For most people, buying a home is the biggest financial transaction they'll ever make. Because of the legal and financial considerations that go into a real estate sale, the home buying process can be complex and overwhelming. Below is an introduction to the ways a real estate law professional will streamline this process, as well as some signs that an attorney's services are needed.

What Services Do Real Estate Lawyers Provide?

A real estate law professional provides several different services that ensure the homebuyer's rights and interests are protected throughout the transaction. They will review the title to confirm that there are no issues with it, like liens or easements, which could jeopardize the smooth transfer of the property from the seller to the buyer. They will review all contracts and make certain there are no vague or unclear terms. They will draft purchase agreements that outline the rights and responsibilities of each party. They will accompany the seller to the closing, witness the signing of all pertinent paperwork, and then see that all documentation is filed with the appropriate state and county departments.

When Should You Hire an Attorney?

It’s customary in New York State for homebuyers and sellers to retain the services of a real estate lawyer. For optimal legal support, buyers should bring in an attorney as soon as they find a home on which they'd like to make an offer. But it's never too late to obtain legal guidance, no matter where a buyer may be at in the sale.

There are some scenarios that should always be handled by a lawyer as soon as possible. These include private home loans, in which the buyer needs to draw up a loan agreement between themselves and a private individual, like a friend or relative, a home purchased jointly by more than one party, and rent-to-own situations. These more complex arrangements require a little additional time and preparation.

For legal assistance in purchasing a home, trust real estate law professional Robert A. Schwartz. Since 1982, he has made the home buying process for residents across Rochester, NY, as quick and efficient as possible. From making an offer to closing on a new home, this lawyer will help you through every step of the way. Call (585) 334-4270 or visit his website to browse his practice areas.