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Why It Makes Sense to Consult with Real Estate Lawyers in Phoenix Before You Buy a Home

Purchasing a home involves massive financial commitment, usually the biggest one people will make in their lifetimes. More complex than a simple exchange of money for goods/services, a home purchase—especially when financing—requires due diligence and a substantial amount of paperwork. This is why potential homeowners should consult an experienced Phoenix real estate attorney before entering any binding agreements. Your chosen real estate agent will help you find your dream house, but it’s the legal team who will put your interests first and help you see any potential downsides or future issues with the home. 
Phoenix real estate attorney, consult with Phoenix real estate lawyer Purchasing a home involves massive financial commitment, usually the biggest one people will make in their lifetimes. More complex than a simple exchange of money for goods/services, a home purchase—especially when financing—requires due diligence and a substantial amount of paperwork. This is why potential homeowners should consult an experienced Phoenix real estate attorney before entering any binding agreements. Your chosen real estate agent will help you find your dream house, but it’s the legal team who will put your interests first and help you see any potential downsides or future issues with the home. 

In short, a real estate attorney helps you understand the fine print of every contract throughout the process, even the sales contract. Real estate agents typically use a template sales contract, meaning you could get shorted if you sign before consulting. Without a consultation, you might miss details like available legal options, HOA restrictions and other drawbacks. 

The sales contract is just the beginning, but it’s one of the most important pieces of the puzzle when buying a home. It protects all relevant parties, and it provides legal options in the event of necessary arbitration or litigation. On the other hand, if you don’t comprehend all parts of your sales contract, you could be agreeing to less protection than you thought. A real estate attorney can help you understand both the content and the complicated legal jargon in your sales contract so you’re fully informed. 

Arizona doesn’t require using a lawyer during the home purchasing process, but as noted, it can make the whole operation smoother and save you many headaches in the future. Your chosen lawyer can also provide services that your real estate agent isn’t qualified to handle, such as offering advice about your contracts or other legal aspects of the process. He or she also cannot negotiate contract modifications on your behalf in order to maintain your best interests. 

Another reason to consult with a Phoenix real estate lawyer is property disclosures. Sellers are required to disclose damages, defects in the roof or foundation, potential environmental hazards and known appliance issues. However, sometimes sellers avoid these disclosures in the interest of selling their home faster. If you suspect something in your potential new home should be disclosed, an attorney can negotiate an amended sales contract. 

The home buying process is intricate and full of twists and turns, so it’s no surprise that details get lost along the way. Unfortunately, these missed details can turn into major problems down the line, and homeowners find out that they agreed to unfavorable circumstances. Whether you’re vying for better legal protection or more thorough disclosures, a Phoenix real estate attorney can help. It’s his or her job to put your best interests first and ensure that the purchase and ownership go smoothly, which is why it’s wise to schedule a consultation before penning any signatures. 

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