Real Estate Transactions Attorney in Pittsburgh, Pennsylvania
Whether you’re buying or selling a home, the process can seem overwhelming if you are not familiar with real estate law. Real estate transactions involve substantial risks due to the amount of money at stake. That is why you may need the guidance and assistance of a real estate transactions attorney in Pittsburgh, Pennsylvania, to protect your best interests during every stage of your transaction.
As a real estate transaction attorney at Marc V. Taiani, Esquire and Allegheny Attorneys at Law, P.C., I help clients ensure that their transactions go smoothly and prevent legal issues down the line. From my office in Pittsburgh, Pennsylvania, I serve clients throughout the state, including Penn Hills, Aspinwall, Ross Township, Shaler Township, Indiana Township, Oakmont Borough, Fox Chapel, and O’Hara Township.
Real Estate Transactions
Buying and selling property are the most common types of real estate transactions. According to the National Association of Realtors, people sold 5.64 million existing homes throughout the United States in 2020.
A real estate transaction occurs when a seller offers a property for sale and a buyer agrees to buy the property. Unfortunately, disputes may arise between the seller and buyer during the transaction. Common types of real estate transaction disputes are:
Contract disputes. Contract disputes may arise when contracts contain vague or ambiguous language or one of the parties fails to perform their contractual obligations.
Failure to disclose. Another common cause of real estate transaction disputes is the seller’s failure to provide certain disclosures.
Boundary disputes. A real estate transaction may also trigger disagreements between neighbors over the boundary lines of the property.
Title problems. Common title problems that may slow or completely stop a real estate transaction include public record errors, outstanding liens, and deed errors (e.g., improper deed transfers).
These are some of the most common disputes that may arise during a real estate transaction. Consider hiring a real estate attorney in Pittsburgh, Pennsylvania, to help you avoid disputes or any legal issues that may arise when buying or selling property.
Attorney Review Period for Real Estate Transactions
Many states require an attorney review period for real estate transactions. The attorney review period usually lasts for three business days. As the term suggests, the attorney review period involves an attorney who reviews a purchase sale agreement. When the attorney review period ends, the agreement becomes legally binding unless the attorney finds any errors.
However, Pennsylvania does not require the attorney review period for real estate transactions, which means you may not have a chance to check a purchase sale agreement for potential errors unless you hire a real estate attorney to represent you during the transaction.
Why It’s Important to Hire a Real Estate Attorney
If you are involved in a real estate transaction, you may want to consider hiring a real estate attorney for the following reasons:
They have the knowledge and skills. Real estate transaction attorneys have the skills, expertise, and knowledge to help their clients – buyers and sellers – with all matters pertaining to real estate law.
They protect your best interests. A real estate attorney is the only person who is looking out for your best interests during the transaction.
They can negotiate on your behalf. Real estate transactions usually involve negotiations between the seller and buyer. A skilled attorney will negotiate on your behalf to make a transaction come together in a peaceful manner.
They can guide you through the process. An attorney will provide valuable legal advice and reliable guidance throughout the process to prevent legal issues or pitfalls.
They can draft and review documents. Selling or buying property usually involves a variety of legal documents that may seem too incomprehensible. That is why you need an attorney to help you draft and review documents to ensure their accuracy.
Consider contacting Marc V. Taiani, Esquire and Allegheny Attorneys at Law, P.C. so I can help you navigate the legal aspects of the real estate transaction process.
Real Estate Transactions Attorney Serving Pittsburgh, Pennsylvania
The guidance of a real estate law attorney can make the real estate transaction process smooth and stress-free, whether you are buying or selling property. At Marc V. Taiani, Esquire and Allegheny Attorneys at Law, P.C., I handle all matters related to real estate transactions, including negotiations, document drafting, dispute resolution, and litigation. With an office in Pittsburgh, Pennsylvania, my law firm serves clients throughout the state of Pennsylvania. Schedule a free consultation today.