What value does a lawyer actually provide on REO transaction?

[Bienes Raices]

Here's the way I look at it:

--The initial as-is contract is the generic one used by state realtors & is always the same, so no need for lawyer to look at it.

--The bank addendum, although long, is usually pretty understandable for a layperson. In any case I've heard that the banks usually won't allow them to be changed.

--So I am paying the lawyer $250 to spend a few minutes looking at a a HUD, which is just numbers & understandable by me, and a title commitment.

So am I really getting $250 worth of value by using a lawyer for an REO transaction? Is there something I'm missing here? What do other people here do?