Question: Do I need an attorney when I buy a house?
Answer:
In some states, you do need an attorney to complete a real estate transaction, but in others you do not.
Most
home buyers are capable of handling routine real estate purchase
contracts as long as they make certain they read the fine print and
understand all the terms of the contract. In particular, you should be
clear on the terms of any contingency clauses that will allow them to
back out of the contract.
If you have any questions at all, it
may be advisable to consult an attorney to avoid future legal hassles.
In looking for an attorney, ask friends for recommendations or ask your
real estate agent to recommend several. Call to inquire about fees and
to check on their experience. In general, more experienced attorneys
will cost more, but real estate fees as a rule are small relative to
the cost of the property you are buying.
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