Monday, June 29, 2020

Do I Need a Real Estate Attorney in Alexandria, Virginia?


We have a strong DIY society. In many cases, this is a good thing. Go ahead and fix that bathroom faucet. But there are some things for which you should hire a professional. You probably don't want to perform your own brain surgery. But how about when buying and selling real estate? While it may be tempting to perform real estate transactions without an attorney, there are many good reasons to hire one.

It's the Law
Many states require a real estate attorney to be present at closing. This is the case in Virginia. Although different regions of the state may have different interpretations of the rule, you should always contact real estate legal services Alexandria VA when contemplating a real estate transaction. They can make sure all the paperwork is correct and that your rights regarding the property were honored.
It's Smart
Whenever you are engaging in a real estate transaction that looks the least bit complicated or non-traditional, hire an attorney. Some non-traditional scenarios could include: you are an out-of-state buyer, the owner is out of state, the property is bank owned, it's a commercial property, there are judgments or liens on the property. There are countless other examples that could make your transaction difficult. It's worth paying the attorney to ensure everything is legal.
It's a Time and Money Saver
Do you want to spend hours tracking down a property title? Didn't think so. Hire a real estate attorney and let them take care of the details. They can negotiate on your behalf in addition to helping you understand all the rules. Are area property taxes confusing? How about capital gains taxes? Instead of traversing this thorny field on your own, get an expert who has waded through many times and knows the lie of the land.

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