When buying or selling real estate, having a lawyer you can trust is essential. A good one will help you navigate the process, maximize your benefits and minimize your risks.
Here are answers to some common questions about how to choose a real estate lawyer near me
Q: What areas of law do real estate lawyers typically specialize in?
A: Real estate law is complicated and covers many different areas, so it’s best to find a lawyer who focuses specifically on real estate transactions. Some will also practice land use law, which can involve zoning and environmental issues. Others may specialize in finance and lending, leases, and title work.
Q: What should I expect from my first meeting with a potential lawyer?
A: In the initial meeting, you’ll want to find out if the lawyer can handle your case. For example, some specialize in buying homes quickly, which is particularly helpful with an imminent closing date. Others might focus on probate or elder law.
Q: How much will it cost?
A: Real estate lawyers typically charge by the hour. Rates vary widely so it’s best to get a range from the lawyer during your initial meeting. Then clarify with him or her how many hours he expects the process will take and what the total cost will be before you move forward with the case.
Q: How much are legal fees?
A: As noted above, rates vary widely, so it’s best to get a range from the lawyer during your initial meeting. Then clarify with him or her how many hours he expects the process will take and what the total cost will be before you move forward with the case.
Q: What is my role in the process?
A: Make sure you know exactly what steps your lawyer will take and what you need to do. For example, he or she may send a letter to your lender requesting information about the home’s history of flooding. You might need to provide documents such as the sales contract and any surveys.
Q: How do I find a real estate lawyer near me?
A: To make your search easier, you can take help from your friends, colleagues, or family members to get the best advice of a real estate lawyer near me.
Q: When should I sign a lawyer-client agreement?
A: Many lawyers won’t start working on your case without one. The agreement should state in plain language exactly what you are hiring the lawyer to do, how much it will cost and when payment is due.
Q: How can I avoid signing an engagement letter?
A: Engagement letters establish your relationship with a real estate lawyer and spell out what services he or she will perform for you. While it shouldn’t be a binding agreement as your attorney will need to be able to work with you as your case progresses, this is an important document that shouldn’t be ignored.
Q: How do I choose among real estate lawyers?
A: Many states have bar associations that provide information about the credentials of practicing attorneys. In addition, real estate lawyers typically belong to real estate and/or related associations. Lawyers who are certified as real estate specialists by these organizations have experience in real estate law.
Finding a real estate lawyer is important for everyone. Whether you are buying or selling the property, having the right real estate lawyer can save your life in many ways. If you need to find an expert who will protect both parties and ensure that everything goes smoothly without any legal snags, contact us today!