For anyone who is thinking of buy a home, it pays to have a Real Estate Lawyer in Mahopac NY on hand. A lawyer of this type will protect the rights of the buyer in more than one way. Here are a few examples of what that lawyer will bring to the table.
Checking the History of the Property
The Real Estate Lawyer in Mahopac NY can oversee the process of checking the history of the property. This includes determining if there are any type of liens or other financial claims to the real estate. That check will also ensure that any past sales were conducted well within the bounds of applicable laws, and that no previous owner will be able to return and lay claim to that property.
Going Over the Purchase Contract
The lawyer can also review all the terms and conditions found in the purchase contract. This is especially important if the seller has agreed to specific conditions for the sale, such as paying for the cost of a new roof or having something repaired within a certain amount of time after the purchase. The goal is to make sure that the buyer understands exactly what is and is not in the contract, and can determine if it needs to be amended or can be signed immediately.
Confirming the Terms for the Home Financing
The lawyer will also help the buyer understand the specifics of any mortgage contract used to buy the property. This includes being aware of any possible fees or penalties that could be invoked by the lender if certain events come to pass. The goal is to make sure the buyer understands exactly what type of commitment is being made to the lender, and what the lender is offering in return for that commitment. The bottom line is that the buyer should always consult with a lawyer before agreeing to purchase any real estate.
Contact the team at before agreeing to anything and let them go over all the documentation, including the sales history of the property. Doing so will help to avoid the possibility of quite a few headaches in the future.
