REAL ESTATE ATTORNEY: How to Interview an REA?

[Raylor G.]

BP,

What are some of the main points you focus on when interviewing a real estate attorney?

[Lou Castillo]

Here are some of the things I ask:

- Have you worked with other investors before?

- How large is your office? Do you have pre and post closers? Are there other attorneys? (If the office is too small, the closings get backed up and they never get caught up)

- Have you closed creatively financed deals (e.g. seller financed; private lender; wrap mortgages? Will you close a subject to deal?

- Can I order title early in the closing process to make sure we have time to clean up any issues?

- Are you familiar and comfortable with wholesale deals (Assigned Contracts)?

That should stimulate a good conversation to see if you have the right attorney.