Property Lawyers in Balearic Islands

How to manage the sale of a property in the most efficient way? With the hiring of a professional with experience in the real estate sector, and what better than a real estate lawyer. The greatest beneficiary when hiring an expert lawyer in real estate law, as is the case of the lawyers of Property LawyersIt is the client himself.

Know that you are in the hands of a professional real estate, will provide you with maximum peace of mind during and after the real estate transaction. At the time of buying or selling your house, dwelling, apartment or property in general in Mallorca, Ibiza, Menorca y Formentera, have professionals like Real Estate Law is a guarantee of success and here we explain why.

How to buy or sell a property?

When we decide to buy or sell a property, it is usual to do it in one of these two ways:

1. We take care of everything, thinking that we are going to save money. The problem is that we don't have the right knowledge, with which we can make mistakes that can cost us a lot of money and headaches. Secondly we don't have the necessary time to carry out the procedures related to the sale in a professional manner, and with the certainty that they are being done well.
2. We entrust the purchase or sale of our property to a real estate broker, usually a real estate. This one doesn't have the aligned interests with ours, since their interest is in collecting the maximum commissions and we the opposite. On the other hand, they are professionals in the sector and we, normally not, with which they can “score us a goal”.

Which of the two ways of acting seems safer to you?

This is where the professional comes in, both by training and by experience, he is the real estate lawyer, as is the case, for example, in the Balearic Islands, the lawyers of Property Lawyers in Balearic Islands

How to avoid risks in the management of a sale

The consequence of the dangers is that both the seller and the buyer must be aware of the complications that the sale of a property may entail. For this reason, it is advisable to go to a lawyer specializing in real estate law for advice during the buying and selling process.

Regarding the expenses in the management of a sale, it is precisely to save expenses in the transaction that it is important to hire a specialist lawyer in transfer of real estate. The interests of his lawyer are totally aligned with his. For example, the well-known Property Lawyers lawyers, in Mallorca, Ibiza, Menorca and Formentera can save the client, from one of those locations, expensive real estate commissions and, most importantly, other legal setbacks. It is for them that you should look for the best in your area.

How can a lawyer help you in the sale of a property?

Whether it is a house, apartment, chalet, apartment or any real estate, you will have the best advice in:

1. Better understand the documents you are going to sign: The contract of deposit or signal, the contract with the real estate agency, where appropriate, the binding offer of the Bank and the mortgage deed (if we are buyers and we are going to contract a mortgage), or the deed of sale. These documents contain legal language that only an expert can understand in its complexity
2. avoid surprises: In the case of the buyer, make sure that the property to be acquired does not have any charges or hidden defects. This could cause problems in the future. In the case of being the purchasing party, study the conditions that are agreed with the Bank; that they can be as beneficial as possible and of course, that they do not contain abusive clauses. And in the case of being the selling party, make sure of the solvency or financial capacity of the person who is going to acquire our property.

What are the three phases of the sale where a lawyer will help you:

1. Down payment contract or signal: In it, a small part of the price will be paid as a reserve (down payment), which will later be deducted from the final price of the property.
2. Mortgage loan: In the case of being the purchasing party. The lawyer can help you find the best financial entity; the one that offers us the best conditions (interest rate, opening commissions, penalty for subrogation, guarantees, etc.). The financial products linked to it, such as home insurance, life insurance, etc., that are reviewed by a lawyer.
3. Sell ​​script: The deed of sale (and the mortgage deed if it is to be contracted) will be equipped with legal and financial concepts that may escape the understanding of citizens without legal training. The lawyer can be in charge of all the management of the purchase and sale contract; From the writing, through the signature at the Notary, the tax payment management and its registration in the Property Registry.

It is important to note that during the process of buying and selling a property, particular circumstances usually occur in each case, that the lawyer, as a professional, he will solve without the client having to worry about anything. This tranquility "is priceless" and in the Balearic Islands it provides it Property Lawyers in Balearic IslandsConsult a specialist in your area.

As we listed at the beginning there are two options, do it ourselves, with the risk that this entails or put it in the hands of our real estate lawyer and be calm, because everything will be fine.