Real Estate Attorney in Philadelphia?

[K.D Neider]

Hello, Im trying to locate a real estate attorney that can look over my purchase agreement and assignment contract to make sure they're sound. FYI - I downloaded them from the file place here.

P.S

If you could recommend a wholesaler friendly title company that would be great also

Thanks

[Stephen Chatto]

K.D, 

You need to talk to a few People.

#1) Ron Isgate - Lawyer.   He will Help you get flat.  his number is 215-396-1020.  You can find him at http://www.isgatelaw.com/attorneys/ronald-c-isgate/

#2) Bill Burke - Title Officer.  He will help you make sure you are doing it right. 267-885-7405.    

In Pennsylvania Assignments are EXPENSIVE.   Pa tax code requires 2 transfer taxes to be paid on an assignment...   So if in Philadelphia the transfer tax is 4%...  Check this out.

100k Purchase Price

10k Assignment.

Transfer tax is 4k (4% of 100k) plus 4.4k (4% of 110k).  

Some title companies will let you get away with not paying the second transfer tax at closing...  but when you get caught the money will be owed.   

Bill and Ron can explain to you how to do a Novation and get around this stupidity.  

Good Luck.