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Updated 8 months ago on . Most recent reply

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Barry Taggart
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Would Real Estate attorney have reason to push/pressure closing?

Barry Taggart
Posted

I am in the process of purchasing a property, but carefully evaluating it during inspection period.  Some items have come up.

It's not an expensive property or an investment property, and I feel my real estate agent and real estate attorney are pushing me to purchase it.  They attorney is basically telling me it's a good deal/this/that and it seems to be biased.  I PERSONALLY feel the attorney should be neutral and alert me to red flags and lay out my options.

I 100% understand why my real estate AGENT would push me, so ... I 100% get that, no questions there.

But I don't understand why the attorney would.  I do believe they are getting paid regardless at this stage.  They may get a little more if the property closes, but it's not a lot of $. 

Does anybody have a comment?  1) I'm curious, and 2) I'm trying to decode their statements.

Most Popular Reply

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Chris Guldi
  • Real Estate Investor
  • California, MD
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Chris Guldi
  • Real Estate Investor
  • California, MD
Replied

 Yes, not sure what %, but it will be something.


 Thats a red flag right there

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