People often don’t realize the essential role real estate law attorneys play in the home buying and selling process. While an agent may facilitate the deal, having legal representation will ensure you’re protected while making such a significant financial transaction and continue to look out for your interests long after the deal is closed. Most states don’t require homebuyers and sellers to hire an attorney, but if you’re selling a house in New York, you will need to retain counsel before the transaction can be finalized. Below are some of the top ways this requirement will benefit you.

How a Real Estate Law Attorney Will Help Your Home Sale

Review Contracts 

One of the first tasks a real estate law attorney will do is review the purchase contract and other closing documents. These agreements are legally binding, so it’s essential that you have a clear understanding of what you’re signing. They will carefully go over everything to check that the terms are favorable to your interests and make modifications as necessary to ensure your needs are met. 

Assistance Closing the Deal 

In New York, it’s common for home sellers to have an attorney act as their closing agent rather than a title company, especially if they have been providing legal guidance throughout much of the transaction. As such, they will take over the responsibility of performing a title search to ensure it’s clear and proves it’s within the seller’s rights to list the home for sale. An attorney can also issue title insurance. 

Resolve Any Disputes That Arise 

A real estate law attorney will handle any contractual disputes or legal issues that are raised during the closing process. If possible, they will work to find a resolution that allows the sale to continue moving forward. Often, conflict arises over discoveries made in the home inspection, repair requests, occupancy, and the return of escrow deposit. 

With an attorney representing you at closing, you can be confident in the deal you’re making and avoid many issues that commonly cause real estate transactions to be delayed. When it comes to finding a legal advocate that is well-versed in New York real estate law, look no further than Robert A. Schwartz. For more than 30 years, he has provided the residents of Monroe County with unparalleled service. He will make sure the terms of the sale are in your favor and offer objective advice you can trust. Call (585) 334-4270 to request a consultation or visit his website for more information.