Both buyers and sellers can agree that real estate closings can often prove to be nerve wracking experiences. Typically, closings involve the exchange of large sums of money, with each party involved having put in plenty of work during the buildup to the closing date. Additionally, real estate contracts often have plenty of legal jargon which to the average person can be difficult to understand. Therefore, it is necessary to pick a good real estate attorney to help with the transaction, since it can relieve plenty of stress associated with closing such as ensuring all the prerequisite documents are well prepared, making sure all the paperwork is in order and drafting the deed. Here are some factors to bear in mind when seeking the best real estate attorney, to ensure you have a smooth home buying or selling process.
First, consider beginning your search for a good real estate attorney early on in the process i.e. ideally almost the same time you begin your search for a new home/buyer. This is useful since you need ample time to find a good attorney otherwise, you could easily find yourself in the predicament of having to settle with any attorney at the last moment.
Prioritize attorneys you already have a good relationship with. If you have ever hired a real estate attorney to assist with your real estate transaction and had a good experience with them, consider hiring them again. Due to your past experiences with a particular attorney, you generally have an idea of the quality of their services and understand the procedures when handling real estate closing. Since you approach this attorney as a repeat customer, he/she may be willing to handle your transaction at a lower fee. If you have no experience with real estate attorneys, but have ever worked with any other attorneys, then consider asking them if they know any good real estate lawyers. Most lawyers practice law on a general basis i.e. had handled cases of different nature, therefore it goes without saying that many general practice attorneys can handle real estate laws since it is one such area.
Ensure you reach out to the bar Association within your area. By contacting the bar Association, you can be given a list of attorneys specialized in realistic law within your area. By using the state bar as a resource, you get the additional benefit of ensuring the attorneys you pick are properly licensed to practice law not only in real estate but within your area. Typically, you could either visit the bar Association’s website or give them a call to access such a list.