Tuesday, April 9, 2019

3 Ways a Lawyer Can Help When Buying Property​​​​​​​

Buying a home is an exciting process but it's also a very involved transaction. Your home is likely the largest investment you will make. It's important that your best interest and rights are being protected as you prepare for this big purchase. A real estate lawyer at the Lake of the Ozarks can assit in the transaction and offer peace of mind as you enter this exciting phase of homeownership. Learn how our Lake of the Ozarks lawyer can help during your home buying process.


Buying and selling a home involves the transfer of real property. This transfer process requires that certain extensive procedures must be correctly followed in order for the transaction to be legally valid. Most real estate agents are involved in the processes on a daily basis for a typical real estate transaction. If your transaction is out of the ordinary, the documentation and required legal paperwork may be tricky and present an issue. It's vital for the legal paperwork and proper documentation be completed accuratel and in the right order, at the right time. It may be of benefit to consult with a Lake of the Ozarks real estate attorney as you prepare to buy or sell a home in the area.

Why Should You Consider An Attorney?

Many people buy and sell homes without involving an attorney. Therefore, you may be wondering what purpose an attorney can serve in the process. Here are a few of the different reasons why involving an attorney may be beneficial for your real estate transaction.

1) Listing Your Home

Unless you choose to For Sale By Owner, contacting a real estate agent to list your home will likely be your first step when you choose to sell your home. An attorney can help you evaluate the standard broker contract to ensure that it will meet your needs in the event that any unexpected situations should arise or in the event that a transaction ultimately does not occur. Your attorney can also explain the terms of the contract to you and help you to negotiate changes within the contract (before it is signed) if certain aspects do not meet your needs.

2) Buying A Home

As the buyer, you hope to purchase a title that is free and clear - one without any title issues, liens, or extraneous factors that may inhibit your use or enjoyment of your new property. For example, there may be tenants that are currently leasing part of your new property, or you may learn about property damage or hazardous material on the property after the transaction has been finalized. An attorney can help you navigate any unusual situations that may occur. Your attorney can also help evaluate the appropriate contracts to ensure that they meet your needs.

3) Finalizing The Transaction Process

There is countless paperwork and a seemingly endless list of details that must be attended to during the transfer of real estate property. If you are financing a significant portion of the transaction via a mortgage loan, there will be even more paperwork involved. An attorney can help ensure that every document is prepared correctly and can advise you on the legal implications of each step of the process.

Here at Gibbons Law Firm, we know buying a home is an important step in your life and we want to help ensure you know the legal requirements every step of the way. We can help ensure your rights are being protectecd and you have the right legal documentation in place during your home buying process!

Remember, your initial consultation with Gibbons Law Firm is always free.



Your Trusted Legal Resource

Gibbons Law Firm
2820 Bagnell Dam Blvd, Suite B4
Lake Ozark, MO 65049
(573) 348-2211

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