If you’re selling your house, you might be wondering what questions to ask your lawyer before closing the sale. The truth is, every state has different laws that govern real estate transactions, and hiring an attorney is the best way to protect yourself. Hiring a lawyer is also beneficial for first time home buyers. You’ve likely spent many hours and thousands of dollars improving your home, and you want to sell it for a nice profit.
As your lawyer will prepare for the closing, you can rest assured that everything will be handled correctly. He will gather the necessary documentation and advise you on what to do. The lawyer will also take into account any issues with the title. For example, if you’re selling a home that you owe a mortgage, he or she will order a title report to make sure there are no liens or other blemishes. Lastly, you’ll need your attorney to coordinate with mortgage lenders and calculate any payments due at closing.
When you hire a lawyer, ensure that he or she is available to answer your queries. Most attorneys work on a standardized form and then add a rider with extra terms. Ideally, you’ll meet your lawyer during a normal business day, so if you have questions, you can always contact them. In addition, you can make sure that your lawyer will respond to you within a reasonable timeframe.