If you’re looking at buying your first house, there are many terms and steps you need to get familiar with if you want to make the safest long-term decision. Consulting with a real estate law firm Austin TX can help you understand the big picture while guiding you on the best course of action.
The Closing Process
Once you find the house of your dreams at the budget you’ve set, there are still some hoops to jump through before you can move in. A real estate lawyer makes sure that all the details of the final contracts match what has been agreed upon and can facilitate the escrow agreements.
Property Insurance Disputes
Required for just about every homeowner, property insurance helps pay for repairs in the event of catastrophe. If the insurance company decides not to pay or award the full amount you are entitled to, a real estate lawyer can advocate on your behalf in an arbitration case.
Protest Property Taxes
Property taxes fluctuate every year based on the value of a home and its land. As additional developments spring up in your town or neighboring area, it is highly likely that the value of your property — and therefore, the property taxes due every year — may rise. A real estate lawyer can help you contest these appraisals in order to receive a more agreeable property valuation.
Commercial Property Services
For those running a business out of a brick-and-mortar location, a real estate lawyer can help navigate the myriad federal, state and local laws and codes that must be followed. For landlords, a real estate lawyer can represent you during equal housing disputes and work with government agencies on your behalf.
Just the process of finding the perfect house — navigating multiple open houses, dealing with real estate agents, determining a budget, having to sell a house, etc. — can be confusing and stressful enough. However, a real estate lawyer can alleviate some of that anxiety and leave you to worrying about finding a reputable moving company.