Choosing an Ideal Real Estate Attorney
Planning to purchase a piece of property is a tricky issue. Unless you are knowledgeable and experienced, it is likely to land you in trouble. Whether it is a home or a commercial building/land, you need to be sensible to consult a real estate lawyer so as to protect yourself from any unforeseen liability and also your attorney will see to it that your rights are protected. This article presents tips to help you choose the best real estate attorney.
Seek others advice. Ask your friends and relatives who have purchased a home or any property recently and ask if they could recommend a real estate attorney they have used. Also seek the names of reputed attorneys from your real estate agent. Further ask about the fees charged by the lawyer and how well he helped them to navigate the process of purchasing home.
2) Look for experience
You need to find a residential attorney who specializes in selling home and who one who has not only handled a handful of times but regularly. In addition, check online for lawyer referral service.
3) Choose a few attorneys to interview
Choose a few attorneys for interviewing through phone or in person. Ask them about their background, years of experience, number of cases they typically perform in a month or in a year, what services they provide and check if they give you the names of their clients as a reference. Right away ask what fees they are going to charge.
4) Do some research about the attorneys you are thinking of hiring
Do some research online and search for the articles written about the attorney you are thinking to hire. Look for ads in newspapers or in the yellow pages. Are the adds helpful? Also try asking for brochures or any promotional materials to get the sense of hoe he/she works.
5) Price considerations
Attorneys charge their clients in different ways. Some may charge a fixed fee, while others charge a percentage based on the value of the property. In addition, there may be an extra fees to cover the cost of the paperwork. Cost may vary depending on the work involved and value of the property. Moreover, the real estate attorney may also charge for any additional expense they incur on your transactions like vat, postage , etc., which is also known as disbursements.
Avoid choosing a low-cost attorney and the one who handles high volume of cases at a time as it is likely to lead to poor service. It is sensible and worth paying a little extra for quality work.