Considerations For Choosing a Closing Lawyer
Who needs the anxiety of worrying about whether the right legal steps are being followed when sealing the deal on owning your dream home, or what delays could prevent you from getting in and settled sooner with fewer hassles? The answer is not you! That’s why it is the job of a closing lawyer to maneuver through the legal procedure and ensure that the best interests of both the seller and the buyer are met.
A good lawyer will…
- Be efficient in preparing all the documentation timeously.
- It is their job to check for errors and any other issues that may cause discrepancies and delays further down the line.
- Moreover, you will have a set of expert eyes looking for any information that should be disclosed to you before the time comes to close the deal. You shouldn’t have to deal with last minute surprises.
- “A lawyer’s time and advice are his stock in trade.” In the true spirit of Abraham Lincoln’s approach to his first trade of law, a lawyer it there to offer up his time and advice. Legal jargon can be confusing, and having the assistance of a lawyer on hand to do just that will help make this process all the more pleasant and all the less frustrating for you.
- Issues can arise, and a conflict of interests between parties is not unheard of; a closing lawyer helps to mediate these waters.
- A well-chosen closing lawyer will be up to date on any changes in the legal process, such as a change in documents that need to be submitted.
- Mostly, you will be kept informed throughout the procedure.
How to find the right fit…
You need to be happy with you is handling the details of your case. The best way to ensure this is to ask questions. The responses you get will determine your level of comfort with your chosen closing attorney.
- You will want the credentials of the person working your case. This, and knowing how long they have dealt in this area of the law, should put your mind at ease. It might also be worth knowing how long they have been practicing in your chosen area, and what percentage of the business is dedicated to cases like yours. Their reputation in the community should definitely precede them.
- Find out who else will be involved in handling your case. You may feel supported knowing there is a team of dedicated staff all lending their skills to the job. It is better to know with whom you will be dealing with most directly.
- Aside from the issue of fees (although you should find out how this aspect will be handled) make sure they are able to communicate with you using a mode that is suitable. This can help you to know how easily they can be reached at any given stage of the process.
- Even though you may have a good idea of how well versed they are in closing deals, it doesn’t hurt to ask how many cases like yours have crossed their desk. Get to know how they deal with each party involved in the sale transaction.
Any questions you ask will establish how easy and transparent the ordeal of property changing hands will be for you. Contact a law firm that wants to offer you access to as many resources as possible, and who wants to get the job done smoothly and reasonably.