There are many reasons to hire a real estate attorney for your real estate needs. An experienced real estate attorney can protect you from deadly mistakes, errors in the documents, errors in the figures and other problems that could lead to time-consuming and expensive legal actions. Therefore, it becomes imperative to hire a real estate litigation attorney when you are facing a lawsuit or litigation involving property or a real estate project.
Real estate is a broad spectrum of law where the person representing you must be able to conduct up-to-the-minute research and understand a bevy of laws pertaining to their client’s estate litigation lawyers assist business entities in a variety of legal issues including acquisitions and sales, leasing,financing, loan modifications,foreclosure defense, workouts and restructuring, refinancing, mortgages, condominium and development, and association law. With legal support, you could be on your way to keeping your house, avoiding bankruptcy and foreclosure and much more.
Acquisitions and Sales
Real estate attorneys represent their clients in a broad range of real estate acquisition and sale transactions from the purchase and sale of a residential condominium unit to complex commercial buildings and vacant land for development purposes.
Real estate lawyers have an active practice in the leasing of commercial property for both owners and represent owners of high-rise office buildings, multi-tenant industrial complexes, as well as numerous shopping centers.
Real estate lawyers represent borrowers and lenders in a broad range of financing transactions including acquisition, development and construction loans, bridge and permanent loans, securitized lending, mezzanine lending, letters of credit and multi-state secured financings
A loan modification is any change in the terms of an existing loan resulting in a more affordable payment. It is wise to hire an attorney to assist you as the loan modification process can be complex, and very time consuming.Hiring legal representation puts you in a more favorable position to negotiate the terms of the loan.
Real estate experts understand that your home is a major investment. If you are facing losing your home to a bank, they are there to assist you in stopping or delaying your will work to help you remain in your home or find an alternative to foreclosure such as a short sale or loan modification.
Workouts and Restructuring
They are well qualified to advise their clients, both lenders and borrowers, on real estate workouts and restructuring. Their experience in this area allows them to restructure their clients’ debt in manners that provide creative, fair and financing solutions for both sides of the relationship.
Condominium and Development
They represent residential and commercial developers and national home builders from acquisition of vacant land for development purposes through the sale of individual parcels or units.
Unexpected disputes often arise, and with experienced real estate litigators on your side, you will get the advantage in any real estate dispute. Real estate litigators respect the value of your time and money, and work diligently to handle your real estate transactions as smoothly and efficiently as possible. More importantly, they are expert in handling your transactions correctly the first time, alleviating any errors.