Attorneys

How much does attorneys charge during a home buying process ?

I am a first time home buyer and have some quick questions:

Home price around $220K

1) How much do attorneys charge me as a buyer in the home buying process, if I plan to have one ?

2) If I have been into multiple contracts (2 ) and then close on the second one ? does he charge me as one property only ? isn’t it not on 2 properties where I had the contract and finally closed on ONE. ?
I am talking about REAL ESTATE Attorney

What would you need a real estate attorney in the purchase of your house? Most people purchasing a house do not use an attorney for any reason.

Now there are some states in which an attorney is used as closing agents, we call them escrow officers in California as in California real estate attorneys play no role in the purchase of a home for any reason.

If your state require attorneys to be the closing agents then this fee for their services will be listed in the closing documents or estimated HUD-1 statement.

Why would you enter into two contracts to purchase a home, most people look around for a house with a real estate agent after being pre-approved for a loan.

Once they look around with the real estate agent and find a home they think they would like they would make an offer on this one property.

There are many things you should do, but the first thing you should do is contact a mortgage broker that does FHA mortgage loans and get pre-approved. This is the first step. Once you have your pre-approval then contact a real estate agent to look at house based on what you are qualified to buy.

This pre-approval will tell you the amount of house you are qualified to purchase as well as the interest rate, monthly mortgage payments and other necessary things you need to know about your mortgage.

If you are hiring an attorney to look over any documents on your own then you will have to find out the fees they charge when you make contact with this attorney and outline what you want them to do.

I hope this has been of some use to you, good luck.

“FIGHT ON”