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When you’re buying a home, your agent can provide a wide range of valuable services, from helping you find a home to negotiating more favorable terms with the seller. However, real estate law can be extremely complex, so having an attorney is often essential for protecting your interests and avoiding mistakes that could have a major impact on your finances. With the high stakes involved in buying a house, hiring a lawyer is always a good investment.

Why You Should Have a Real Estate Lawyer When Buying a House

State Requirements

real estate lawWhile most states don’t require individuals in real estate transactions to have legal representation, some jurisdictions do mandate that at least some aspects of the sale be overseen by a lawyer. Connecticut, for instance, requires a lawyer to perform the title search and other parts of most transactions, and your lender may have other demands.

Reviewing the Purchase Agreement

The purchase agreement outlines your rights and responsibilities, as well as those of the sellers. Because many real estate agents simply use standardized forms, their purchase agreement may not be perfectly suited to your situation. Your real estate law attorney can review the document and make sure important issues are addressed before you sign.

The Title Search

A thorough title search ensures that no other individuals or parties have a legal claim to the property before you take ownership. After reviewing public records, previous sale contracts, and liens, your lawyer will be able to let you know about any potential problems with the title. If they’re found before closing, competing claims are the seller’s responsibility. However, if they’re discovered after the property is sold, they become your problem.

 

Steven P. Ciardiello, Esq., P.C. is a full-service Hamden law firm with a 30-year reputation for providing high-quality legal guidance in every aspect of real estate law. If you’re buying a home, you can rely on their team to protect your interests throughout the process, from hiring a realtor to closing. Visit their website now or call (203) 248-8000 to schedule a free consultation with a respected law firm today.

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