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Buying a Home: Why You Need a Real Estate Attorney


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Buying a Home: Why You Need a Real Estate Attorney

When I bought my first home, I basically signed whatever was placed in front of me. The idea of becoming a homeowner overshadowed any concerns that I might have. Besides, the agent seemed to know just what needed to be done. It was only later that I learned there was some confusion about the location of the property lines. Two years and several thousand dollars later, I finally got things straightened out. When I bought my second home, you can bet that I had a real estate attorney by my side. Everything was checked and double-checked before I signed anything If you are thinking about buying a home, take nothing for granted. Let me tell you more about my experience and why you need your own legal counsel. In the long run, you'll save a lot of time and trouble.

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Don't Hire Blindly! Ask These 4 Questions Before Enlisting A Realtor

When buying property, it's imperative to interview several real estate agents before finding the right one. But that's not always easy as there are many inherent factors to consider. That means that you must ask the right questions during the interview process to find the ideal agent. As such, here are four essential questions you must ask your prospective candidates to find the most qualified realtor who can facilitate a seamless buying or selling process.

What's Their Experience Level in the Real Estate Industry?

Experience is an essential quality for any realtor, and a critical factor to consider during the selection process. A highly experienced real estate agent is familiar with the steps involved in purchasing or selling property, including handling the challenges involved. However, this doesn't imply that newer entrants in the real estate profession aren't suited. If you choose to give a new realtor a try, consider taking this question a notch higher. Inquire about their mentors and whether they work with a professional team of some kind. That's because you need some reassurance that the realtor has a fallback plan should the process hit a snag.

How Many Successful Real Estate Transactions Have They Achieved so Far?

When trying to understand a realtor's level of experience, go a step further to inquire about the successful transactions achieved so far. While the number of sales does matter, a real estate agent who conducts business professionally and consistently is worth hiring.

Work with a professional whose track record in the real estate industry is consistent and not an individual whose practice is sporadic or part-time. The chances are that such a professional can use their expertise during the entire process of helping you buy or sell a property.

How Well Do They Know the Area You are Buying or Selling Your Property?

When finding a reliable real estate agent, you want to hire someone who has an excellent understanding of the area. That will assist you in getting quick answers to some critical questions you may have. For example, a realtor who's well versed with the area can offer great insights into the applicable property rates and taxes, topography, road infrastructure, and much more. Such information is very crucial when purchasing or selling property.

How About Availability?

Real estate is a challenging and involving job that requires a lot of time. Therefore, reliable agents must always tackle every aspect that goes into the transaction and schedule meetings with clients. In addition, a realtor's presence is crucial to ensure a smooth purchase or sale of your property. If your agent has a host of commitments that deny them the time to handle your business, then you may want to find another realtor instead.