Blog Layout

Why You Need an Attorney to Review Your Real Estate Contract

Apr 30, 2024

It's no secret that the United States housing market is a booming one. According to Zippia, its full stock is worth about $43.4 trillion. If you’re going to be buying a new place, you want to be able to get the best value, along with ensuring that you handle everything correctly. You might be debating whether you want to use real estate attorneys for the process. Here are several reasons why you should do just that.



They Can Make Sure the Contract Benefits You


Real estate contracts can have a lot of clauses. While many of these things are boilerplate, sometimes the other party will add things hoping that you won't look through them and just sign. While skimming a user agreement might work for joining a social media site or installing some software, this is a major thing in the world of real estate, and you want to make sure that you're not being taken advantage of. Have an experienced real estate lawyer read through it and see if anything stands out. They will be able to amend it so that it will benefit you by removing or editing some language in it.



They Can Prevent Regret From Either Party


There may be some terms in the contract that could cause regret for either the buyer or the seller. Once the contract has been signed, though, it's a legally binding document. There's nothing that can be changed, so it's important that everything in it is thoroughly vetted by a lawyer. Otherwise, you could find yourself dealing with some very unfavorable terms.



They Can Explain Terminology Clearly


Many states want real estate contracts to be written in the easiest possible way for everyone to be able to understand what's in them. The law being what it is, though, means that there can be some terms that are hard for the average person to grasp. That's what a lawyer is there for. They've studied this field, and they can explain everything that's in the contract so that there are no misunderstandings. They can even read it ahead of time and highlight some areas that might cause some difficulties.



They Can Act as an Escrow


This is true in Florida, which is where our firm is based, but it can vary by state. A Florida real estate lawyer could help the whole process by acting as the escrow. As a result, both parties can feel confident. Also, if there's a problem, then it can be easier to detach from the sale or the purchase with minimal fuss.



They Can Do Title Searches


This is an extremely important part of the sale process. A lawyer has to make sure that there's nothing outstanding on the property, like a lien or any other legal process. This can prevent a later discovery that could possibly derail the entire thing. This alone could make it worth investing in a real estate attorney.



They Can Give You Peace of Mind


The whole real estate process can be a nerve-wracking one. You want to have someone with you who can help you navigate the sometimes murky waters. That someone is an experienced real estate attorney. They can help ease the tension by explaining things and also standing up for you throughout everything, especially if they feel like the other side might be trying to take advantage of you. They are worthy allies.

Be sure to do your research before you hire anyone. Make sure that they are well-regarded in legal circles and that they have favorable reviews from previous clients. If they meet these criteria, then you can move ahead knowing that you're in good hands. Here at the Law Offices of David H. Trevett, PL, we're proud to be members of the Florida Bar, American Bar Association, and Orange County Bar Association.

As you can see, hiring real estate attorneys is the best path to ensure that your home purchase or sale goes through without a hitch. They are also equipped to handle any situation that causes a possible delay. Do you live in Florida and are looking for experienced, reputable real estate attorneys? Turn to our team at the Law Offices of David H. Trevett, PL. We have 15 years of experience and offer complimentary initial consultations.


lawyer
26 Mar, 2024
You want a lawyer who has the knowledge and experience you need to handle your legal case like it's their bread and butter.
estate planning lawyer
23 Feb, 2024
Are you looking for an estate planning lawyer but aren't sure what to believe online? Read more for five common myths about estate planning.
real estate attorneys
28 Dec, 2023
If you want the process of selling or buying a home to go smoothly, you need the help of qualified and reliable real estate attorneys.
01 Dec, 2023
When seeking out legal aid, how do you pick the best lawyer? Read this article to learn about the questions you need to ask your real estate attorney.
Share by: