Top 5 Most FAQ About Real Estate Attorneys


Buying or selling a home is one of the most stressful things you can do in your life. This is where real estate lawyers come in: to guide you through the real estate market ensure you're making a wise investment. Here are the top 5 questions you should be asking when looking for a real estate attorney.

1. What does a real estate attorney do?

A real estate attorney is any lawyer who specializes in laws pertaining to real estate. This could involve buying and selling property, lease agreements and tenant contracts, or home foreclosures. Real estate attorneys are there to help make sure you have all of the right documents and transactions in place to make owning a home the easiest it can be.

2. Why do I need a real estate attorney?

You don't always need a real estate lawyer. Because real estate transactions are now so standardized, most individuals do not need any help outside of their real estate agent. Some states, however, mandate a real estate lawyer be present in any home buying. A real estate lawyer may also be necessary if you find yourself in some of the sticky situations listed below.

3. How can a real estate attorney help a buyer?

If you are a buyer, a real estate attorney can help you with:

  • Buying from out of town.
  • Buying a property that is a short sale, bank-owned, or a part of an estate sale.
  • Buying a home that has potential issues such as structural damage, high toxicity levels, or in a hostile area (i.e. flood or tornado zones).

4. How can a real estate attorney help a seller?

Real estate lawyers can help sellers with:

  • Selling a damaged or potentially damaged property.
  • Selling the property of a deceased homeowner.
  • Selling a property with an uncooperative partner.

5. How much does a real estate attorney cost?

Unfortunately, there is no average cost of a real estate agent's services because the amount is determined by the specific situation of each buyer or seller. Typically, if you are using a lawyer to close on a house, they will charge a flat rate. If your issue is more complex, you will generally be charged by the hour like most other lawyers. Ask any lawyer you are consulting with for an upfront estimation of their fees.

Many lawyers are willing to do consultations for free, so if you are experiencing any home-related legal issues, do not hesitate to contact a real estate attorney such as Michael Adler.


21 April 2015

Getting Through Bankruptcy With Minimal Stress

Filing for bankruptcy has a tendency to make people feel ashamed and stressed out, and can turn into a big source of depression if not handled properly. As a counselor for couples and families, I have worked with various families throughout the years who have had to go through bankruptcy. And during this time, I have seen firsthand how, with the right mindset, going through bankruptcy can make people stronger in their financial lives and careers. I started this blog to provide information about the right things to do and the things that should be avoided while going through bankruptcy to minimize stress and maximize potential once the process is over. If you have any questions or concerns, hopefully they can be addressed on these pages.