Need A Lawyer When Buying in Greece
Buying or selling a home will probably be the largest and most significant transaction you will make in your life. It involves the law of real property, which is unique and raises special issues of practice and problems not present in other transactions. A real estate lawyer is trained and has the most experience to deal with these problems.
Real estate closings are complicated matters and require a thorough knowledge of the law. It is important that you are guided throughout every step of the closing procedure by an experienced real estate lawyer.
A real estate attorney performs many time consuming tasks preparing for a closing : pre-contract drafting and negotiation, document review, examination of the title, gathering and explanation of legal documents, resolution of any possible title difficulties, advice on taxation and the legal way to make payments, contract drafting and negotiation.
An experienced real estate attorney oversees the entire procedure, saving you from being overwhelmed by the paperwork involved, takes care of the disclosures that need to be made, inspections, loan documents, title assurance , and issues that can suddenly turn a sure sale into a disaster.
A real estate attorney thoroughly examines the title records for prior conveyances, unpaid mortgages, liens, judgments, easements, and other encumbrances, examining if the seller has the authority to convey a legal and clear title to the property and that no errors exist in the deeds in the chain of title.
A real estate attorney examines all necessary paperwork needed from the seller, the seller’s tax status, the engineers’ sketches and certificates regarding the property and its legality.
A real estate attorney deals with last minute disputes and issues arising during the final stage of the closing procedure regarding delivering possession or the adjustment of various costs, such as pending utility bills.
Being represented by an experienced real estate attorney, can assure you that all issues will be properly addressed and that your interests will be protected.
Foregoing a real estate attorney is neither the best nor the smartest way to save money when buying or selling a house, as it is likely that you may get involved in serious legal issues and end up spending more money than anticipated and necessary.