Many people think that a real estate deal is just like
buying a car. You go to a dealer, sign the documents and then leave with your
car. This perception is the root cause of the issues many people face in real
estate deals. A large number of these problems could be avoided if a real
estate attorney supervises the deal and its various stages.
It is important to understand that any real estate deal has
three stages. The deal progresses through these stages in a set pattern. At
each stage, the presence of a real estate
attorney San Diego helps each party protect their right.
The first stage is the initial contact. At this stage, the
buyer contacts the seller and expresses their interest in procuring the
property. In many cases, this stage is carried out remotely with little or no
contact between the parties. At this stage, the lawyer evaluates the claims of
the seller and the title of the property.
The second stage is the agreement. This stage is very
critical because the parties sign a contract that becomes a binding legal
obligation. This is the stage where many people request the services of a real
estate attorney San Diego.
The lawyers study the contract and highlight any clauses that might hurt the
interests of their clients. Once the
contract is signed, many people make the mistake of disengaging the services of
the attorney.
The final stage of the real estate deal is the actual
transfer of the title and related issues. This is where the money changes hand
the property is transferred to the new owner. A competent real estate attorney San Diego is the right
person to supervise the process to ensure that the legal requirements are met
and that their clients receive the best possible services under the
circumstances.