Why You Need a Real Estate Lawyer on Moline, IL

by | Sep 9, 2020 | Law And Lawyers

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Most people understand they should work with a real estate agent when they buy or sell a home, but few realize they also need a real estate lawyer in Moline IL. Transferring ownership of a home requires legal documents. Real estate agents are unable to legally complete these documents. This means you need a lawyer on your side to help you close the sale.

Contracts Are Important

When you buy or sell a home, you will be signing a legally binding contract indicating the switch of ownership and the exchange of money for property. Because this is a legal document, your real estate agent can’t draft it. You will need a qualified real estate lawyer in Moline, IL to perform this task for you. The good news is when you work with an experienced lawyer, you will have someone who can explain all of the terms to you so you are always aware of what you are signing.

Protect Yourself

Working with a real estate agent is valuable in helping you find exactly the right home for your needs or the right buyer. However, even though your agent is working for you, the bottom line is they want to make a sale. Having an attorney who specializes in real estate transactions on your site will help protect you and ensure you understand what you are getting into. This can be especially important if you find you need to back out of the transaction for any reason.

Buying or selling a home should be exciting, but it can also be stressful. There is a lot of pressure to make sure everything is done right to prevent problems. Hiring a real estate lawyer in Moline IL will help protect you and ensure the transfer of ownership is completed without issues.

Are you trying to buy or sell a home? Visit the David J Franks Attorney-at-Law website to find out why you need a real estate lawyer in Moline IL to help.