When it comes to buying or selling real estate, the right real estate lawyer can help you save thousands of dollars. The lawyer can also help you protect your home from repossession or foreclosure, protect your investment, and manage the entire transaction, from start to finish. Here are some of the basics you'll want to know before you make your choice.
What exactly does a real estate lawyer do? A property attorney represents you in court, negotiates on your behalf, and helps you complete the transaction. They can also help you deal with the foreclosure, buy a house, and even handle landlord/tenant issues. Commercial lawyers deal specifically with development projects and construction projects. They may specialize in real estate matters, but they often have experience in other legal areas as well.
How do I find a lawyer? You don't necessarily have to be a lawyer to find a lawyer. Some lawyers conduct business out of their homes, but others have offices. There are many real estate firms online that list their lawyers and where they're located. If you have a specific area of expertise, look into a particular realtor to see if they have a legal background.
How much do they charge? Most lawyers charge on a retainer basis. Your initial consultation will determine how much you will pay for services.
One of the most important things to know about lawyers is that they must be registered and licensed. You should also check to make sure that the lawyer you select is board certified. If a lawyer is not board certified, you'll want to steer clear of that person and look elsewhere.
After you have found a real estate lawyer who is reputable and has experience in your field, make sure that you find out about his or her fees. Ask to speak to past clients, call past clients for references, talk to your mortgage company about the lawyer's experience, and take advantage of the power of the Internet. to find out what other people think of the lawyer.
Once you have found a lawyer, be sure that you communicate clearly with him or her. Be sure to clearly describe your expectations from the lawyer, and clearly explain any concerns you might have. It is very important that the lawyer clearly explains the services you need, and that he or she is able to explain them in a clear and easy to understand manner.
If you find that a lawyer cannot meet all of your needs, it's important to move on. After all, if the lawyer is unable to help you, it is likely that he or she will not help others.
If you have any doubt, choose another attorney. However, if you absolutely trust your chosen a particular lawyer, find out whether you are comfortable with him or her. If you find that you are comfortable with the lawyer and he or she is helpful, the chances are that the two of you will be able to work together in the future.