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Old 10-13-2015, 08:05 PM
 
17 posts, read 20,724 times
Reputation: 10

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Hi all,

I'm from WA. While doing offer and counteroffer, I already signed Form 21 Residential Purchase & Sale Agreement that my agent gave me. I accepted the counteroffer today.

Do I still need a real estate attorney to review this Form 21? I already signed.

Is this Form 21 already the contract? What else will I need a real estate attorney for, if at all?

Thanks,
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Old 10-13-2015, 08:31 PM
 
Location: Needham, MA
7,484 posts, read 11,676,282 times
Reputation: 6707
Hmmm . . . I'm not sure we have any real estate professionals from WA who post here. Have you asked your real estate agent?
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Old 10-14-2015, 05:24 PM
 
Location: Coeur d Alene, ID
819 posts, read 1,547,508 times
Reputation: 842
I am confused, why do you want a RE attorney when you have a agent?
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Old 10-15-2015, 11:27 AM
 
Location: southwest TN
8,571 posts, read 16,698,251 times
Reputation: 16641
Maybe to have an objective party with no stake in whether the house/property sells?

I do not understand the objection to having a lawyer. Would you let a physician's assistant perform surgery? Realtors have their place in the purchase of property as do lawyers. One does not do the other's job. IMNSHO
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Old 10-15-2015, 08:27 PM
 
2,441 posts, read 2,272,248 times
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Quote:
Originally Posted by Shaner View Post
I am confused, why do you want a RE attorney when you have a agent?
In some states it's the done thing to have a lawyer. In others it's not. You do whatever the norm in your state is.
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Old 10-17-2015, 07:21 PM
 
Location: Raleigh NC
23,186 posts, read 12,587,528 times
Reputation: 13637
if you cannot trust what your agent says when you ask this question, should you expect quasi-anonymous message board posters?

If you engaged an attorney against your agent's advice, and they told you to somehow not finalize the offer (you said you have signed a "final" version), then what happens?

Absolutely in the process of transferring ownership, an individual should engage the highest legal authority that is customary or reasonable in their given market.

In NC, that's a closing attorney who represents you. Many states are wildly different and none of us can give you the type of professional advice your agent or their broker can.
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Old 10-18-2015, 07:51 AM
 
11,642 posts, read 22,205,335 times
Reputation: 12230
Quote:
Originally Posted by WildColonialGirl View Post
In some states it's the done thing to have a lawyer. In others it's not. You do whatever the norm in your state is.
I disagree. It is not required in my state that either party have an attorney for real estate sales (FL). However, I always use an attorney to protect my interests whether I am buying or selling. When legal issues pop up it is always worth it to be represented by a competent attorney.
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Old 10-18-2015, 01:50 PM
 
17 posts, read 20,724 times
Reputation: 10
My agent advice is I can get a RE attorney if I want to, especially for complicated deal, which I don't have. So it's optional. My thinking is if he can point out glaring potential legal issue in the documents, including disclosures and all, then it is OK to have him look them over .
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