Legal Benefits for Real Estate Buyers
By: Wendy Patton
© 2010. All rights reserved.
Buying property in this day and age can most certainly be a liability in every sense of the word. The word “Attorney” puts a certain feeling of uncertainty and fear into our very being. Not many of us like to call an attorney for advice or help of any sort, because we surely know, the charges we incur can be astronomical. This puts many of us in a quandary as to whether we should spend the money for attorney fees or take the risk of not having council, by doing without the cost or expense and unfortunately without the professional assistance that we might need or require.
Pre-Paid Legal Services is one of the most overlooked, yet beneficial tools for the real estate buyer. You should consult with a qualified real estate attorney if significant problems come up in the buying process. For example, you may need advice if the house has an illegal unit or addition, tenants in residence, or if there are problems with the title to the property. To avoid conflicts of interest, never rely on legal advice from the seller or one of the agents (even if that person is also an attorney).
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