Putting together a real estate deal can be stressful and intimidating if it’s your first time. The truth is that even experienced business owners can get nervous around the closing date of a big real estate transaction. That’s why it makes so much sense to hire a great business lawyer to help you out with the real estate deal. The priceless legal expertise you will gain access to with a great real estate lawyer makes their services worth every single dollar. The last thing you want from an investment standpoint is to make a critical error or forget a certain legal aspect of the deal that ends up costing you a ton of money. Below, we will be walking you through a few reasons why real estate transactions go more smoothly with a lawyer.
1. Complex Contracts Become Less Complicated
One of the best reasons you should hire a real estate lawyer to help out with a deal is because they can help you decipher any contracts that are involved. If you aren’t familiar with contracts and contract law, you should probably leave it up to an expert to help out. There are tons of pitfalls that you can fall into if you try to handle contractual work on your own. If you’re purchasing real estate from a partnership, corporation, or trust, you can definitely expect a lot of paperwork for the deal to go through. Having a great business attorney to help you figure out what the contract is saying is critical.
2. Help with Liens and a Title Search
Another great reason why lawyers make real estate transactions go smoothly is that they can help you confirm that the property doesn’t have any liens on it. Business lawyers will help you out with a title search that confirms the seller can legally sell you the property. If there is indeed a lien on the property, having a real estate lawyer to give you advice on the spot is always nice. If you are looking for help with your real estate transaction, reach out to Derryberry & Associates LLP today.
3. Ensures a Successful Closing
It’s natural for you to feel a little jittery when your closing day is approaching. The truth is that closing can be very stressful if you don’t surround yourself with the right time. Hiring a real estate attorney is an investment that can help you ensure a successful closing on your real estate deal. There’s a lot that actually happens on closing day, which is why having a great legal mind by your side to push the deal forward is such a valuable asset. If you are interested in hiring a business lawyer to help with your real estate transaction, reach out to Derryberry & Associates LLP today. We can help you ensure a successful closing and avoid any last-minute issues that might arise on the big day.