When to Use a Real Estate Lawyer for a Closing

When to use a real estate lawyer for a closing? And, why not just go through a title company?
By: Coldwell Banker Schmitt Real Estate
 
ISLAMORADA, Fla. - April 6, 2020 - PRLog -- Per Jan Keller, Top Producing Real Estate Agent for Coldwell Banker Schmitt Real Estate, and owner of Kellerporterteam.com "Everything about Real Estate in Islamorada and the Upper FL Keys," When to use a real estate lawyer for a closing comes down to a particular set of circumstances. For instance, when there are legal issues around the deal. (Or, possible legal issues might arise.) However, that's certainly not all. Here are 4 reasons to go through a real estate attorney, rather than a title company:

A real estate attorney works for you. when you close through a title agency, that company is working for someone else and not you. However, a real estate lawyer works for and represents the person who obtained his or her legal services.
Title companies cannot provide sound legal advice. Only licensed attorneys can provide legal advice and they know the laws that are involved with real property transactions. What a real estate lawyer tells you is based on years of practice and experience, and not just what others have said and heard.
Title agencies are limited in their capacity to deal with special circumstances. Unfortunately, a good number of real estate transactions run into various issues, most of which title agencies are simply not equipped to handle or remedy. In fact, when such issues do arise, an attorney is usually necessary anyway.
The cost is usually comparable, but the peace of mind is even better. Most people mistakenly think that hiring an attorney is very expensive. Although it seems this way, it's really not the truth. In most instances, a real estate lawyer will cost just about the same amount as a title agency but will offer a lot more peace of mind.
• 5. A real estate attorney can spot future problems and alert you to them. since only licensed attorneys are able to give legal advice, they are able to tell you about potential issues that may come up in the future and help protect you from them.

As you can see, it is usually better to go through a licensed real estate attorney than with a title agency for your closing because you get so much more for what you put into it. You're not only getting a professional service but peace of mind as well.
For more information about Islamorada Luxury Homes for sale in the Upper Florida Keys, please contact Jan at http://www.islamoradajan.com

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Source:Coldwell Banker Schmitt Real Estate
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Tags:Upper Keys Luxury Homes
Industry:Real Estate
Location:Islamorada - Florida - United States
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