Selling or buying a home can be a complicated and involved process. If you have decided to sell or buy a home without the aid of a qualified real estate agent, it is one that can easily lead to mistakes that could cost you tons of frustration...even money. With this in mind, you should at least hire a real estate attorney who can help protect your interests (and your wallet) in the process. Typically, you can hire an attorney in the Central Ohio area for less than a few hundred dollars which means you can buy peace-of-mind and a lot of protection for a small investment.
Here's just a sample of what an attorney can do to protect you:
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- Write and negotiate the contract
- Review lender financing options
- Negotiate repairs that might be discovered during the inspection
- Review the title commitment and assist the title company to insure clear title
- Review the settlement statement for accuracy and compliance to the contract and lender's commitment
- Review and describe the closing documents
- Attend the closing as your representative
- Review the title policy after the closing to ensure that the title company did its job
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