LBI Real Estate Weekly Sales Update 09/12/2021-09/19/2021Long Beach Island Real EstateLBI Real Estate Weekly Sales Update 09/12/2021-09/19/2021: Activity saw a major increase this week
Do You Really Need A Real Estate Lawyer On Long Beach Island
Dated: May 3 2016
As an agent on LBI, I can tell you that your buyer or seller agent will walk you through most of the nuances of your real estate transaction. However, it is unlawful for a real estate agent to provide any legal advice. For this reason, an attorney is absolutely recommended on all real estate transactions. An attorney protects your interests by spotting red flags before they become big issues. The amount of time an attorney typically works on your behalf is minimal, but can help avoid big headaches later. He or she will provide an additional review of the contract and any applicable contingencies of what is likely one of the largest purchases you will make in your lifetime. An attorney will stop you from signing any document not in your best interest. An attorney can also educate you about risks associated with short sales and foreclosures, as well as help you navigate zoning and title issues and undisclosed environmental hazards. On Long Beach Island each municipality (Beach Haven, Long Beach Twp, Surf City, Ship Bottom, Barnegat Light) has its own Zoning & Construction and Land Use Boards as well as Tax Departments, Public Works and Water & Sewer. The Certificate of Occupancy requirements are different for each municipality. There are other issues unique to our island, in which attorneys from other areas are simply unaware. To have your real estate transaction go as seamlessly as possible, not only should you employ an attorney, it is highly recommended you use a local attorney. So when you're ready to buy, just ask your local real estate agent to provide you with a list of local attorneys.
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