Tip:
Highlight text to annotate it
X
HOLLY: Sometimes there are situations that come up where a real estate lawyer would be
helpful to the client. The consumer might get into a situation where they're uncomfortable
with the decisions that they have to make, or they have to negotiate certain amendments
or they have to negotiate a dispute and they might call a real estate lawyer to get involved.
JULIE: Whenever you're entering into a legally binding contract, you want someone reading
all of the words very carefully to make sure that you're getting what you think you're
getting. Because more often than not, you read it one way, interpret it, think you're
getting what you want. But someone who's trained to read it differently can foresee a lot of
problems that can come up.
HOLLY: So if a buyer is at all uncomfortable with the wording of anything they absolutely
should contact their real estate attorney and have them review the documents with them
because those loan documents will be with them for the life of the loan, so it's important
that they understand what they're signing.