Debunking Common Myths Surrounding Real Estate Lawyers

According to the Bureau of Labor Statistics, in 2014, there were 603,310 real estate lawyers in the United States. There are actually a wide variety of reasons involving real estate transactions to hire this specialized type of lawyer. Before you start any type of real estate transaction, it’s important to understand the facts about seeking this type of legal advice. With that in mind, here are just a few of the most common myths surrounding real estate lawyers and transactions.

“I don’t need a real estate lawyer to buy a home.”

This is a surprisingly common myth, but it doesn’t have much merit. Yes, it’s possible to complete a real estate transaction without an attorney’s help, but that doesn’t mean that it’s at all easy. Buying a home becomes exponentially easier with the help of a qualified attorney, especially if you’re a first-time homebuyer or you have a large investment portfolio. What’s more is that many times, you’ll end up losing more money than you saved from not hiring a lawyer through sloppy transaction details. Save yourself the headache and work with an attorney.

“I can draft a tenancy agreement without the legal help of a real estate attorney.”

Whenever crafting a long term agreement for tenancy, consulting a lawyer is very helpful. You as a landlord have a number of legal obligations to fulfill in order to make a habitable environment for your tenant and avoid a potential lawsuit. Hiring a lawyer helps you and the tenant come to a mutual understanding regarding both of your legal duties as well as the conditions of the contract or lease.

“I simply can’t afford to hire the best lawyers Wilmington Delaware has ever seen.”

This unfortunate myth is what prevents people from taking action and making their transaction easier. The fact is, hiring a real estate attorney is much more affordable than you think in most cases. Even if you do decide to forego their services, it’s helpful to explore pricing to see if it can be included in your budget.

Ultimately, knowing the truth behind these common myths can help you select the best legal services for your unique needs. For more information about hiring the best real estate lawyers Wilmington Delaware has to provide, contact Baird Mandalas Law.

The Ultimate Guide to Hiring a Lawyer After an Auto Accident

If you live in the United States and drive on a frequent basis, there is a significant chance you will experience an auto accident at some point. On average, approximately 6 million auto accidents occur every year, and about one-third of those involved in the crash...

Suspect Nursing Home Abuse? What You Should Do

Think Your Loved One is a Victim of Nursing Home Abuse? Here’s What to Do Nursing home residents ought to receive excellent care and not suffer from abuse. For those living in these facilities and their loved ones, abuse can cause great stress and anxiety; especially...

What to do Right After a Car Accident in Delaware

Have You Recently Been in a Car Accident in Delaware? Here’s How Personal Injury Lawyers Can Help You  Nobody enjoys car accidents. At best, a minor fender bender puts a dent in your schedule that day. For many, the consequences of a collision can result in long-term,...

Estate Planning 101: The Basics

A Beginner’s Guide to Estate Planning Estate planning allows you to provide for your loved ones after you have passed away and ensure a smooth transition. Although nobody wants to think about their own death,  planning while you are alive can save those you care about...

How To Prevent A Car Accident

Preventing a Car Accident When driving in the winter time, preventing a car accident should be a priority for all motorists. If you live in a climate where there is excessive rain, snowfall, and ice, you will have experienced factors that increase chances of collision...

If You Suspect Nursing Home Neglect Turn to an Experienced Law Firm

Sadly, a recent study found that 13 out of 14 cases of elder abuse goes unreported. A law office that specializes in elder abuse law can help to ensure that your loved one is not one of the 13 that never reports the abuse. Our elderly should be treasured and treated...

What To Consider When Selecting A Lawyer

When you're looking for legal help to deal with a serious situation, you want to be sure you're getting the most professional and helpful lawyers available near you. However, it can be hard sometimes to pick out the one that's best for your particular needs when there...

Find Out When You Need To Hire a Lawyer after a Motor Vehicle Collision

Did you know that 52% of personal injuries are a result of motor vehicle collisions? This is an alarming rate, but the good thing is if you enlist an excellent lawyer to take care of things after a crash, you are likely to get a settlement from your insurance....

Should You Hire a Personal Injury Lawyer?

Car collisions can have a devastating effect on one's life, especially if you are injured. Hiring a personal injury lawyer can help you fight for compensation from the parties at fault. Speeding, drunk driving, and distracted driving are three of the most common...

Elder Abuse And Neglect: When To Hire A Lawyer

When your loved one first moves into a nursing home or other assisted living program, you trust that they'll be treated well and with respect so they can have the assistance they need. However, in some situations, the elderly deal with neglect or abuse. Over 40% of...