As a rightful house owner, you don’t need to hire a real estate lawyer if you have no legal issues with the property, you know the process behind it, and your state does not require one.
If any of the above is in the case, then it is probably the best idea to appoint a lawyer. It cut off most of your time and money as they know what to do and how to handle the issues.
Unless you are very new to real estate or selling a property or you don’t know the circumstances, an experienced real estate lawyer let you know local laws and regulations.
Otherwise, a qualified real estate agent can do all of these for you and accompany you till you get paid fully.
When do you need a lawyer?
First and foremost, almost 22 states in the United States require a lawyer to sell a house. If you are living in one of these states, you must hire a lawyer.
| AlabamaConnecticut DelawareGeorgiaIndiana | KansasKentucky MaineMarylandMassachusetts | MississippiNew HampshireNew JerseyNew York North Dakota | PennsylvaniaRhode Island South CarolinaVermontVirginiaWashingtonWest Virginia |
Should you hire a real estate lawyer?
Again, if your state does not require one, you don’t have to hire a real estate lawyer. But if you are living the below situations and meet the conditions, it will be helpful and stress-free for you to sell a house.
Selling FBBO
As an experienced seller who knows how real estate works and its requirements, you will not need an agent to sell FBSO. Otherwise, you may need an agent to do all the paperwork and legal processes.
Separation or Divorce
When you are going through divorce or separation who owns property together or not, it is better to hire a real estate lawyer.
A lawyer can assist with clear issues including Agreement terms, deeds of properties, and so on.
Selling a house you are renting
A lawyer can help you sell a house that you are actively renting for people. They will protect you and avoid any litigation issues.
Property with issues
If your house has issues like boundary disputes, easements, rights of way, and similar to that, a lawyer benefits you with no loss.
They help you unwind or change the agreements you have made with your neighbor in the past.
Selling a house in bad condition
It is not easy to sell an old house without help from agents. If you are not ready to hire an agent or lawyer, you may need to do all the repair works in the house and do expenses. An experienced real estate lawyer can help you here.
Is hiring a real estate lawyer worth it?
Based on the complexity of property and process, a lawyer can bill from $900 to $7000 for a house. But is it worth it? It totally on your situation and requirements.
If you are in the urge for money and want to sell a house faster, getting help from a real estate agent and a lawyer can speed up the process and fulfill your requirements.
If it is not urgent, there are no issues with the property, then you can just contact an agent to find the best buyer.