Imagine you and your spouse are expecting a new child. This is exciting news! But when you look around the apartment that the two of you have been living in for the last few years, it quickly dawns on you that this living situation simply won’t work when your bundle of joy comes home. You and your spouse start looking for homes, because when it comes time for your son or daughter, you will want them to live in a comfortable home.
Buying a home is a daunting and intimidating challenge, though. There are a lot of potential problems, in addition to all of the procedural steps that you need to take in order to successfully buy the home of your dreams.
Consider a simplified timeline for buying a home. The seller signs a contract with a broker to sell their home. The broker finds potential buyers, who enter into agreements to eventually purchase the home. Negotiations will occur, and the actual legal process of transferring the title for the home to the new owners is complicated. In fact, all of these steps are complicated.
This is why having a lawyer during the home buying process is essential. There are so many potential legal pitfalls that you will need the legal experience of a lawyer, as well as all of the advice he or she can give you to see you through this tough, but exciting, time.
Source: FindLaw, “Why You Need a Lawyer When You Buy or Sell a House,” Accessed April 25, 2016