Buying a home is a huge milestone in your life. In fact, it’s typically one of the biggest investments that you will make in your lifetime. With such a big financial decision at stake, using an Arlington MA buyer’s attorney for home purchases is extremely important. Here are a few reasons why.
Legal Document Review
There are several different types of legal documents that you will need to review during the home buying process. Among them are the contract to purchase (offer) and purchase & sales agreement. If you are purchasing a condominium, there will also be condo documents to review. It may be difficult to understand all of the legal jargon in these documents and, more importantly, what risks you may inherit as a home buyer. Real estate agents are forbidden from providing you with legal advice because they are not licensed to practice law. Therefore, you really need an Arlington MA buyer’s attorney to evaluate the documents and provide you with appropriate legal advice and guidance.
Purchase & Sales Agreement Negotiations
One of the most important contracts you will sign is the Purchase and Sales Agreement (P&S). This is normally several pages long. Additionally, an attorney representing the seller of the home may include an addendum with additional clauses promoting the seller’s interests. Your Arlington MA buyer’s attorney will review the P&S agreement and seller’s addendum and then negotiate changes on your behalf. He/she will also include a buyer’s addendum with terms to protect your interests and minimize your risk or liability.
Addressing Unexpected Issues
In addition to assisting with contract review/negotiation, you may encounter other issues during the home buying process. Every real estate transaction is different and may present unique challenges. Your Arlington MA Buyer’s Attorney can help you evaluate such problems from a legal perspective. What are your risks now and in the future? What legal remedies may be available to you? Having proper legal counsel ensures that you make well informed decisions about purchasing a home.
Arlington MA Buyer’s Attorney
If you are purchasing a home in Arlington MA or in the Greater Boston Area, give us a call. We provide legal representation to Massachusetts home buyers. From purchase contracts to transaction issues and closing matters, we can offer invaluable guidance and support. Given the significant investment that you are making in the purchase of a MA home, it is essential to have an Arlington MA buyer’s attorney protecting your rights and best interests through the process.