How To Save Thousands when buying a home

Hire your Attorney before you sign the Sales Contract

Buying a home is probably the most expensive purchase most of us will ever make. Wouldn’t it make sense to have an experienced real estate attorney on your side making sure you are getting the best deal possible?  When you start the process of looking for your dream home make sure you have an expert to call and consult with.  Your Attorney is truly your only advocate in the process.  

Reasons to have an Attorney

In Connecticut title insurance companies and mortgage lenders actually require a buyer to use an attorney. Once you get to the closing table you will have to have an attorney-why not get one at the beginning of the purchase instead of at the end. The cost won’t change and you will have peace of mind knowing you have an experienced person you can call with any questions.

A real estate attorney protects your investment and makes sure you get what you bargained for. Without an attorney, you may purchase a house for more than it is really worth or lose your deposit.

Your attorney will verify that title is good, that there are no outstanding liens against the property, and that the deal will close as anticipated.

Having an attorney upfront takes the guess work out of the home buying equation and can help you with questions like.

  • What are the closing costs to  get into my new home?
  • Should I use a Bank or a Mortgage broker?
  • Am I getting a good deal on the home if it needs some work?

These are just a few of the questions that a really good Attorney can help you with.

 

Great Attorneys make the buying process easy because they:

Review the terms of your mortgage and confirm that the rates and fees match those that were quoted to you and are reasonable and fair

Check the title to the property for existing liens, mortgages, or restrictions on the property

Arrange title insurance protection to cover you from financial losses due to defects in the title of your property

Review the contract and make sure you meet all your deadlines, inspection deadlines, mortgage contingency deadlines, contractual closing date deadlines

Attend the closing and review all the papers you will be required to sign

A good attorney can do so much more.

Want to save thousands on you new home?

With a few simple tricks you can. Buying your dream home should be fun and exciting.  If you want an Attorney who takes your calls then, give me a call or shoot me an email or text and let’s get you in your dream home.

Share and Spread the Word
Kate Forte

Kate Forte

Kate's been practicing Law for over twenty years. Estate planning and general law are her specialties.

Click Here to Leave a Comment Below

Leave a Reply: