We understand that not everyone is fond of lawyers, but we always have our client’s best interests at heart, so having one on your side can make buying or selling a property go more smoothly. Here are a few things you should be informed about when looking for a real estate lawyer in Santa Barbara, CA.
Don’t Hesitate to Contact Us
Don’t wait to call a lawyer after you have signed a contract; let us get involved beforehand. Imagine purchasing a property without hiring a lawyer and a tax lien goes undiscovered. That will leave you with a new home and the responsibility of thousands of dollars in old tax debt, and you may risk foreclosure. You can avoid such headaches by hiring a professional real estate lawyer before signing on the dotted line.
Lawyers Can Do Things Estate Agents Can’t
Some states require that a lawyer is involved in a closing, while other states allow realtors to prepare purchase contracts without an attorney’s involvement. In most instances, a real estate lawyer will behave as a referee to ensure that everything is done in accordance with the law. However, if you want to add a few unusual terms to a purchase agreement, or if you are concerned about a legal issue, a lawyer will provide legal advice that a realtor may not be able to offer.
Lawyers Work for Sellers, Too
An attorney can be a godsend for sellers when it comes to helping the seller understand the tax consequences of selling their property. If you don’t know your closing costs from your selling costs, a real estate attorney will help you navigate the waters of the sale of a property and accurately calculate your gains, which will save you money in the long run.