|Real Estate Glossary|
Real Estate Attrorney|
Many homeowners hire a real estate attorney to represent them during the loan application process. If you do so, your attorney will review the sales contract and represent you at closing.
There are many questions you can ask a personal attorney before deciding whether to have the attorney represent you at closing. They can include:
-- What is the attorney's fee for representing you at closing?
-- What is the attorney's experience with real estate transactions?
-- Are there fees for reading documents relating to the closing?
-- Are there fees for giving advice?
Remember that your personal attorney's fee is not part of your closing costs. You must pay for this expense separately.
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