why you want a good real estate lawyer

Whether you’re buying or selling real estate, hiring a real estate attorney will protect you against the unexpected, and ensure a smooth and low-stress closing. Your attorney has no personal interest in the outcome of the transaction other than making sure you, the client is taken care of.

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What does a real estate lawyer do?

Mar 08, 2022 · Consulting with real estate lawyers helps you understand what the seller must discuss. They can also explain any potential future liability for the illegal improvements. If the illegal modifications become too expensive to correct or hinder your use of the property, an attorney can provide guidance on potentially suing for damages or rescinding the purchase …

Do I need a real estate attorney when buying a home?

They generally manage all the house inspections, negotiations, paperwork, contracts, necessary documents and running open houses. On the other hand, your real estate lawyer will review all the documents and transactions. They can also help you to know more about property title, purchase contracts and home insurance.

How do I find a good real estate lawyer?

Jun 19, 2019 · Buying a home is complex - the best way to avoid the resulting worry, anxiety and stress is to find a good real estate lawyer. We have a lot to say about the real estate process and how your lawyer plays a huge part in making your transaction as …

How much does it cost to hire a real estate attorney?

Dec 15, 2016 · For instance, if you wanted to change the language surrounding the due diligence period relative to the earnest money or other terms of the contract, only a lawyer can do this for you. If you want anything evaluated or changed in your contract, you’ll need a lawyer. Your real estate attorney can review CC&Rs and other HOA documents.

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What Are the Benefits of Hiring a Real Estate Lawyer?

A home, parcel of land, office building or commercial premises will undoubtedly be one of the biggest assets you own. Therefore, small mistakes made during a sale or purchase could be extremely expensive. A real estate lawyer will scrutinize all documents and negotiate on your behalf to ensure your investment is secure.

Looking for an Experienced Real Estate Lawyer in Texas?

If you are an individual or business needing advice or representation regarding real estate law, the attorneys at Lucé Evans Law can help. For a free legal consultation, call us today at (972) 632-1300 or request help online.

What does exclusive representation mean when buying a house?

Exclusive representation. When you are buying or selling your home, everyone has an interest in the deal getting done, including real estate agents and the lender. This can make you feel like you’re on your own at times. However, if you hire a lawyer, you’ll have access to an independent third party who can review the contract and represent your best interests throughout the transaction.

What are some situations that are unusual and might require an attorney’s advice and negotiating skills?

Here are some situations that are unusual and might require an attorney’s advice and negotiating skills: You’re buying a home that is part of a special type of sale, such as an estate sale, short sale, auction or purchase from a bank. You’re purchasing a home that’s in another state.

What is a real estate lawyer?

A real estate lawyer is licensed to practice law and specializes in real estate transactions. A real estate lawyer is familiar with all aspects of the home purchase process and can represent buyers, sellers or lenders. In states where a lawyer is required to be present at closing, it’s possible that the lawyer is there solely to represent ...

What is closing on a home?

Closing. The moment you’ve been waiting for— closing on a home sale or purchase —often involves dozens of pages of legal documents to review. A lawyer can help both the seller and buyer navigate the review, which can be especially intimidating and confusing to a first-time homebuyer.

Why is it important to have a lawyer in a negotiation?

This is important because when you’re in the middle of a potentially contentious negotiation that needs to be resolved quickly, you’ll want the lawyer to be available to advise you and negotiate with the other party.

How much does a lawyer cost?

The cost for a lawyer could be around $200 to $300 an hour, or just a flat fee of several hundred dollars that you pay at closing.

What could affect your closing timeline?

Timing. Your timeline for closing on the property could be affected by the sale of your own home or issues largely outside of your control , such as unexpected lender delays.

Is property law math?

Property law is a bit like maths, in the sense that some people love it and others absolutely hate it. Fortunately as a student I found myself in the former category and have been lucky enough to practise in this field throughout my career.

Is property law a technical area?

On one hand, it’s a very technical area in which the intricacies of the rules require a sound legal knowledge. But it also sees the law nicely balanced with the practical. As a property lawyer you are constantly advising clients and doing deals. What you do is firmly rooted in the real world. And, of course, what you are contributing towards is very tangible. It’s nice to point to a particular building and say, ‘I helped build or buy or refurbish that!’