Real estate transactions tend to be complex, involved, and more than a little confusing for those who are not well-versed in buying or selling property. Fortunately, a real estate lawyer can assist in several crucial aspects of the process, making it more efficient and manageable. Below are a few of the most important reasons to enlist an attorney for your next home sale or purchase.

Contracts & Title Searches

Contracts are the lifeblood of any real estate deal. All parties involved in the sale enter into an agreement and must abide by its terms. The document spells out each party's responsibilities and provides guidance and protection if any aspect of the transaction goes off course. Your attorney ensures that the contract is not only legally sound but that it benefits you and your position in the most helpful ways possible.

When purchasing real estate, lenders often require their buyers to have insurance. As such, you’ll need to run a title search on the property in question. Real estate lawyers regularly perform this task and know how to address and remedy any problems discovered in the process. 

The Closing

During the closing, the buyer, seller, and each of their representatives sit down and sign the paperwork to complete the sale. It's not uncommon for questions or issues to arise during this time; for instance, if the appraisal doesn’t match the selling price or problems concerning the title and liens. As you're already under a considerable amount of stress, your lawyer will handle whatever matters arise and negotiate on your behalf.

If you’re buying or selling a home, trust William A. McWhorter in Pell City, AL, to look out for your best interests at every stage of the transaction. With over 20 years of experience in the industry, he offers quality legal guidance and representation to ensure your rights are respected. Call (205) 338-4411 or visit his firm's website to schedule a consultation with the real estate lawyer today.