Closing on a new home can be an exciting and frightening experience for new buyers. Purchasing a home is a big commitment and expense and should never be entered into lightly. Because the process of purchasing a home can sometimes be wrought with obstacles, it behooves buyers to hire a real estate closing lawyer to help them. A lawyer will guide them through the process and be there at the actual closing to ensure their client’s rights are protected and they are making a sound decision in their purchase.
There can be many legal headaches when mistakes and omissions are a part of the purchase process. It is especially important a person has their lawyer carefully review the deed to ensure all aspects of the property are built to code. A lawyer can check the entire deed and lot survey to ensure all work was done according to code and with the proper permits. A person should never purchase a home that does not meet code or was not built with the proper permits or they could end up purchasing a money pit.
A lawyer will also carefully inspect the following for common mistakes and omissions:
- All mortgage loan documents will be reviewed to protect the buyer from any issues that would infringe upon their rights.
- The lawyer will review the Plat of Land Survey to ensure the property their client is buying is properly surveyed.
- The lawyer will review the title to ensure there are no liens that would prevent the legal sale of the property.
- The Title of Insurance forms will need to be reviewed to ensure they are sound and there are no errors or issues.
- The lawyer will also carefully review the deed to ensure the property owner legitimately owns the property and has the right to sell it.
If you are considering purchasing a new home, it is imperative you protect your rights and best interests through the process. Hiring a lawyer and having them present at closing is advised to ensure no issues arise that would prevent the successful purchase of a home. Call the office today if you would like to schedule a consultation appointment.