Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago on . Most recent reply

User Stats

150
Posts
23
Votes
Shefali R.
  • Investor
  • Montclair, NJ
23
Votes |
150
Posts

Real estate attorney necessary?

Shefali R.
  • Investor
  • Montclair, NJ
Posted

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

User Stats

109
Posts
52
Votes
Kelly R.
  • Highland, MD
52
Votes |
109
Posts
Kelly R.
  • Highland, MD
Replied

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?  

Loading replies...