Purchasing a home: You are already dealing with a real estate agent, bank, lending agency, title examiner, title agency, and a home inspector. It seems as if enough people are helping you; why would you need the assistance of a real estate attorney?
The short answer is because: The role of a Real Estate Attorney is to protect your interests.
Each of the above-described professionals play an important role in assisting an individual purchase a home, however their role is limited and they cannot provide legal guidance or advice.
Here are just some of the few things a Real Estate Attorney can help you with when buying or selling a home:
1. Review and negotiate the Purchase and Sale Agreement (P&S Agreement);
2. Review the Title Exam and perform any curative title work;
3. Potentially represent both you and the lender;
4. Gather and review the Declaration of Trust, Master Deed, and Unit Deed (if purchasing a condo); and
5. Most importantly: fill the role of a trusted advisor to help answer the dozens of questions that arise in purchasing real estate.
A real estate attorney will help work with other professionals to ensure that the purchase of your home occurs as smoothly as possible.
Bottom Line: To help ensure your interests are protected, retain a real estate attorney when purchasing a home.
I wish you all the best,
Scafidi, Juliano & Hurd, LLP
310 Washington Street, Suite 201
Wellesley, Massachusetts 02481
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