When selling a home, you may decide not to hire a realtor. While it’s certainly possible to find a buyer and negotiate a deal without all the resources that a realtor provides, it’s still wise to seek professional guidance in the form of a seasoned attorney. After all, this is a substantial transaction and it’s best to ensure that all legal aspects are cleared by a professional. Here is what to expect when hiring a real estate lawyer. 

What Do Real Estate Attorneys Do?

Real estate attorneys ultimately aim to protect their clients’ financial interests. Therefore, they will draft, review, and modify all contracts so their terms are as favorable as possible. They will also serve as a liaison between the lender, seller, and buyer by handling all correspondence and completing any documentation needed to facilitate the transaction. Additionally, they can assist with negotiations, resolve title issues, prepare the deed, obtain a payoff statement for the existing mortgage, manage cash flow in escrow, and mitigate liability by drafting disclosures.

Why Should I Hire a Real Estate Attorney?

A real estate attorney will help protect your investment by drafting a purchase and sale agreement that is in your favor. Under Connecticut State law, an attorney must be present at the closing to legitimize the sale. They’re responsible for verifying that the title is marketable, the property is clear of any liens, and the transaction can proceed. 

If you’re planning to sell a home in Connecticut, turn to a residential real estate attorneys at Greene Law PC. Located in Farmington, this law firm offers a broad range of services for individuals, couples, and businesses throughout Hartford County. In addition to helping clients navigate real estate transactions, they assist with bankruptcy, family law disputes, personal injury claims, wills and trusts, civil litigation, and business planning. To explore all their areas of expertise, visit their website. To schedule a consultation, call (860) 676-1336.