When buying a Charleston home, many people never think about the need for a real estate lawyer. However, South Carolina requires that the lawyer is present during closing procedures. Typically, your real estate agent will already have one on standby during closing. Here’s why you need a real estate lawyer when selling or buying a Charleston home.
Why a Real Estate Lawyer is Important
The mission of a real estate lawyer is to make sure the real estate transaction run smooth and peaceful. They’re the main contact person once the selling price and terms are established by all parties. Some of their duties include reviewing the contract and communicating with the title company. Plus, they may negotiate repair terms based on what’s stated in the home inspection report. Below are some scenarios when a real estate lawyer should be present:
Buying a Charleston Home:
- When you’re relocating from another city or town
- When you’re purchasing a bank owned, commercial or short sale property
- When you’re buying property through an estate sale
- When the property may have a structural default, or is in a flood zone
Selling a Charleston Home
- When selling property that may have a structural default, or is in a flood zone
- When you’re the heir or executor of property given by a deceased owner
- When you’re selling a home with an unwilling partner
- When you have judgments or liens you’re involved in
Contact Us Today Before You Start Buying a Charleston Home
Remember, a real estate attorney is there to guide you through the closing process. However, a qualified real estate agent will make sure you already have one before closing time. At Charleston Home Team Real Estate, we strive to make sure your home buying (or selling) experience is pleasant and stress-free. Contact us today at (843) 628-3960 before you start buying a Charleston home!