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Updated about 3 years ago,
- Rental Property Investor
- 41.11710766948574, -74.15461600214188
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How did your attorney help you ?
I have yet to do my first deal and I recall reading in one of the bigger pockets books that on the west coast they typically use title companies and on the East Coast they use attorneys for closing. I reached out to a family member to discover what their process was for closing (regular home, not investment ) and they mentioned that even though they use the title company they actually had used an attorney as well. I asked what the attorney's purpose was and how they helped them.
His reply was "well I didn't have any questions and he didn't even show up he sent a substitute on the day of the closing." So I asked why he even had an attorney at all? He told me, "well I never bought a house before and you never know what might come up so I figured it would be helpful." Like... Um? Waste of money?
When I purchase my first deal, do I actually need an attorney or can i just use a title company?
Has your attorney actually helped you? Any good stories?