Our real estate lawyer has either been a family lawyer already known to us, or a trusted friend who is a dedicated real estate attorney with whom I swap IT support for legal work.
Last time I did pay him on a home sale that was especially tortuous I gave him $500, which I thought was a good deal considering it was cash and he probably had maybe 5-6 hours in the whole deal. For the most part real estate is boilerplate stuff and he acts as our mouthpiece, meaning we don't speak to the other party, their real-estate agent or lender. With the advent of email I can get an email from him and have a response in a matter of minutes for him, so his time involved is pretty minimal. Add to this that he is a good friend and we know he has our best interests in mind, too. Dan On Nov 12, 2012, at 3:53 PM, Tim C wrote: > On Mon, Nov 12, 2012 at 2:08 PM, Dan Penoff <d...@penoff.com> wrote: > >> Whenever we have bought or sold property we have a lawyer, basically to >> check the paperwork and to make sure all is being done as it should be. >> Also, the presence of a lawyer in a real estate transaction seems, at >> least from our experience, to make what would otherwise be big issues >> little ones. When the seller, realtor or bank starts creating trouble, a >> quick "bring them back to center" call from the lawyer has always gotten >> things back on track. >> > > Well, the two times I've purchased a house I've had a lawyer do the > paperwork, and both times the paperwork or research was incorrect in a > major way. Of course they never figure this out until it's time to sell, I > guess if I was flipping property it would be no big deal but getting them > to fix things from 5-7 years ago is a headache. > > >> For the life of me, I can't understand why someone would engage in the >> most expensive financial transaction they would probably ever be involved >> in without retaining counsel... > > > Agreed (in spite of my experience above). It is very handy to hire a field > expert - not necessarily for litigation purposes, but because they know > what the pitfalls are and hopefully can avoid them. Same reason I hired a > mechanic to do my brakes last time. > > Best, > Tim > who Saturday, replaced the driver's front bearing because the mechanic > overtightened it > _______________________________________ > http://www.okiebenz.com > For new and used parts go to www.okiebenz.com > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com _______________________________________ http://www.okiebenz.com For new and used parts go to www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
