North Carolina is among those states that require a real estate attorney to be present for closing real estate transactions. The buyer’s attorney is important on the day of closing, even if the seller chooses to hire an attorney for his interests. If you are buying a home and need a real estate attorney in Monroe NC, there are many options to consider. Here are some aspects that matter before you take the final call.
Look for expertise
Not all attorneys specialize in real estate, so make sure that you find one who is experienced and has expertise in this sector. A good real estate attorney should have positive reviews online, and as a client, you can ask for references too. You can ask your friends and neighbors about the attorneys in Monroe that they worked with, or else, just check on Google. Many law firms have their websites these days, so finding details doesn’t have to be hard.
Schedule a meeting
Once you have found an attorney, ask them for a meeting. You need to know what a real estate attorney can do for you. Expect them to have a clear understanding of real estate laws, mortgage terms and conditions, and the paperwork involved. They should explain the whole closing process, must review and draft all the documents, and do title-related search, so that everything is in your favor. An experienced real estate attorney is expected to work in your interests, and they should answer all the questions related to your deal.
Know their fee
Most real estate attorneys charge by the hour in Monroe, but it also depends on the work they do. You can also expect some attorneys to charge a flat fee, including a set of things they will manage. Ensure that you compare real estate attorneys based on the fee alone. Paying a tad more for expertise and experience is never a bad idea, considering this is among the biggest investments of your life.
As a buyer, don’t think of attorneys as a requirement for real estate closings. Instead, think of the experience they bring to the table. Hire an attorney the moment you have found a property worth buying, and get their advice on the title and all other aspects that matter for your investment. Their advice can change everything and the way you deal in the real estate, in the future too,