When planning a home purchase some people may choose to hire a Real Estate Attorney Redding CA instead of a Real Estate agent. Though this isn’t a common practice, it may be a good idea, especially for certain especially sticky situations that may need more legal expertise than a traditional Real Estate agent may possess.
There are many ways a Real Estate attorney may be helpful in the purchase of a home. One very good reason to consult with an attorney when buying a home is if you are interested in a “For Sale By Owner” home. Because there is no commission for a Real Estate agent, they usually won’t get involved in the sale at all. Without guidance throughout the home purchase, there is a great potential for errors to be made that can have a negative outcome in your purchase down the road. An attorney will be able to walk you through all the steps of the sale and make certain that you, his client, are protected throughout the process, from the negotiations, to the home inspections and financing all the way through to the closing.
Another reason to use a Real Estate Attorney Redding CA when purchasing a home is if you happen to have a question or multiple questions about the home sale contract. No matter if you are the buyer or seller, there is no doubt your Real Estate agent should be working for you, but many people feel safer if an attorney reviews the contract documents to make certain that they are fully protected in the sale. Real estate contracts are full of legal jargon and it’s assuring to know that that everything was reviewed prior to your signing.
Real Estate agents and Real Estate attorneys are not cheap. Real Estate agents usually work for a set commission price based on the sale price of the home. A Real Estate Attorney Redding CA usually has a set hourly fee. Depending on the complication of the real estate transaction, this can turn out to be either cheaper or more expensive than a traditional agent handling the house purchase, but either way, it’s a good feeling to you know you’re protected.