If you are buying or selling a home in Pennsylvania, you may think that you and your real estate agent can handle everything. For most people, however, a real estate attorney can be of great assistance and prevent big headaches down the road if something goes wrong.
First off, it may be helpful to understand exactly what types of things a real estate attorney does, and SF Gate discusses some of the main duties. An attorney can help negotiate a good deal on your transaction, and he or she can also prepare certain documents that your agent cannot. Are you having trouble understanding your contract? An attorney is vital in making sure you do not sign something that will haunt you later on. If there is a lawsuit involved, an attorney looks out for your best interest and can even come to a good settlement. A real estate attorney also deals with foreclosures.
Realtor.com discusses some things to consider if you are having doubts about hiring a real estate attorney, and they include the following:
- Make sure it is a real estate attorney – Don’t try and save money by hiring a different type of lawyer.
- Hire one before you sign anything – Do not wait until after the contract is final, as it may be too late to do anything about your legal problems.
- Real estate attorneys help both buyers and sellers – A seller can save a lot of money by hiring an attorney.
- An attorney complements the job of the agent – A real estate attorney can do a lot of things a real estate agent cannot, so it is important to have both.