Purchasing a home can be very exciting, but it can also be quite stressful and confusing if you are not up to speed on the process and the legalities surrounding the sale. While some states do require an attorney at the closing table, here are some instances when you may want to consider hiring a real estate attorney Austin TX, even if it isn’t a requirement.
If your situation is complex or unique, it is a good idea to hire someone to help you negotiate and review all of the daunting paperwork and details. Properties that are waterfront or historic typically involve more legwork, as do properties subject to an easement. Zoning can also be challenging, particularly when you are purchasing land to build on. It is important to ensure that you have an accurate idea of where your property begins and ends.
You’re Purchasing a Property Out of State
If you are purchasing a property that is out of state, having someone in the same locality as your new home is important. Laws differ from state to state, so hiring a real estate attorney who is familiar with the local regulations can save you the hassle of trying to familiarize yourself with the intricacies of real estate law.
The Property is Physically Damaged
Fixer-uppers can be fun if you are handy and like a challenge, but it’s important to ensure that you are not purchasing a home that has been damaged beyond repair, or is dangerous. Home inspections are great for this, but an attorney can help you if the property suffers more damage during the gray area between when you go under contract and when you actually move into the house.
Real estate attorneys can make the home buying process much less stressful, so consider hiring one when you are in the market.