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Updated almost 9 years ago on . Most recent reply
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Real estate attorney necessary?
For our smaller New Jersey transactions ($100k) we are trying to control every element of acquisition cost we can optimize. in this context:
1. Do you work directly with title companies or should you always have a real estate attorney for every deal (even for cookie cutter simple deals).
2. If you use an attorney for every deal, is there an opportunity to negotiate a volume discount or some other discount.
3. We are paying approx 1,500 for Essex county transactions. Is that in the ballpark.
Thanks in advance for all your inputs!
Most Popular Reply
I have purchase lots for demo/new construction here in Maryland without a title attorney. I would say it really comes down to your comfort level with the title company. Do you have a relationship with the tittle company or is this the first time you have used them?