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I wanted to talk today about how important it is to hire the right real estate attorney.
Too often, people hire a friend, discount corporate attorney, or an attorney who doesn't specialize in real estate. Hiring the wrong attorney almost always means slower response time, added stress and confusion, and it can ultimately cost you the deal.
I would go online and read reviews of attorneys, or better yet, ask your Realtor for three or four preferred real estate attorneys. That way, you could call and interview each one until you find the attorney that you're most comfortable with.
Once the Realtor has done their part and the home is under contract, the real estate attorney is crucial. They start and conclude attorney review, they negotiate inspection terms, they order the title and survey, deal with meeting or extending contingency dates and terms, and put the closing documents together. They do this for a small fee of anywhere between $1,200 and $2,000.
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Hiring the wrong attorney can
cost you thousands.
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cost you thousands.
The question is - do they have the incentive, time, and human resources to get these major tasks done in a timely manner? Unnecessary delays can cost you hundreds or even thousands of dollars. So please, hire an attorney who is skilled, responsive and proactive in your real estate transaction.
If you have any questions or you'd like me to recommend a great real estate attorney, please let me know, and I'd be happy to help.
If you have any questions about real estate in the New Jersey commuter towns, give me a call or send me an email and we'll talk soon.
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