What Does A Durham Real Estate Lawyer Do?

Posted by admin on June 14, 2012 under Law | Comments are off for this article

When you are buying or selling a home, it is advised to include a Durham real estate lawyer as well as a real estate agent. The realtor will help you select the right house or right buyer and will help to negotiate a price and closing date. A Durham real estate lawyer can review the offers you make or receive to make sure you and your rights are protected.

When you are ready or make or accept an offer and haven’t retained a lawyer, make the offer contingent on a lawyer’s review and approval.

There are some non-legal services that claim they offer all the same services that a real estate lawyer can for less than half the price but take into consideration that a lawyer belongs to a regulated profession with standards that they must meet and insurance to cover damages made by mistakes or omissions.

Now a days, with all of the foreclosures, many title insurance companies and lenders are requiring you to obtain a lawyer to ensure that the title is good and clear, there are no liens against the property and the deal will close without problems.

A lawyer’s role can be as broad as you want it to be and you can ask that they provide a scope of their work and fees in writing before you hire them.

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