If your car needs repair, you take it to a mechanic. If your teeth need attention, you visit your dentist. Likewise, when you are selling a home, proper legal representation can protect your investment.
You should find a lawyer experienced in real estate transactions. They can protect your interests and can ensure that the numerous details of your real estate transaction are handled correctly. In short, a lawyer’s role in acting for you, the seller, is to ensure you get what you negotiated for, at the agreed price, under the agreed terms.
If you don't have a Real Estate Lawyer we have a list of several you can contact.
When it comes to selling a home, a lawyer will complete the following services:
- Act as escrow agent to hold a down payment, binder or money deposit.
- Evaluate offers from potential buyers. Ensure that the contract is legal, valid and that you understand the conditions of the agreement.
- Host and handle the closing.
- Evaluate financial arrangements.
- Ensure that the adjustments are properly calculated and that the purchase monies have been properly disbursed.
- Advise you on the tax and estate issues of the sale of the home.
The sale of your home is a precise and legal procedure that must be accurately completed to protect your rights and profits. Knowing how to handle all of these details means the difference of thousands of dollars in your pocket.