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Buying a home is probably the single largest transaction you’ll ever make, but it’s also a complex legal process that can be overwhelming for many first-time buyers. Real estate agents may be experts in the local market can be instrumental in getting a good deal, but they don’t have the expertise to guide you through the expertise to guide you through the legal aspects of buying a home.

The Difference Between Real Estate Agents & Attorneys

real estateA real estate agent will help you find a property that fits your needs, advise you on a fair price, and negotiate with the seller’s agent on your behalf. Based on their market expertise, a good agent can be instrumental in finding a house you’ll love at the best price possible.

Once your offer has been accepted, you’ll need an attorney to handle the legal aspects of the sale. In addition to reviewing and recommending revisions to the sales agreement, real estate attorneys also conduct title searches to ensure there are no other competing claims on the property. They also play a critical role during closing, reviewing and explaining each document as you sign.

The Benefits of Having a Real Estate Attorney

While you’re not legally required to have an attorney in most states, in New York it’s custom for both parties to have your own lawyer. Having an attorney review and mark up the contract ensures the final agreement actually reflects the deal you actually negotiated with the sellers. Their title search services can also reveal competing claims that you would be responsible for after the sale, potentially saving you thousands of dollars in the long run.


 

If you’re buying a home in White Plains, NY, the legal team at Monteleon Law Group has the expertise to guide you through every step of the process. Their real estate attorneys pride themselves on giving every client their undivided attention these important matters deserve. Get more real estate tips and advice on Twitter, visit their website for more to learn how they can help with your sale, or call (914) 840-2529 to schedule your initial consultation.

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