Some people don’t give any thought to hiring a lawyer until they have to go to court or settle a matter. But this isn’t the only time to use an attorney.
If you are looking to buy a house, you might consider hiring a real estate attorney.
If you live elsewhere, though, an attorney isn’t required, but still worth considering.
A real estate agent can be helpful in buying a home. Although real estate agents are able to help you find the right property and negotiate a fair price, they don’t have the ability to do everything.
An experienced real estate attorney can help you with many different contract and negotiation issues. You must understand the following.
What is a real estate lawyer? How do We choose the right one
What is the job of a real estate lawyer when buying a home?
Real estate lawyers handle many real estate transactions, including those involving residential and commercial properties.
They represent clients in foreclosures, short sales and leasing. They also deal with the running of-the-mill selling and buying transactions.
Your real estate lawyer can help you buy a house. oversee the closing process Check any paperwork you have to sign.
They’re responsible for preparing documentation for closing. They are also able to assist with title insurance.
Some people choose to use an escrow and title company to prepare the documentation and manage the entire process.
This is an option.
The down sides of an escrow company or title
Know that a title and escrow company are not necessarily the same thing. doesn’t offer legal counsel.
So there are certain pieces of advice that they can’t give.
A law degree isn’t required to become a title agent. If you have legal questions about the contract or negotiation process, your title agent won’t be able to help you.
A title company works for the title insurer—they don’t work for you as the buyer.
On the other hand, a real estate attorney does work for your benefit. They will always be there for you.
An attorney who specializes in real estate can provide advice about how to best handle legal issues.
If unexpected problems arise during a title search, it’s helpful to have a real estate lawyer on your side. They can provide guidance on this issue too, whereas a title agent can’t.
What is the average fee for a real estate attorney’s services?
Homebuyers often find that the fees for a title company or a real estate lawyer are roughly equal.
Attorneys offer more for their money, however.
While attorney fees can vary depending on the case, real estate attorneys typically charge between $150-500 per hour.
A flat fee may be charged by a realty attorney to represent a buyer in a property transaction.
Signs that a good real estate attorney is reputable
The next step in finding a qualified real estate lawyer is to find one to handle your transaction.
Your real estate agent might recommend a lawyer to you if they have a good relationship. Understand, though, you don’t have to use their agent.
It’s perfectly okay to do your due diligence and find an agent on your own. But it’s also important that you don’t choose a random real estate attorney.
Buying a home is one of the single most expensive transactions you’ll make. So it’s imperative to have an attorney that’s experienced and competent. This will ensure that the transaction goes smoothly.
The following are indicators that you have a great real estate attorney:
1. Knowing the law in your area
When choosing a real estate attorney, it goes without saying that you need an attorney that’s licensed to practice law in your state.
However, you should go a step further and choose a real estate attorney with knowledge of your local area—more specifically, your city.
This is vital because real estate law may differ from one state to another. You should ensure that your agent is well-versed in the laws of your city.
It’s smart to consult with more than one real estate attorney before making a decision. But while you want someone who’s knowledgeable, it’s also important to choose someone you’re comfortable working with.
There are likely to be questions or concerns during the entire process. So you need a real estate attorney who’s patient and willing to explain complicated terms.
You might not choose the right lawyer if they seem impatient, rude, and rush to get you to your initial appointment.
3. Great communicator
Also, you want a real-estate attorney who is able to communicate well.
And this is how it works:
They will respond promptly to your emails or calls.
This could be an indicator of what to expect when you contact a real-estate attorney to set up a consultation.
4. Good reputation
It’s also wise to choose a real estate attorney with a good reputation in the community.
Again, you can take recommendations from your real estate agent, but it’s also important to do your own search.
Talk to family members or friends who have used a real-estate attorney in the past months or years.
Ask for recommendations.
If they’ve had a positive experience working with a particular attorney, you might have a similar experience. Online reviews are also available.
In addition, you can contact your state’s Bar Association for a list of real estate attorneys licensed to practice in your state.
Questions to ask a real estate attorney when meeting with you
You should be a participant in the conversation with your real estate attorney when you meet for the first consultation.
Before you hire a lawyer, here are some questions to ask:
1. Which experience are you familiar with real estate law?
An experienced attorney is the best choice.
Real estate transactions can get complicated. Your attorney needs to be able to quickly deal with various issues. This allows you to close on time.
Inquire as to how long they’ve practiced real estate law, and how many residential real estate transactions they’ve handled. Depending on their answers, you can determine which attorney you’re comfortable working with.
2. Could you give me references?
It’s also okay to ask a real estate attorney for references. This includes references from other clients—not colleagues, family, or friends.
Think twice about using a real estate attorney that’s hesitant, or can’t, provide references from previous clients.
3. What are the possible issues?
It’s important to go into a real estate transaction with your eyes wide open. Some people are fortunate and don’t run into major issues when buying a home. Others aren’t as fortunate.
Ask your attorney to discuss potential issues that may arise during the process and how they would deal with them.
4. Are you also a title agency?
Some real estate lawyers are also title agents. Or if they’re not a title agent, they might employ one in their office.
In closings, real estate attorneys and title agents often work together. Due to all of the back-and forth communication, paperwork could fall through the cracks, causing delays.
Your real estate attorney may also offer title services. This will help you avoid any potential delays.
5. Can you take care of my case?
This is need-to-know information because depending on an attorney’s workload, the person you meet with might not be the person working on your case.
An attorney might instead give your file to a junior lawyer, paralegal, or another professional. If so, what’s the experience level of the person working on your case?
Ask for the name and contact information of any other lawyer or paralegal who handles your case. It might be quicker and easier to get a reply from them if you have any questions or concerns.
The process of buying a house can be slow, frustrating, and complex. For this reason, it’s smart to have competent, experienced professionals in your corner.
This means that you will need to work with a reliable real estate agent and a knowledgeable real estate lawyer.
Although a real estate lawyer may not be necessary in your area, you still have the option of using their services.
An attorney can help you with legal advice, preparation of closing documents, and ensuring a smooth transaction.
However, it is important to do your research and ask questions. This is the only way you can find the right attorney to represent your home purchase.