Best Real Estate Lawyers in Erie, PA

FAQs

• What is the non-emergency contact number for the local police station in Erie, Pennsylvania?

  The Erie Police Department can be reached at (814) 870-1125 for non-emergencies.

• Where can I get a copy of police reports for incidents related to my case in Erie, Pennsylvania?

  You can request a copy of a police report, by submitting a completed Right to Know Request Form to the Erie Police Department’s Right to Know Officer. You can submit it in person at Room 111 of the police station located at 626 State St., Erie, PA 16501. The Officer accepts requests from Monday to Friday, 8:00 a.m.-4:00 p.m. You can also mail it to the same address.

• Are you required to have a real estate attorney to purchase a property in Erie?

  It’s not a legal requirement to be represented by a real estate attorney during a sale. However, it is recommended to protect your interests as the transactions and documents involved are complex. Your Erie real estate attorney can review these for you to ensure the purchase contract is in your best interest. A certified attorney can also conduct a title search to spot defects, such as unpaid mortgages, liens, and ownership inaccuracies that may cause you issues in the future.

• Do you really have to purchase a title insurance policy for a real estate sale in Erie?

  Mortgage lenders in Erie require prospective buyers to purchase a title insurance to secure financing. The insurance policy is intended to safeguard the property owner's and mortgage lender's interests against damages caused by title defects, such as unpaid mortgages and real estate tax liens, and other issues incurred by the previous owner. Compared to other insurance policies, the title insurance is inexpensive as there are no monthly premiums to pay and the policy lasts throughout your ownership of the property.

• Is the buyer required to be present during the closing transaction in Erie?

  If your real estate purchase in Erie is being financed by a bank or mortgage lender, your presence during closing will most probably be necessary. If not, an authorized representative, such as your own real estate attorney, can attend the closing on your behalf to sign the documents. If your lender or attorney advises that your presence is not required, you can pre-sign the closing documents and deliver them before the closing day.

• Why is a contingency clause important in a real estate purchase agreement in Erie?

  The contingency provision in an Erie sale agreement specifies that a certain event or requirement must be satisfied or the agreement will be voided. Common provisions used are home inspection, mortgage, and pest inspection contingencies. Contingency provisions protect both the buyer and seller. If the buyer fails to secure a mortgage within a specified deadline (mortgage contingency) or if there are property defects discovered (home inspection contingency), the agreement can be terminated and the deposit returned to the prospective buyer.

• How long does a lien remain on your property’s county record in Erie?

  Real estate liens in Erie will be on your property’s country record for five years. It is effective even if the property changes ownership unless the debt is settled or the lien expires after five years. It sir advised that you seek counsel from a real estate attorney to resolve a lien on your property or remove a lien on a property that you are planning to buy.

• What does a real estate attorney do?

  Real estate attorneys are responsible for preparing and reviewing transactional documents and helping clients with the closing process. They draft purchase agreements, perform title searches, write title insurance policies, disburse funds, and prepare federally mandated HUD-1 settlement statements. They can also help clients understand the tax implications of selling a home. In the case of a dispute between the buyer, seller, or a third party, real estate attorneys also defend clients in court. Even if there is no identifiable dispute over the transaction, an attorney will make sure everyone “plays by the rules” during the purchase or sale.

• Can I purchase property without a real estate attorney?

  In some cases, it’s possible to purchase residential or commercial real estate without consulting a real estate lawyer. However, legal representation is required in approximately 20 states, and some jurisdictions require a lawyer to be present at the closing. Usually, real estate attorneys take over once real estate agents have an offer in hand. Buyers are encouraged to consult an attorney when purchasing damaged or bank-owned property or real estate located in high-risk areas. Attorneys can also assist out-of-town buyers and negotiate favorable solutions if liens, structural issues, or legal challenges crop up during the procurement.

• What does a real estate attorney do for a buyer/seller?

