just four of the reasons you need to hire a real estate attorney before you sell your home.
Resolve Inheritance Issues
If you're trying to sell a home that you've inherited, the best thing you can do is hire a real estate attorney. Issues with inheritance can derail the sale of your home. This is especially true if you haven't submitted the proper paperwork to the courts. That's where a real estate attorney comes into the picture. A real estate attorney will go over your documentation to make sure that everything is in order. This includes making sure that you have transferred your home into your name.
Eliminate Repair Disputes
If there are repairs that need to be completed on your home before a sale can go through, hire a real estate attorney. This is especially important if the buyers want more than you're willing to provide. Or, if the buyers want more than is legally required of you. For instance, if you have built-in appliances that need to be replaced, the buyers may want you to replace them with top-of-the-line brands. A real estate attorney can help you avoid the high cost of that type of replacement.
Solve Permit Problems
If you made improvements to your home that required permits, make sure you have the proper documentation in your files. If you don't, now's the time to hire a real estate attorney. Lack of permit documentation can cause serious problems when you're trying to sell your home. Your real estate attorney can help you get the documentation you need. It's also important that you hire a real estate attorney if your older home was remodeled before you purchased it. There could be issues with older permits as well.
Assist with Short Sales
If you're dealing with a foreclosure, and you need to go through a short sale, don't proceed without a real estate attorney. Before you can proceed with a short sale, you need to document your financial issues. Your attorney will also make sure that all of your state-specific short sale requirements are met. That way, you can get out from under your home without added stress.
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