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Real Estate Law: You need a Real-Estate attorney on your team!

Writer's picture: Elman WoodsonElman Woodson

Here are 6 reasons you need a real estate attorney as part of your home buying team.


1. Your attorney will prepare the contract of sale and add a rider with additional terms to negotiate on your behalf.


2. Once the contract is signed your attorney will do several things to prepare for closing. Your attorney will review the title report to identify any issues that need to be addressed prior to closing.


3. A real estate attorney will prepare the closing documents including the deed and the transfer tax returns.


4. The attorney will calculate the amounts owed for closing.


5. If there is a mortgage loan, your attorney will request the payoff letter from your lender and calculate the closing costs owed and the proceeds owed to you as the buyer.


6. Lastly your real estate attorney will represent you at the closing, advising you on the documents you are signing and making sure that all payments are accurately made.


As you consider your home purchase consult Woodson Law!

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