When a person needs to hire a Real Estate Lawyer in Brooklyn NY, they are usually either buying or selling property. Perhaps the most common reason for a person to hire a real estate lawyer is that they are trying to buy a house and they want to make sure that the terms of the sale are fair and reasonable.
One of the first things that a real estate attorney will do is to look into the history of the house and the property it sits on. In some cases, the former owners of the home may owe money for certain things. For example, the former owners may not have paid for a roofing job. The roofers could have then filed a lien against the home. If a new person were to buy the home, they also inherit the lien against it unless the roof is paid for in full. The real estate lawyer will look for problems like this and make sure they are all resolved prior to the purchase.
Another reason that a Real Estate Lawyer in Brooklyn NY is so important during the home buying process is that they can act as a skilled negotiator. Most home sellers put a price far above what they really expect on their home when they put it up for sale. The real estate lawyer can look into the prices that similar properties have sold for, and they can suggest a good price to pay for the home.
Making sure that the purchase contract covers every single possible circumstance is another job for the real estate lawyer. In some cases, a seller will have a contract created ahead of time. If so, an attorney like The Law Offices of Elan Wurtzel needs to look over the purchase contract to make sure that it is balanced just as well for the buyer as it is for the seller. There is no reason to pay more than is reasonable or to sign a contract that puts you at any disadvantage when you’re working with an experienced real estate attorney. Before you buy or sell, call a local real estate lawyer today!
