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For most people, real estate is the biggest purchase they will ever make. Whether buying your first family home or your fifth rental property, every transaction is significant and has the potential to threaten your financial security if something goes wrong. When so much is at stake, it’s worth turning to professionals for help. This includes not only real estate agents, but also seasoned lawyers who can facilitate the sale and protect your best interests every step of the way. Here are just a few reasons to hire a real estate attorney when you’re finally ready to buy or sell.

3 Reasons to Hire a Real Estate Attorney 

1. Ensure All Terms Are Favorable

When drafting documents on your behalf, a lawyer will ensure the terms are in your favor. A real estate attorney will also review all contracts that others draft line by line. If any terms are ambiguous, unfair, or impossible to enforce, your attorney will propose the necessary amendments or modifications.

2. Mitigate Potential Disputes

real estate attorneyA seasoned attorney will handle the title search and any tenancy issues that could hinder the transaction. And if other kinds of disputes are likely to arise given the circumstances, your lawyer will take steps to mitigate them. For example, if you are purchasing a residential property but plan on using it for commercial purposes, your attorney will review local zoning laws to ensure you can make the necessary remodels.

3. Streamline the Proceedings

Finalizing real estate transactions is a lengthy process, but hiring a lawyer from the start will streamline the proceedings. Regardless of whether you’re the buyer or seller, an attorney will work with the lender to facilitate the mortgage. Additionally, a lawyer will make sure the opposing party always responds in a timely fashion during negotiations and will prevent minor mistakes along the way that could result in delays. 

 

If you need a real estate attorney in Kentucky, turn to Mark D. Knight Attorney at Law. Located in Somerset, the firm is led by attorney Mark Knight, who has more than three decades of experience practicing law. In addition to helping clients navigate complicated financial transactions, his areas of expertise include personal injury law, Social Security disability, corporate law, and workers’ compensation. To learn more about the legal services he provides, visit his website. You can schedule an initial consultation with this real estate attorney by calling (606) 679-7411.

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