In New York, you want to hire a real estate attorney. It’s too risky not to. Most people make the same few mistakes?
Mistake #1: Wait until after they have found their ideal apartment or house and have an accepted offer.
Why is this a mistake? The pressure is on. You need to find a real estate attorney now and don’t have the time to really do a good job finding someone.
Mistake #2: In a rush, they ask a few friends for recommendations.
Why is this a mistake? Just because a friend liked their lawyer, doesn’t mean that you will click with them as well. Also, your friend might have picked a lawyer who doesn’t have the expertise that you need.
Mistake #3: Hire the cheapest lawyer they find.
Why is this a mistake? A good real estate lawyer will spend the time working on your behalf and will save you money – or at the least will not cost you more – in the long run. This is probably the biggest transaction of your life and not worth saving a couple of hundred bucks.
Take the time and find the right real estate attorney for you.
Well said. I do agree with you. People often make these three mistakes when hiring a real estate attorney. Even me, made the same mistakes. Another greatest mistake is that hiring without knowing the experience of the attorney. Thanks a ton to the author for helping to identify the mistakes.
I’m glad that you talked about being careful to not just take any recommendation for a real estate attorney. You bring up a good point where you may not have the same preferences for a real estate attorney as a friend or family member. I’m going to have to see if we can get some recommendations for a real estate attorney to help us get into our new home, but we’ll be careful to look into them before we choose! Thanks for the warning!
I appreciate your suggestion to find a real estate attorney ahead of time. My husband and I are going to be purchasing our first house sometime soon. Maybe it would be best to start looking for a real estate attorney so we have one lined up when we’re ready to make a purchase.
I like that you mention that just because someone recommends a good lawyer does not mean that you’ll get along with them. That’s why I think it’s important to meet with as many as you can, or at least speak to them over the phone. By doing this, you can get a better sense of how they treat clients and how their expertise can help you.
It’s great to learn how to hire a real estate lawyer without making mistakes. I like how you said to hire one early in the process, so you save yourself enough time to find the best lawyer. I don’t hire anyone without weeks of research, so a lawyer shouldn’t be any different.
Basically, it’s important to give time and careful consideration when hiring a real estate lawyer for your home selling or buying project. That’s nice to learn since we are planning to move this January and still haven’t started our search yet. I’ll be sure to heed your advice and start asking around to learn where I could get myself a reliable real estate agent. Thanks!
I like how your advice basically boils down to people needing more time and better assessment when it comes to hiring a real estate attorney to avoid any problems. That is because rushing and choosing the cheapest attorney could potentially cost you more than what you are intending. A good real estate attorney is an investment that would be able to pay for itself and more with their top-notch service. I’ll be sure to keep these tips in mind and avoid rushing in and being too cheap when getting an attorney to have my back in the real estate game. Thanks!
Very useful information! Thanks for sharing!
Thanks for the tips on what mistakes to avoid when hiring a real estate attorney, they were insightful. I agree that waiting till the last second to hire a lawyer can be a huge mistake, it can really put you in a bind that could cost you a lot. My best friend is in the process of selling his home and he wants to wait before he hires an attorney, I will be sure to share these common mistakes with him.
Hello Sir,
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Thank You
Amazing post! Thanks for sharing this informative post. Keep Posting.
Amazing post! Thanks for sharing the information about real estate attorney. Keep posting.
I never knew until you shared that one of the common mistakes that people tend to commit in hiring a real estate law attorney is when they pick the cheapest they could find in the hopes of saving money. It does make sense to me because the cheaper the rate is the higher the chances that you’re picking someone who’s inexperienced and prone to mistakes. I’ll make sure to share this to my friend who is looking to find a lawyer to review the real estate contract of the new home that he’s eyeing to buy soon.
Hello, This is a good article. I agree with the fact that one should choose a real estate who is knowledgeable about the neighborhood and surrounding areas of the property that you are looking to buy. This is truly a great read for me. Thanks a lot for posting a quality article like this & keep sharing 🙂
Nice article. Thanks for sharing.
Really great content about how to choosing the right real estate agent! Thanks for sharing such an informative post.
It got me when you said that I need to pay attention to the lawyer that I will hire and that I might not click with the one that worked with my friend. You mentioned that I need to make sure that they have the expertise that I need. This will be noted since I intend to buy a house in the near future, but the one I want has trouble connected to it. I need a lawyer for closing so as to make sure that everything will be alright.
Very good information. I wasn’t even sure if I needed a real estate attorney, but I’m glad to know that I do.