Whether you are purchasing your first or eighth home, vacant land or an investment property, you should consider working with a real estate attorney. These professionals are not absolutely necessary for every piece of property you purchase, but they can make the process much smoother and protect you from common mistakes. These are things you need to know about working with an attorney.
Why You Should Hire an Attorney
Legal work is necessary on any property purchase. For example, you will either need to write or read and understand the buying contract. In addition, contract execution is a legal process. Your real estate attorney Ashburn VA can guide you through the legal process, draft contracts and warn you about any covenants or restrictions. They can also search for outstanding property liens. Your lawyer will also advise you on each property you are interested in and be there to address any issues before and after your purchase. Finally, some states require that an attorney draw up a sales contract.
What To Ask Before Hiring an Attorney
If you plan to hire an attorney, you should do your due diligence and research them completely. When you have a narrowed list, you need to seek a free consultation. During your interview, you should ask about their qualifications. Find those who have specific real estate experience and whose practice is largely in real estate law. Ask whether they have worked with homeowners and property investors previously and how many cases they have completed successfully within the last year.
Ask about your prospects’ availability and whether they have the time and resources to work with you. Learn about all the people in the office who are available to work on your case. Inquire why they think their office is better able to handle your case than other legal offices. Finally, learn about their fees.
A reputable real estate attorney can help you through a smooth property purchase, but do your due diligence and find a great one.