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Buying a house is an exciting milestone, but it’s also a significant financial transaction and a complex legal process. If you’re buying a home in Alabama, you are required to work with an attorney who specializes in real estate law. Learn more about a few benefits of having an experienced lawyer on your team when you close on a property.

3 Ways Attorneys Help Homebuyers

1. Contract Review

The sales agreement is a legally binding document that outlines the rights and responsibilities of both buyers and sellers. Sometimes, agents make mistakes when drafting the contract, which can result in it containing terms that aren’t in your interest.

For instance, the contingencies you agreed to might have been left out, or the price may not reflect recent negotiations. Having your lawyer review the document before signing protects you from serious mistakes and ensures that it accurately reflects the deal you negotiated.

2. Title Search

real estate lawAfter closing, you become responsible for any defects on the title, even if you didn’t know about them when you bought the property.

Real estate law offices have the resources to identify any encumbrances, like liens, competing claims, or easements on the property, that could cause issues. By conducting a thorough title search, your lawyer could save you thousands of dollars in the long run.

3. Filing Paperwork

When real estate changes hands, the deed needs to be filed with local authorities to finalize the transfer. An attorney can handle this aspect of the process, which can be confusing and time-consuming.

If you’re planning an extensive renovation or on changing the purpose of the property, your lawyer can also ensure that your plans adhere to local zoning rules.

 

Since 1948, the attorneys at Lee, Livingston, Lee, Nichols & Barron, P.C. have helped families throughout Dothan and southeast Alabama achieve the dream of homeownership. If you’re buying a home, this experienced legal team will guide you and represent your interests through every step of the process. Visit the website to explore the team’s real estate law services. Call (334) 792-4156 to schedule a consultation.

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