Selling a home or investment property is a big deal for most people. It’s also a transaction with its own area of law. Real estate attorneys facilitate property transactions, take some risk out of them, and help new sellers understand the legalities.
The Benefits of Hiring a Real Estate Lawyer in Ventura
Here are some benefits and protections you’ll get if you hire an attorney.
#1. Negotiation
Most people don’t spend much time negotiating. You might have negotiated the price of your last car or for a better salary, but that’s about it. Lawyers spend a lot of time negotiating. That means they’re better positioned to get you a deal that’s at least fair.
#2. Drafting and Reviewing Contracts
Any real estate transaction involves a lot of paperwork. The most common documents are sales contracts, appraisals, and homeowners’ association documents. A real estate lawyer can draft a deal-specific contract that covers everything. Also, they don’t have to include boilerplate clauses that no one wants.
#3. Interpreting Complex Real Estate Contracts
Individual real estate purchases aren’t easy, but they generally follow a predictable pattern. It’s usually more complicated when you’re dealing with a corporation, trust, or other large legal entity. You need a lawyer who can handle those legal stumbling blocks. This protects everyone involved and makes sure the deal goes through.
#4. Liens and Title Searches
Any real estate deal needs a lien and title search. By doing this, you make sure no one has a financial claim on the property and that you have the legal right to sell. Real estate attorneys can help you in many ways during the process. At a minimum, they can execute the lien and title searches. They can help you resolve an outstanding lien so the deal can move forward if they find one.
#5. Proper Filings
When property ownership changes, you must file a new deed with the county. Often your bank or mortgage lender can handle this, but a deed is legal. Don’t let a mistake at the bank cause you headaches. Attorneys ensure the deed meets all legal requirements. Additionally, they often complete the process faster. It’s mostly about giving yourself peace of mind when you hire a lawyer.
Finding the Best Real Estate Attorney in Ventura
If you decide to hire a real estate attorney, find a qualified lawyer to handle your transaction for your peace of mind. Signs of a good lawyer include:
#1. Knowledge of the local law
Choose a real estate attorney with knowledge of your local area, more specifically, your city. This is because real estate laws can vary from city to city in a state.
#2. Pleasant Attitude
Choosing someone you are comfortable working with is equally important as choosing someone who is knowledgeable. Throughout the process, you may have questions, so you need a patient and understanding real estate attorney. You may not want to hire a lawyer who is impatient, rude, or rushes the initial appointment.
#3. Great Communicator
Real estate attorneys should also respond to your calls or emails promptly. Calling a real estate attorney for a consultation, and waiting a week or more for a return call, could be a sign of what to expect.
#4. Good Reputation
A good reputation is also important when choosing a real estate attorney. Take your real estate agent’s recommendations, but do your own research as well. Consult friends or family who have hired a real estate attorney recently. You can also read reviews online. If they’ve had a positive experience with an attorney, you’ll probably have the same experience.
Get Full-Service Real Estate Representation
It’s easy for real estate processes to get complicated. You may benefit from the advice and guidance of a real estate lawyer when legal issues for your Los Angeles property arise.
The Law Office of R. Grace Rodriguez can help you will all your real estate needs, whether as an individual or as a business. With our full-service real estate practice, we know all about California laws. We offer comprehensive, efficient, affordable, and effective services.
Get in touch with us today to get started. Call us at (818) 734-7223.