Buyers and Sellers Need a Real Estate Lawyer in Davenport

by | Aug 4, 2016 | Lawyers and Law Firms

Whether you are buying or selling real estate you need a real estate lawyer in Davenport area, IA! A lot of people make the mistake of entering into a contract to buy without the benefit of a lawyer on their side. This can be a huge error in judgement. If you have ever been involved in a real estate transaction you know that sellers, agents and others like for everyone to use the same attorney but it’s a mistake.

Facts to consider

There are a few facts about a real estate transaction that many people do not consider hard enough or everyone would have their own lawyer on board:

  • Buying or selling real estate usually involves very large sums of money.
  • Contracts are usually very long and most people do not read them in their entirety.
  • Contracts to purchase or sell are binding. There are only a very few circumstances where you can legally break a contract to buy or sell.
  • If you find out down the road that there is something in the contract (there often is) that you do not agree too but you have already signed you will be facing a real issue.

Having your own lawyer in the matter will help you to avoid any “surprises” at the closing table or any issues down the road. Everyone deserves fair representation at the closing table. No one should sign a binding legal document unless it has been reviewed by their OWN real estate lawyer for their own protection.

Don’t Sign Without a Lawyer

Hire a lawyer before you agree to a contract for sale or to sell. The cost is far more effective when you have a lawyer on board from the beginning then if you have to spend years in litigation.

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