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FOR
SALE BY OWNER GUIDE |
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HIRING A REAL ESTATE ATTORNEY
Selling your home isn't brain surgery, but it is a legal
transaction. The purchase agreement between you and your buyer is
a legally binding contract. This is a case where you want the i's
dotted and the t's crossed – not the other way around.
Real estate agents are trained in real estate law and know the ins
and outs of the many regulations that are there to protect you and,
especially, your buyer.
So are real estate attorneys – the advantage of the latter is
that they work on an hourly basis or for a flat fee, and not on a
hefty percentage of your home.
So your next step is to find and hire a real estate attorney. An attorney
will provide you with the legal forms for every step of your transaction,
help you to evaluate offers, provide assistance whenever negotiations
might be in order (which can happen at any time in the sales /escrow
process) and offer advice that, if followed, should keep you out of
trouble.
No, attorneys aren't inexpensive but they are cost-effective –
compared to an agent or a lawsuit!
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