Buying a piece of property is an exciting venture, whether you’re purchasing a brand new home or starting a new business. This property will be the foundation of your happiness and success, so you certainly don’t want anything you sign today to negatively impact you in the future. That’s why it’s a good idea to hire a real estate attorney in Mississippi who can ensure that your best interests are met.
Why is it Important to Work with a Real Estate Professional?
Attorneys who specialize in real estate are familiar with the laws that may affect your purchase.
Mississippi is an attorney closing state so you will need an attorney to assist you with any type of transfer of property.
If the professional does feel that they can help make the transaction go more smoothly, they will be responsible for handling key documents such as:
- Purchase and sale contracts
- Loan documents
- Title examination
- Transfer of title
- Closing documents
- Title insurance commitments and policies
- Funding of purchase and payoff of existing mortgages and other liens
Tips for Picking an Attorney for Your Property
As you look for a real estate attorney in Mississippi who can assist with your transaction, here are a few things to keep in mind.
Know Which Attorney to Retain
Law is highly specialized these days, so most lawyers work with specific individuals, such as residential home-buyers, commercial buyers, landlords looking to rent out their property, etc. Choose the legal professional who is best equipped to handle your transaction.
Pay Attention to Experience
Once you have narrowed down your search, look for attorneys who have the necessary experience and a strong track record to match. After October 5, 2015 all residential closing attorneys must be TRID certified or the lender will not let that attorney close the transaction for its institution. This is an intensive review process and certification by a CPA that insures the attorney is following the industry guidelines Professionals with expertise know which types of issues may affect the sale and how to make your transaction successful.
Decide on a Budget
Quotes for real estate services vary widely. Know what you are comfortable spending on these services, but also be realistic. Though one lawyer may be more expensive than another, their experience, favorable reviews and understanding of the laws may make your sale faster and more efficient.
If you are purchasing a home or commercial property in Mississippi, contact Susan G. Pinkston for the legal counsel that you need to make an informed and profitable decision.
