Throughout the course of your real estate investment career you will inevitably need the guidance of a qualified real estate attorney. Getting the right lawyer is crucial to you. Spending $500 to have an attorney on retainer can save you $10,000 in lost profits from a deal that goes sour. You have several options when choosing an attorney which include investing in a pre-paid legal plan online or hiring a local attorney in your area. Here are some simple steps you can take to insure you choose a good attorney just like this Residential Real Estate Attorney Miami FL.
The number one criterion has to do with a lawyer's legal ability, background and experience. You need someone who is going to be honest with you and will lay down the law for you. Having an attorney who just tells you what you want to hear is useless. You need someone who will present you with options, explain the ramifications of each decision you make and give you recommendations on the best course of action. You need a seller finance attorney who gives you candid advice and council you can trust, someone with enough perspective to step back from an issue and look at it from all perspectives and be objective.
In this day and age of very complicated, niche legal issues, more and more attorneys are picking one field of law and specializing in it. You will almost always get better information from an attorney with a practice specialized in a particular area of the law than a “General Law” attorney who normally deals with a broad spectrum of legal issues. As a real estate investor you want an attorney who is proficient in real estate law , contracts, title issues and possibly even foreclosure defense and short sales just like the Los Angeles estate planning lawyer. One of the newest methods of finding an attorney is using an online, pre-paid legal service.
The Pros and Cons of Attorney Services Online
No matter where you opt to hire attorney services, the best thing to do so you could get the best one, is to ask for referral. Yes. Ask your friends or relatives whether they know of attorney services firm that is reliable and can give you the kind of services that you need. They may have worked previously on some attorneys with good records and refer them to you.
Daniel Doran is a 20+ year veteran in the real estate industry. He is a previous owner of a law firm, mortgage and title company. Daniel has also written several books on mortgage modification, short sales and real estate investing. He currently specializes in Commercial Finance and Real Estate Development and is a graduate of Manhattanville College and Brooklyn Law School. You can contact Dan at Buildings By Owner.