There are many reasons why residential home buyers in and around Davenport, IA, need the services of an experienced real estate lawyer. These same reasons are also relevant for commercial property purchases and sales. Additional factors are often in place with commercial real estate, and both buyers and sellers benefit from having an attorney involved in the process and reviewing all contracts and documents.
Real Estate Agents Vs. Real Estate Attorneys
It is important to understand that a real estate agent often manages the purchase or sale of the property, while a real estate lawyer is there to protect the buyer or seller’s interests and ensure all legal requirements in the transaction are completed according to the specific local and state laws.
In many real estate transactions in the Davenport, IA, area, particularly when there are contractual conflicts, issues with the transfer or property, or if the property is in foreclosure, part of an estate, or in bankruptcy, the attorney and real estate agent are both involved.
Save Future Legal Costs
Unfortunately, not having a real estate lawyer involved to review documents and ensure all legal issues are addressed in the sale can cost a lot of money. If there are issues that are disputed later on, the court may need to get involved, which can be both time-consuming and costly.
Having a real estate lawyer review the sale as a buyer and a seller is an investment in your peace of mind. This is extremely important if there are any concerns or complications in the real estate transaction.
Are you looking for an experienced real estate lawyer in the Davenport, IA, area? Visit website to find out more about the services offered at David J. Franks, P.C.
