Why A Real Estate Attorney Can Help You In Your For Sale By Owner Sale

March 1, 2022
Why A Real Estate Attorney Can Help You In Your For Sale By Owner Sale

With the hot housing market, you may be considering selling your home and cashing in on high house prices. But selling your home is tougher than putting a sign on your lawn and waiting for the offers to come in; you need to market your home, negotiate the price, follow your contact, and ensure that your house is legally prepared for the sale. With these tasks, there are regulations that you need to follow, which can result in fines that may wipe out your savings. Our Des Moines real estate attorneys at Hope Law Firm share why you should consider consulting a real estate attorney in your for sale by owner (FSBO) home transaction.

They Can Give Advice On Real Estate Regulations

Your real estate attorney will be well-versed in all state and local regulations regarding your real estate transaction. With their guidance, you can be well-informed and prepared about any regulations you will need to follow when selling your home. They can also advise you on any inspections you may need for your home and needed permitting or renovations required by these laws.

They Can Guide You At Closing

While a real estate attorney is not required to be there at closing in the state of Iowa, they can be helpful, especially if you are selling your home as an FSBO transaction. Without a real estate agent to guide you at closing, it can often be confusing as you sign your closing documents. A real estate attorney can help you understand the closing process so that you are prepared for your closing day.

They Are Less Expensive Than A Real Estate Agent

If you hire a real estate agent, they can take over the home selling process, making it easier on you to sell your home. However, real estate agents can take home roughly three percent of the home sale value for your sale, often amounting to thousands of dollars. If you seek to sell your home on your own and consult a real estate attorney, your costs may be lower than the costs associated with a real estate agent.

Des Moines Real Estate Attorneys

At Hope Law Firm, our goal is to help clients through a time of need. We understand that your real estate needs may be different than typical sales, and our purpose is to guide you through the process so you can reap the rewards of selling your home.

Are you looking at selling your home as an FSBO transaction? Schedule a free consultation with our real estate attorney today by calling (515) 298-5056 or contacting us online to learn more about how we can help you sell your home. Get help, get Hope.