Are you ready to close on your hot real estate transaction in Rocky Mount, North Carolina? Be sure to hire a closing attorney like Christopher Lusby to ensure your purchase or sale is sound.
As housing prices have soared in Rocky Mount over the last decade, North Carolina real estate buyers and sellers might be tempted to cut corners on closing to cash in on prices while they remain high. Regardless of the state of the market, you should never proceed with a sale or purchase without ensuring that the title is clear and your property is free of liens or other risks.
As a former detective, North Carolina Christopher Lusby knows how to conduct a thorough and meticulous investigation. His law firm serves to help North Carolinians, including in Rocky Mount, avoid common pitfalls and risks, like proceeding with a real estate transaction without a closing lawyer’s review.
So before you buy or sell to take advantage of the boom in prices, get your deal checked out to make sure you are not getting a lot more than you bargained for.
Sticklers will point out that the real estate market in this corner of North Carolina has slowed somewhat in 2023 compared to the explosive growth we have witnessed here in Rocky Mount over the last decade. But the bigger picture shows a clear trend, with real estate price listings doubling since 2016 alone.
This kind of market can be attractive, and indeed, a whole new set of investors are moving in, and others are moving out to sell while they can make a tidy profit. Such profits sometimes invite risky behavior, though, and every deal should be carefully studied by an experienced professional real estate attorney before closing.
Hiring an attorney to supervise the closing and conduct a title search is a legal obligation for a reason, but it is also an expense that some residents of Rocky Mount might be tempted to skip. Here are three key reasons not to do so in a hot real estate market.
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