Many people assume that a Real Estate Lawyer in Suffolk County NY, only provides help to commercial interests that are seeking to purchase property for development. The fact is that many lawyers who specialize in real estate law also provide support to people who want to buy or sell residential properties. Here are some of the reasons why securing this type of help makes a lot of sense.
Checking the History of a Property
For buyers, it pays to do some checking into the background of a property before submitting a bid. The goal is to determine if there are any prior claims on the property that could cause problems later. It also helps to have a Real Estate Lawyer in Suffolk County NY, check past title transfers and make sure there are no discrepancies that could lead to issues about where property lines happen to be. Assuming the title is clear and there are no irregularities in the past sales, the client can submit a bid with confidence.
Clearing Up Past Issues
When a homeowner is thinking about putting a property on the market, it makes sense to do some checking and make sure there is nothing that could cause issues for any prospective buyer. In this scenario, the goal is to ensure that all claims against the property were settled and the title is free and clear. Doing so will help expedite the sales process when the right buyer comes along.
Assuming there is some minor issue, such as the failure of the mortgage lender to release the title when the debt was settled, the lawyer can contact the company and ensure the process is completed without fail. Once confirmation is received and the details are updated with the local jurisdiction, the seller does not have to worry about buyers coming across information that is outdated.
For help with any matter related to real estate, contact The Law Offices of Elan Wurtzel today. After the first meeting, there will be no doubt about what needs to be done to protect the interests of the client. With a little time and patience, everything will be settled and the client can move forward with the purchase or the sale.