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Do I Need a Connecticut Real Estate Attorney When Buying a New Home?

Posted on in Real Estate Law

stamford real estate lawyerOver the past year or so, the real estate market has been booming here in Connecticut and across the country. The norm has become that when a “for sale” sign is put in front of a home, it is only a matter of days before an “under agreement” sticker is added.

If you are in the market for a new home or have already been lucky enough to have an offer you put on one accepted, there are a myriad of issues that need to be addressed for the transaction. While there is no law that legally requires a buyer to retain the help of a real estate attorney, having one looking out for your best interest can be critical to avoiding costly legal issues further down the road.

How a Real Estate Attorney Can Help

The majority of residential real estate transactions are done with the assistance of a real estate broker or agent. It is not uncommon for there to be two agents involved in a sale – the seller’s agent and the buyer’s agent. Keep in mind, however, that these agents are earning commissions on the sale. Therefore, their goals will be to do everything they can to ensure the sale goes through. If the purchase falls through, there is no commission and no financial reimbursement for the hours the agents have spent on the potential transaction.

When you have an attorney representing you in the sale, his or her only goal is to make sure that your interests are protected. Your attorney will make sure that whatever has been negotiated in the contract is beneficial for you, or the attorney can negotiate a better contract. The attorney can also make sure whatever inspections should be performed are done correctly and make sure that any and all potential issues with the property have been disclosed.

Your attorney can also investigate any issues with building and zoning codes and that all proper permits were obtained for any construction that may have been done. For example, if you are planning on adding any additions to the home, your attorney can verify that this will be allowed under the local zoning laws of the town the home is located in.

Another common issue that an attorney can address is verifying property lines and easement agreements that may be on the property and verifying that all rules and regulations have also been followed.

 Contact a Fairfield County Real Estate Attorney

If you are purchasing a new home, this exciting time can also be stressful with all of the factors that you need to make sure are addressed. An experienced Stamford, CT real estate lawyer can take some of that stress off of you, as well as make sure that your interests are protected in the transaction. Call Law Offices of Daniel P. Weiner at 203-348-5846 to schedule a free consultation and find out how our firm can help.

 

Source:

https://www.forbes.com/advisor/mortgages/real-estate-attorney/