Should I Have A Attorney Review A New-Home Purchase Contract?
As you'll see, most buyers don’t understand real estate contracts. Hire a qualified real estate attorney to review the contract for YOUR benefit in understanding the contract, potential issues and concerns.
Most new-home sales contracts are fill-in-the-blanks; there’s very little room for negotiation. An attorney will help you be SURE about what you are committing to. If a special or deal makes you feel compelled to sign quickly, tell the builder you want to add a clause making the contract contingent on review and approval by your attorney. Most builders are amenable to this, provided the review is done promptly.
Think of the attorney this way: They’re explaining the contract TO you, not renegotiating it FOR you.