Why should one hire a lawyer, when they are making a real estate transaction?

With all respect to real estate agencies, normally the selling party is required to pay, at a minimum, a 4% commission to the real estate agent. This is solely to cover the real estate fees, the preparation and negotiation of the offer and to coordinate the closing process.

When one hires a lawyer to oversee this transaction, they receive all of the above services, as well as, receiving professional legal advice to negotiate the terms and conditions of the contract. This legal advice is crucial to obtaining the most convenient agreement possible.

Having professional legal services, for these types of transactions, will definitely improve the terms and conditions of the contract and/or offer to purchase. This will establish the best situation to complete the deal and minimize your risk considerably. Professional legal services will also provide the needed guidance to reduce costs and eliminate unnecessary expenses.