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| Consumers, Realtors, Lenders|Why Do I Need an Attorney...?
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Why Do I Need an Attorney for My Real Estate Transaction?Real estate transactions can be very complex, with the potential of something going wrong at every step of the process. And once you sign the contract, you are bound by its conditions. A home sale involves several participants besides the home purchasers and sellers (the realtor, lender, appraiser, and more). Each party will be looking out for their own interests and not necessarily yours. Be sure you have a real estate attorney with you to review the contract before you sign it. Protect your investment by having an attorney represent you throughout the transaction and assist you through this often convoluted and highly complicated process.
An attorney will negotiate any contracts, see that all the paperwork is in order, ensure clear title to the property, explain the tax ramifications of your purchase or sale, work with you to obtain financing, make sure that you understand what everything means, and much more. Your attorney serves as your advocate and will protect you in what is probably the largest financial transaction you will ever make.
See the following articles for more details:See our full list of real estate-related news releases. Click here to request of list of ATG member attorneys in your area.
[Last update: 7-29-08] |
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