How a Real Estate Lawyer in Brooklyn NY Helps in a Home Purchase

by | Oct 8, 2015 | Attorney, Lawyer, Lawyers, Legal

If you are selling a house in New York, the team of people helping you should always include a Real Estate Lawyer in Brooklyn NY. While the real estate agent is the one who helps a buyer find the perfect home for the situation, a real estate lawyer is there to make sure that the entire process of purchasing goes smoothly. The lawyer will assist in reviewing counteroffers from the owners of the home and help make certain that all of the buyer’s rights are properly protected.

One of the most important things that a real estate lawyer will do is to help with the review of the buyer’s contract. This purchase contract for the new home can be extremely complex and a buyer needs to be well aware of all their responsibilities before they sign on the dotted line. The real estate lawyer is also usually the person who does the background work on the property. This means looking for covenants, liens, and other legal actions that may have been registered against the property. While having a lien on the property does not necessarily preclude a sale, it is something that any buyer needs to be well aware of since it can change the price of the home.

Another extremely important task of a real estate lawyer is to analyze all of the adjustments. This means looking at how much is being paid for utilities, how much is being paid for taxes, and other costs associated with the home. The buyer needs to be well aware of anything that is significant enough to impact how much they pay to buy and live in the home for the long term.

The real estate lawyer will also be there to help their clients at the closing of the home. Just to be absolutely sure that all documents have been properly prepared, the real estate lawyer will review them one final time before the clients sign the purchase contract. If you need to speak with a Real Estate Lawyer in Brooklyn NY, consider contacting The Law Offices of Elan Wurtzel as soon as possible.

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