In virtually every real estate transaction, the same question emerges, “do you really need the services of a Real Estate Lawyer in Davenport IA?” There is a simple and complex answer to this question. The more complicated answer is based on your particular situation.
When Buyers should Hire a Lawyer
If you are purchasing a piece of real estate, there are certain situations that will dictate the need for a Real Estate Lawyer in Davenport IA, which include the following:
- If you are an out of town buyer
- If you are purchasing bank owned or short sale property
- If you are purchasing property that is part of an estate sale
- If you are purchasing commercial property
- If the property you are purchasing may have structural issues
- If you are purchasing property in problematic areas
When Sellers should Hire a Real Estate Lawyer
There are also a number of situations when sellers of property need to hire the services of a real estate lawyer, which include the following:
- If you are attempting to sell property in some type of distress
- If you are the executor or heir of a piece of property that the owner is deceased
- If you are attempting to sell a house with a partner who is non-cooperative
- If you have a feeling that there may be some issue with the property
- If you have any liens or judgments in your background
If you are facing any of the situations highlighted here, then the services of a real estate lawyer can be invaluable. Be sure to consider who you hire carefully since you need to find someone experienced in the field who can help ensure your situation is handled in the proper, legal fashion.
For more information about when you should hire a real estate lawyer, contact David J. Franks. Here you can talk with industry professionals who can help you with your specific situation. With their assistance you can feel confident that your transaction will be handled properly and legally and that the purchase or selling of the property will occur without serious issues or hesitations..