  Real estate transactions may seem cut and dried, but it’s common for unforeseen difficulties to arise. Attorneys who represent buyers or sellers can facilitate a successful transaction while protecting their clients’ interests and preventing costly mistakes. On the buyer’s side, attorneys can provide advice related to financing, estate planning, tax law, and first-time home buyer credits. Real estate attorneys can also help sellers who are dealing with challenges due to liens, structural damage, probate disputes, or uncooperative partners.

• What’s the difference between real estate and property?

  Real estate includes land, permanent structures, and natural resources, such as water, minerals, and trees. Property typically describes personal items and belongings that aren’t permanently attached to land. The transfer of real property includes the bundle of legal rights, which give landowners the freedom to possess or occupy the property, enjoy their land without interference, restrict others’ access to the property, and dispose of their ownership rights as they see fit.

• What happens when a real estate lawyer puts a lien on you?

  In most cases, liens stay attached to the property until the debt is satisfied or the debtor files for bankruptcy. The creditor’s rights vary depending on whether the lien is voluntary or involuntary. Additionally, if a lien has been perfected, that lienholder has priority over other creditors. Voluntary liens are most common when homeowners use their property as collateral against a secured loan. Involuntary liens are typically related to back taxes, court judgments, and child support. Properties are also subject to involuntary mechanic’s or materialman’s liens in case a customer or contractor fails to pay for materials or labor. Liens don’t necessarily prevent someone from transferring property, but most buyers want a title that’s free and clear.

• What does a real estate lawyer do at closing?

  Lawyers perform critical functions during every stage of the closing process. They draft and review documents, negotiate contracts, and finalize all of the details needed to close the sale. Attorneys who represent buyers can negotiate the terms of sales contracts, including contingencies, perform title searches to ensure that the seller can legally transfer ownership, and resolve issues related to third-party claims, liens, and easements. They can also assist with loan paperwork, title insurance, and other financial matters, such as taxes and transfer fees. Real estate attorneys who represent sellers are responsible for handling deeds, insurance declarations, and payoff letters.

• Do I need a lawyer to sell my house privately?

  Not necessarily. Some states require a real estate attorney to be present at the closing, but there are some situations when you might consider hiring one even if it's optional where you live. Examples might include:

  • You're selling the house with an uncooperative partner
  • You've inherited a property from an owner who is now deceased
  • You anticipate tax consequences

• Can a real estate lawyer represent the buyer and seller?

  Generally speaking, no, because the seller and buyer have different priorities when it comes to a home sale, and some of those interests conflict. States have specific laws governing whether or not a real estate lawyer can represent the buyer and seller, and if this does happen, there's often a waiver that has to be signed by both parties acknowledging a conflict exists. States may have different names for a document like this, but it's usually called a Conflict Waiver. Acceptable exceptions for using the same real estate lawyer might include a property being transferred from one family member to another, such as a father to his son.

• How much does a closing attorney cost?

  Some states require a closing attorney, while others deem it optional. The cost of hiring a closing attorney varies widely by the state and law firm you choose. You can expect to pay between $2,500 and $3,000 for a simple buy/sell transaction, but keep in mind that this cost is likely to vary depending on your location and the complexities of the closing.

• Do you need a lawyer to sell land?

  Technically, no, you don't need a lawyer to sell land, but there are some situations when it might be a good idea. You might consider hiring an attorney if you are faced with existing boundary disputes, involved in a sale of land that's partially wetland, or in circumstances concerning tax issues. Specific laws related to land vary by state, but one potential issue is the tax rate, which can differ depending on whether the land can have structures built on it.

• What role does a real estate lawyer play in mortgages?

  Lawyers can assist buyers and sellers in transactions involving bank financing. They can review the fine print, any title insurance declarations, and the mortgage terms. A real estate attorney also will ensure that funds are distributed to the correct parties, especially if there are any outstanding mortgages or liens that need to be paid before the title transfer.