Legal-Ease: Patience, title insurance pay off in the long run

Lee R. Schroeder is an Ohio licensed attorney at Schroeder Law LLC in Putnam County. He limits his practice to business, real estate, estate planning and agriculture issues in northwest Ohio. He can be reached at [email protected] or at 419-659-2058. This article is not intended to serve as legal advice, and specific advice should be sought from the licensed attorney of your choice based upon the specific facts and circumstances that you face.

Rushing through the paperwork for business and legal transactions can create pitfalls down the road. While mistakes can happen whenever someone is not diligent and deliberate, certain situations foster the urgency to complete paperwork as quickly as possible.

Before the housing crisis, rapidly increasing house values pressured everyone involved to move quickly on paperwork. Unfortunately this emphasis on speed led to many errors and incomplete filings. Major complications for banks and homeowners ensued as the bubble burst, highlighting the importance of patience and consistency when completing legal documents.

The legal profession is somewhat infamous for being deliberate and what some people might call “slow” in accomplishing legal work.

Lawyers’ steady, consistent and un-rushed pace is usually intentional. When thinking, analyzing and strategizing, impatience can be much more expensive than investing extra time to do something right to begin with.

Read more about the timing and legal work in Lee’s article for the Lima News, “Legal-Ease: Patience, title insurance pay off in the long run.”

Source: LimaOhio.com, “Legal-Ease: Patience, title insurance pay off in the long run,” by Lee R. Schroeder, April 29, 2017.

Posted in Business Law, Buying a Home, General Law, Hiring an Attorney, Homeowner Law and tagged , , , , , , , , , .