Five Questions for Your Real Estate Lawyer
There are five questions for your Real Estate Lawyer when you decide to make an offer as a new homeowner, an old hand, or a professional real estate investor. It’s essential to make sure you have the right people in your corner to ensure your transaction goes smoothly, and you’re not left with any unexpected and even costly surprises.
Realty Business News said, “Real Estate Agents and Mortgage Brokers are often a pivotal component to the process, but Real Estate Lawyers are also a great resource to rely on for all your legal questions and needs. Finding a reputable Real Estate Agents and Mortgage Brokers are often a key component to the process, but Real Estate Lawyers are also a great resource.” Finding a reputable Kansas City Real Estate Lawyer is essential to ensure peace of mind and a stress-free buying or selling experience. Here are the top 5 questions for your Real Estate Lawyer before buying a home:
Five Questions for Your Real Estate Lawyer
- Are you experienced with real estate transactions?
Ensuring your lawyer has experience handling similar deals and has a good reputation in your city will ensure you’re entering into a business relationship with trustworthy representation.
- What will you take care of for me?
An experienced real estate lawyer will be able to walk you through the buying and selling process and let you know in advance about what to expect
- What will closing costs run?
Closing costs include everything from legal fees and administrative costs to reimbursement of property tax and utility fees to the seller. Closing costs typically come in between 1.4% to 4% of the total purchase price. You can also ask your lawyer how they bill. Some offer flat fee service and others bill hourly.
- What do I need to do?
Real estate transactions can often be complicated, so it’s important to know what steps you are responsible for taking throughout. Real estate agents, brokers, and lawyers are there to guide you, but ultimately, it’s your responsibility to make sure you’re providing the proper information needed to complete the deal.
- Will you clarify the documents?
Last, one of the five questions for your Real Estate Lawyer: Be sure to read any contracts or purchase offers in full before signing. If there is a provision in a document that you don’t understand, now is the time for your lawyer to explain the meanings and details. You will avoid many problems by asking the right questions, being prepared, and staying informed throughout the process.
Ask for FREE information about How to Sell Your House Fast.
Terra Firma Property Solutions, LLC is a professional, full-service real estate solutions firm.
We buy and sell properties throughout the greater Kansas City area. We specialize in buying distressed homes, then renovating and reselling them to home buyers and landlords. Terra Firma Property Solutions: excited to be part of the economic rejuvenation of Kansas City and its surrounding areas.
Call us today at (816) 866.0566
by Helloquence on Unsplash
