Questions to Ask your Real Estate Lawyer
If you are going to be making any kind of real estate transaction, you will need the help of a real estate lawyer. Real estate lawyers can help with the purchase of a new home, investment properties, foreclosures, and any kind of complication that may arise while you are trying to close on a property. While there are some for sale by owner deals, bypassing realtors, you most often cannot get by without a lawyer, and so when it comes time to make your property purchase or do anything related to real estate you will need to find a lawyer that can represent you. Here are some questions that you can ask of your real estate lawyer to determine if they are a good fit for you.
What similar experience do they have?
While all cases are unique, you want a lawyer who has worked on similar real estate cases to your own. When you are making a simple home purchase, you can rest assured that they have the necessary experience, as processing property transactions are very common. Less common real estate needs are the ones that need expertise and experience, so make sure that your lawyer can handle them if they are what you face.
What is your fee policy?
When you are going through the process of buying a house, you should set aside a certain amount of money for legal fees. No matter what, hiring a lawyer will have additional costs, and depending on your needs those costs can vary. For standard home purchases, this is often a flat fee, but if there are any legal issues, court cases, or settlements associated with your case, then fees can add up. Discuss their fee policy and how they operate before you begin working with them so that there will be no nasty surprises for anyone. Remember, the more experienced a lawyer, the higher their fees usually are.
How can I reach you?
Your lawyer will have other cases and priorities throughout their time working with you. While this is true, you still want to know that if you have questions that there is an avenue where you can reach your lawyer or a representative from their firm. Whether a real estate paralegal administrator, junior partner, or person at the firm can answer your question, forward it to the lawyer, or get an answer from the lawyer for you, is essential and you want to know that there is a clear route for communication that you can rely on throughout the process. This is especially true for when you will be picking up keys to your new home from your realtor.
Real Estate Law with Verhaeghe Law Office
If you are looking for an Edmonton law firm to handle all of your real estate needs, then look no further than Verhaeghe Law Office. Our team of experienced lawyers have expertise in a multitude of areas, including real estate law, family law, estate and probate law and corporate law. If you have any real estate problems or are simply purchasing or selling a home, then contact us today.