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Updated about 17 years ago on . Most recent reply

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Mike Lee
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Meeting with RE attorney

Mike Lee
Posted

I met with a RE attorney who works at a title agency and she strongly recommended not to use the Purchase agreements contracts that I got from a wholesale kit. This attorney didn't even look over the contracts I had. This attorney recommends using her to draw up the contracts, which she says are the same ones the BAR uses/recommends. I'm not sure if I should look for another attorney or what.

This attorney charges $250 to draw up the contract, and let's me know at the time I pick up the contract if there is anything wrong with the title. When I tried to explain the whole "wholesaling thing/assigning contracts" it was like a rain on my parade. This lawyer said I'm acting like a broker and could cause for problems when the seller doesn't know about this and they see the assignment fee. She recommends full disclosure.

Anyone experience anything similiar? Should I keep searching for another lawyer?

Any help is greatly appreciated.

Thanks in advance,

Mike

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