Do I Really Need a Fairfield County Real Estate Lawyer for My New Home Purchase?

 Posted on April 28,2023 in Real Estate Law

 Purchasing your first home is an exciting time for many people, but it can also be a stressful one. There are many issues that must be addressed from the day you sign the purchase agreement to the day you have the closing. Overlooking an issue that you may not even be aware of can cause a delay in the process or even negate the transaction completely. This is why it is in your best interest to have a real estate attorney representing you through this process. The following are some of the things that your attorney can address for you.

Reviewing and Preparing Legal Documents

Purchasing a home involves a significant amount of legal and financial paperwork, including purchase agreements, mortgage documents, and title deeds. Your attorney will prepare and review these documents to ensure that they are both legally correct and binding and in your best interest. Your attorney will also make sure that you understand the complicated legal jargon in these contracts that can often be difficult to understand if you do not have a law degree.

Ensuring Compliance with State and Local Laws

Not only do real estate laws vary from state to state, but they can also vary from municipality to municipality. What may be allowed in Norwalk may not be allowed in Stamford.  Your lawyer can ensure that your purchase complies with all applicable laws and regulations, as well as navigate through any legal issues, such as zoning restrictions or environmental regulations that may come up during the purchase process.

Conducting Title Searches

A title search is an essential step in the home-buying process. It involves verifying that the seller has a clear title to the property and that there are no liens or other legal issues that could affect your ownership of the property. The mortgage company will require you to obtain title insurance. The title insurance company will hire a title review company to conduct this search. However, that company is working for the insurance company rather than for you. Your lawyer can address any title issues that can arise before you actually purchase the property.

Contact a Fairfield County Real Estate Lawyer

If you are looking for a new home, contact a Stamford, CT real estate attorney before you begin the process. Your lawyer will address many issues to ensure you are getting the best deal possible, including getting a fair price for the property and ensuring that any contingencies or conditions are in your best interests. Call Law Offices of Daniel P. Weiner at 203-348-5846 to schedule a free and confidential consultation.

Sources:

https://www.jud.ct.gov/lawlib/law/home.htm

https://www.investopedia.com/terms/t/title_insurance.asp