It’s really a great idea to hire a real estate attorney early on because it will help you save more time and money as well as defend you from various risks. Remember that purchasing a real estate property is one of the biggest financial decisions in your life. It would be best if you make sure you’ll get what your money is worth.
If it’s your first time to hire a real estate attorney, there are few points you must remember:
Hire a real estate lawyer the earliest possible. Ideally, you will begin looking for a good real estate attorney the moment you start hunting a real estate property.
Get recommendations from your friends; not from the seller of the property you’re trying to buy.
Make sure you will interview every real estate attorney that will apply. Ask about his expertise on the matter, his past experiences, and most of all the legal fees and how much time will it take to finish a deal.
Be specific when you’re asking how much you will be paying your lawyer for his legal services. Expect to pay $150 to $350 if he charges hourly. Know all the base fees included as well. Specify the expanse of services he will provide for your case.
Cross reference your prospected attorney as well especially when you’re trying to buy a bigger real estate property involving bigger amount of money. Ask your attorney about his previous clients with cases similar to yours. When he gives a name, contact the old clients right away and ask if they were satisfied with the legal services.