How much do real estate attorneys cost?
Posted on March 8th, 2010 in Renting & Real Estate | 4 Comments »
gymjunkie88 asked:
I am looking to possibly purchase my grandmothers home. We are trying to determine of it is more cost effective to use a realtor or use a real estate attorney.
Redding CA Real Estate
I am looking to possibly purchase my grandmothers home. We are trying to determine of it is more cost effective to use a realtor or use a real estate attorney.
Redding CA Real Estate
4 Responses
Mesa Real Estate Listings
REALTORS cost LOTS more and would be total WASTE of money in this situation. They take 5-7% of sale price.
Attorney Cost depends on state, can be anywhere from $250-750, total.
Need title insurance.
Baltimore Maryland Real Estate
in what state r u?
it is always more cost effective, in a “normal” purchase, to
limit yourself to using a buyer’s agent and never ever a dual agent.
I can find you one if you wish.
[a RE broker is held to the same legal part standard]
West Los Angeles homes
Attorneys cost about $150/hour and you can expect about 1/2 day for legal fees in property transfer, probably less for in-family transaction. You may both have to hire attorney’s though to insure there is no conflict of interest.
There is absolutely no reason to involve a realtor for this kind of transaction.
Houston Discount Real Estate
A great idea or choice is need this time to help the problem bothering you. Try to think it first the possible pro’s and con’s in making decisions. Realtors would lead you to expend lots of money before you come up with a good idea thus in this situation you need to save your money in order for other expenses you used. Rather than if you choose to have an attorney it can lead you to less cost on your part. A family or a close friend attorney would free of charge maybe for that or less amount of money you will expense on it.