Protecting Your Interests Through Information And Engagement - Questions For Your Residential Real Estate Attorney
Owning your own home can be a fantastic accomplishment that you'll be proud of your entire life. It might also come with some challenges that you never saw coming, and you need to be prepared to respond to those concerns as they arise. Working with a real estate attorney to protect your interests is an important first step, but it's important that you strive to develop productivity from that relationship.
Below, you'll find a guide to some questions that you should be sure to ask your residential real estate attorney. Having the answers to these questions can help demystify the legal process, and can put you in a position to find true productivity through all of the potential static.
Ask About Title Issues
A thorough title search is an absolutely essential part of any real estate transaction, but decoding the results of that search may be a difficult process. Sifting through ownership history, past liens, and a variety of other legal entanglements can leave struggling to make sense of your ownership situation.
Take the time to walk through any issues discovered during a title search with your real estate attorney. He or she will be able to explain each issue in detail, and should also be able to outline the ways in which they might interact with each other and affect your ownership rights.
Ask About Closing
As you approach the end of the purchase process, it's easy to have anxiety about issues that could derail the purchase. Until documents are signed and keys are in your hand, it's natural to have a degree of anxiety, but it's also important not to let those fears become intolerable.
Your attorney will be able to preview your closing and lay out any issues which are likely to arise during the process. Having a handle on these problems means you can act to preempt them, and should put you in a position to guarantee that you won't be dealing with unwelcome surprises.
Ask About Communication
Fundamentally, the most important thing you can do to build a strong relationship with your real estate attorney is avoid miscommunications. Be careful not to let your anxiety about the process spill over into frustrations. Develop a regular communication schedule with your lawyer where you can hash out any issues and receive regular updates on your purchase. This will guarantee that you stay in the loop without creating frustrations between the parties.
Contact a real estate agent, like Hornthal Riley Ellis & Maland LLP, for more help.