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3 Reasons You Need a Real Estate Lawyer

Jul 05, 2023

Many people buy and sell homes several times throughout their lifetimes. According to the 2018 American Community Survey, an estimated 119.7 million housing units are currently occupied in the United States. If you want your real estate transaction to go smoothly, hiring a real estate lawyer can help you reach that goal. Let's take a closer look.


1. Your Lender Requires It

One of the most common reasons people choose to hire a real estate lawyer is because it's a requirement set forth by their lender. If you need to hire an attorney, you may be pleasantly surprised by how much easier the transaction goes. When buying a home with a mortgage, you'll want to remain in compliance with your lender. And, even if it's not a requirement, you might still want to hire a real estate lawyer to protect your interests. The same holds true for cash buyers or private transactions.


2. Your Transaction Isn't Ordinary

Any time there's a complication or a unique aspect of a legal transaction, such as buying or selling a home, it's important to have the matter fully reviewed by legal counsel. Your lawyer can guide you through the process and sometimes may even direct you to change course. No one wants to make an ill-advised decision when it comes to real estate. Buying a home is usually one of the largest financial investments that you'll make in your life. Hiring a lawyer can help you avoid costly mistakes.


3. You Need Peace of Mind

When peace of mind is important, hiring an attorney can help you feel at ease. They will be able to review all documentation and identify any potential issues. Your attorney will also communicate with your lender and title company, making your role in the sale or purchase much less stressful. Real estate transactions are typically straightforward, but some issues can arise. Hiring a professional advisor is the best way to protect yourself from unwanted surprises. Even when it's not required, or there's nothing complicated about your transaction, it's good to know that your lawyer is looking out for you.


These are a few reasons why you need a real estate lawyer. Our team is here to make the process go as seamlessly as possible. Contact Salerno Law, PC today to learn more about our professional services.

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