The Benefits of Hiring a Santa Rosa Mortgage Lawyer

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You might go into the process of purchasing your home believing that it’s a simple procedure. But oftentimes, you find that small elements can have a lasting and costly impact that you might not have considered. It’s part of the reason it’s important to hire a mortgage lawyer when purchasing a Santa Rosa property, and in this latest post, we’ll delve further into the many benefits of hiring a mortgage lawyer for your real estate transaction.

  • Filing the Paperwork

The paperwork must be filed by a person who understands the law regarding home transactions. The attorney will know whether the document must be filed with the state or with the city. They will also know the various timelines for the finalization of the paperwork.

  • Contract Review

In signing a real estate contract, it’s important to have a lawyer alongside you to review the details. The lawyer can help to examine each element of the contract and make sure it’s in your best interests. The contract might include details and on specific clauses and contingencies. For example, if you’re buying a home contingent on an inspection, the contract should include the detail to ensure the seller has no legal recourse if the purchase fails.

  • Title Changes

The changes to the title on the property are a vital part of the transaction. The title dictates who legally owns the home, and so it’s recommended that you have a Santa Rosa mortgage lawyer review the title document to confirm the seller’s ownership rights. This can help you to ensure all elements of the purchase process are completed legally and in-keeping with the regulations of the real estate marketplace.

  • Draft Agreements

In complex real estate transactions, a mortgage lawyer might be required to complete draft agreements for the mortgage payment process. This is also the case in changes to current mortgages when the homeowner wishes, for example, to switch to a new mortgage to reduce their interest rate. They will turn to a mortgage lawyer to review the details and ensure that they are able to afford the new payments with interest and all other add-ons included.

Speak to a Mortgage Lawyer Today

Our team at Johnston | Thomas Law offers their trusted services as a qualified Santa Rosa mortgage lawyer. Whether you require a lawyer for a new home purchase or for the negotiation of your mortgage, you can depend on our experts. To book a consultation to discuss your mortgage requirements, call us today!