California is known for its glorious sunshine and laid-back lifestyle. It is also known for having some of the most expensive real estate in the country, not to mention some of the most unique real estate situations. This is a state where two or more mortgages on the same property are not uncommon, and where a purchased home is torn down and rebuilt because it is cheaper than buying an even more expensive house. California real estate is notorious for very intricate buying and selling transactions. It goes without saying that in situations where the family home is being purchased or sold, having a good attorney is important.
Of course, a resident of California does not absolutely need legal counsel for buying and selling a property. A person can become acquainted with all the various statutes with information readily available from the California Department of Real Estate. Because the law is fairly complex, it truly is a good idea to have an attorney act as a guide through the maze of paperwork the sale or purchase of a house creates.
Real estate attorneys are familiar with terms and procedures such as title searches, liens, the real estate binder, and the deed for the property itself. They can help both buyer and seller. As mentioned earlier anyone can do all the necessary work alone, but a person inexperienced with real estate transactions may overlook an important point and be faced with an expensive consequence as a result (e.g. a seller ought to pay the remaining balance on a natural gas utility budget as part of the final sale. Overlooking this point could cause the buyer to assume the entire expense after the purchase).
A company that values its workforce can eliminate a lot of real estate related headaches by offering a group legal services plan to employees. This enables employees to connect with credentialed attorneys and receive legal assistance at reduced rates. Lawyers who are expert in real estate can point out potential problems and resolve property issues before the money changes hands. Their involvement in the process results in a smoother transaction with fewer problems.
Buying and selling a home is one of those personal matters that can distract an individual from work projects and take up precious time on the job. Rather than having a person at the office preoccupied with the intricacies of real estate, a group legal services plan allows employees to refer to experienced legal counsel. Countrywide Pre-Paid Legal Services has worked with California employers to develop legal benefit plans that are greatly appreciated by employees. How the premiums are going to be paid is left to the employer to decide, and Countrywide will tailor the plan to best fit an employer’s objectives. It is true that buying or selling a home can be emotionally draining, but there is certainly no reason for either to be a legal nightmare. A group legal services plan designed by Countrywide eliminates a lot of the transaction anxiety associated with real estate deals.