How To Select A Good Real Estate Closing Attorney

Your real estate agent can give you the names of qualified closing attorneys in your area. Once you have a few names and recommendations, here are some things to consider in order to pick an attorney that will work for you:

1. Hire a real estate lawyer based on his or her qualifications, experience and background - not based on the fee charged. If anything, a lower fee is an indication that your closing will be handled poorly or by a law firm that operates a real estate closing "factory". Buying real estate is a huge investment for most of us. Don't skimp on representation. The downside is too big of a risk.

2. Do not hire a lawyer to handle your real estate closing without speaking to him or her before you look into hiring that person. This is your opportunity to ask all of the questions you have, and raise any concerns that you have about the legal process. You might not speak to the lawyer again until closing, and that's OK. If you have spoken to the lawyer prior to the actual closing, though, he or she will take a greater interest in you. It's just human nature to have preference for someone that they have association with.

3. When you talk to the lawyer, ask any questions that you have about surveys, title insurance, scheduling, and what to expect in general. You are not required to attend the closing in person if you make the appropriate arrangements ahead of time. If you cannot be present for the closing, tell your lawyer during this conversation. Also, ask for the name of an assistant or other point of contact in the law office. Finally, get any instructions from the lawyer about bringing funds to your closing. For example, if you are going to wire funds to the closing, the lawyer will have to help coordinate the wire transfer on or before the closing date.

4. Forming a professional relationship with a good real estate lawyer will benefit you down the road. You will also need a real estate lawyer to handle any refinancing that you do on your property, as well the sale of the property at a later date. If you use the same attorney time after time, you will find that you get a better deal on legal fees. Plus, you will have someone to call if you ever get a speeding ticket!

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