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A smooth real estate closing depends heavily on the attorney you choose. Unexpected issues frequently come up during a closing so you need the right lawyer to protect your investment. You should retain a Real Estate Attorney who: 1. Performs Work PromptlyA good Real Estate Attorney will help prevent delays. You may lose a transaction if contracts are not prepared or reviewed quickly.
2. Is Heavily Experienced in Real EstateAn experienced local attorney knows how to protect your interests and proactively create solutions to title or structural issues.
3. Is Focused on Transactions, Not LitigationA good "transactional" attorney focuses entirely on amicable, efficient solutions. Avoid attorneys who primarily handle litigation, as they may approach a standard closing too aggressively.
4. Is Intimately Familiar with the AreaA local attorney has a deep understanding of regional building department practices, municipal nuances, and local title customs.
5. Communicates Seamlessly with Agents & LendersA real estate transaction requires teamwork. A great attorney works effectively alongside your real estate agent and mortgage professional to save you time and administrative headaches.
6. Orders a Title Search Immediately & from a Local Title CompanyMany non-local attorneys use generic national title companies. A local title company understands regional property boundaries and resolves historical discrepancies much faster.
7. Understands LendersAn attorney who frequently represents mortgage lenders can look ahead, avoid unnecessary "red flags" in your contract, and streamline the bank's underwriting approval.
8. Has a Dedicated & Structured Office StaffAvoid understaffed practices where client files stagnate because the lead attorney is acting as their own assistant or is away at a closing. Avoid offices where a lack of support staff means the lead attorney is too distracted by simple office tasks to promptly focus on your actual legal file
9. Has Direct Primary Attorney InvolvementWhen you hire an experienced real estate attorney, that is exactly who should be doing your legal work. Avoid firms where file negotiations are quietly passed down to less experienced junior associates or legal assistants, and the Attorney that you hired might not be at your closing.
10. Encourages Questions & Communicates OpenlyYou shouldn't have to be a legal expert to buy or sell a home. The right practice treats your questions as productive steps toward a smooth transaction.
The Law Office of Cory A. Levine, P.C.These are the benchmarks to help guarantee a seamless, protected closing, you shouldn't settle for minimum standards. The Law Office of Cory A. Levine, P.C., is specifically focused on these standards:
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Buying real estate in Westchester, Putnam and Dutchess Counties is a major investment. The home inspection is your primary opportunity to 'look under the hood' before you are in contract. While your real estate attorney handles the contract, the inspector ensures the physical structure matches your expectations Should You Attend Your Home Inspection?We highly recommend that you attend. It’s your chance to walk the property with a professional who can point out maintenance tips and explain the difference between a minor repair and a structural 'deal-breaker.' If you can't be there for the whole thing, try to arrive for the final hour for a summary. What to Look for Beyond the StructureIn Westchester, Putnam and Dutchess Counties, a standard inspection covers the basics, but you should also consider:
Does "Caveat Emptor" Typically Apply in Westchester, Putnam and Dutchess CountiesNew York is a 'Caveat Emptor' state. Once the Contracts are signed by you and the Seller, you are generally buying the house 'as-is.' A home inspection isn't just a physical check-up; it is your legal due diligence. If your inspector misses a structural issue now, you likely cannot sue the seller for it later. This is why we insist on a highly-rated, licensed professional rather than a 'handy' friend Questions to Ask Before You Sign ContractsAs your real estate attorney, we want you to properly understand the property. Beyond the structural report, you should ask the Seller (and have your inspector verify) the following:
Home inspections are just the first step. To know more about closings, visit our Real Estate Buyer FAQ page. |
AuthorCory A. Levine, P.C. is one of the highest rated & most recommended Putnam, Westchester and Dutchess County transactional law firms focusing on Real Estate, Wills & Probate, and Business Law. ArchivesCategories
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