Yes, for the following reasons: 1)When you are purchasing a home: a)This is the biggest purchase you will probably make in your lifetime. The sales contract you signed is long and complicated and many protections you might have are time-driven. Once the time expires your protections are lost. Some of the time frames last from a couple of days to 30 days. If you are not ready to close, for example, you cannot get a mortgage (which is more involved than a pre-approval), you could lose your earnest money, and in addition, you could be sued. b)You should have an attorney read the sales contract suggesting changes and requesting information and modifications in the time frame allowed. In addition, a lawyer typically monitors the mortgage clause requesting extensions from the Seller if your Lender needs more time to secure a full mortgage commitment for you, thereby protecting you and your earnest money. 2)When you are selling a home: a)When you sell your property, you should hire an attorney who can provide services from ordering and clearing title to drafting closing documents including the deed. Your attorney also orders payoff letters for your mortgages, the survey, zoning and water certification.