For most people, homeownership is an integral part of the American dream. But it's no secret that the home buying process involves a significant amount of time and energy, not to mention a substantial financial transaction. Fortunately, a real estate lawyer can help homebuyers throughout this process; below are a few ways they will assist you at every step of the purchase.

How a Real Estate Lawyer Will Help in the Home Buying Process

1. Prevent Vague Language

Contracts are central to any home sale. They lay out the terms of purchase and the rights and responsibilities of each party. Given these important functions, contracts must contain language that is clear, legally sound, and leaves no room for misinterpretation. A lawyer will examine the language utilized in all contracts and amend it as necessary to best reflect and protect your interests.

2. Review the Title

A title search is conducted to ensure that there are no obstacles to the free and clear purchase of the home. Title searches can reveal potential roadblocks like liens, easements, and restrictions on the property.

A lawyer will review the title to make certain the sale can move forward; if issues are present, they will know the most effective paths to resolve them so that you can get into your new home with minimum stress and hassle.

3. Representation at Closing

The closing of the sale is where the buyer, seller, and agent get together and sign the final paperwork that completes the transaction. Having a lawyer at the closing gives you added peace of mind.

They will answer your questions, witness the signing and transferring of all documents, and, if necessary, negotiate with any last-minute terms or contractual changes the seller wants to make.

Your attorney will also explain the vast amount of mortgage closing paperwork provided by the lender, which will outline everything from your commitment to repay the mortgage to the number of monthly payment obligations and when they are due.

When buying a home, the lawyers at Schaller Campbell & Untied Attorneys are here to help. Since 1914, they have been representing clients throughout the Licking County, OH, region. In addition to real estate transactions, they offer legal services in a variety of other areas, including divorces and child custody cases, business law issues, and personal injuries. Call (740) 349-8505 or visit them online to schedule a consultation.