Whether you are looking to buy or sell your house, you should look to hire a good real estate lawyer to help you in the process. Hiring a good lawyer can not only help you choose a good house, but can also save you money in various different ways.
Since buying a house is one of the biggest investments for many, we should try to keep ourselves safe when looking to buy a house. However, not every real estate lawyer is good either. There are lots of bad lawyers which will provide you with substandard services while charging you a premium price.
In this article, we will provide you with some of the biggest red flags you should look out for when hiring a real estate lawyer from Armstrong & Surin.
Absurdly High Fee
When you’re looking for a real estate lawyer, you might consider it as an extra expense. That’s why many buyers try to find the cheapest lawyer they possibly can. You should at least get quotes from three to four lawyers before finalizing. If you do not take this important step, you will be in the risk of waiting for too long before buying or selling your house.
If you are selling, you will have to wait for too long to sell your house, and this will decrease the value of your house in the market. On the other hand, if you are buying, hiring an incompetent lawyer can cause lots of legal troubles for you later on.
No Knowledge of The Area
Another red flag you must avoid when hiring a real estate attorney is insufficient knowledge of the area you are looking to buy a house in.
Ideally, you should look for a lawyer who has years of experience of working in the same neighborhood.