Select a good attorney when you are drawing up that sales contract!

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Select a good attorney when you are drawing up that sales contract!


Before you sign an agreement of sale, you might consider asking an attorney to look

it over and tell you if it protects your interests. If you have already signed your

agreement of sale, you might still consider having an attorney review it.

An attorney can also help you prepare for the settlement. In some areas attorneys

act as settlement/closing agents or as escrow agents to handle the settlement.

An attorney who does this will not solely represent your interests, since, as

settlement/closing agent, he or she may also be representing the seller, the lender

and others as well.

Please note, in many areas of the country attorneys are not normally involved in

the home sale. For example, escrow agents or escrow companies in western states

handle the paperwork to transfer title without any attorney involvement.

If choosing an attorney, you should shop around and ask what services will be

performed for what fee. Find out whether the attorney is experienced in

representing home buyers.

You may wish to ask the attorney questions such as:

What is the charge for negotiating the agreement of sale, reviewing documents and

giving advice concerning those documents, for being present at the settlement, or

for reviewing instructions to the escrow agent or company?

Will the attorney represent anyone other than you in the transaction?

Will the attorney be paid by anyone other than you in the transaction?

As you can see, there can be many questions you may have. An attorney is one

professional that can at least give you the insight on whether the deal you are

planning to make is a sound one.

After all, it could potentially save you thousands of your hard earned dollars.

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I hope this helps,

Curt de la Cruz
http://www.101-credit-debt-finance.com