Do I Need a Real Estate Attorney in NJ?

real estate attorney in NJ

Finding a new home is an intimidating adventure, but before you know it, you could be making an offer. What follows could be satisfying relief, or complete disaster. The answer: yes, you do need a real estate attorney in New Jersey, to ensure that your home purchase goes off without a hitch.

What does a real estate attorney actually do?

Most people have heard of, and potentially even worked with, a real estate agent, but a real estate agent’s job is different than an attorney’s duties. Our first suggestion is to begin your search for a NJ real estate attorney as soon as you start house hunting. The process of purchasing and selling a home includes intricate legal contracts and all paperwork involved in the transaction is extensive. An attorney will review the contracts, provide representation and closing services, and will be able to offer a third-party opinion on the process.

Barbara Casey, a past Chair of the New Jersey State Bar Association, shares that “Real estate transactions are emotional transactions.” She said, “The decisions you make can often be clouded by emotions.” Because of this, it is helpful to have outside opinions on one of the most important decisions you will make during your lifetime.

In Monmouth County, New Jersey, hiring a real estate attorney is not mandatory for a closing. Even so, it has now become normal practice in the area. Most people now recognize the critical importance of legal counsel on the matter of a home purchase or sale. There are certain services that you should expect from any experienced NJ real estate attorney.

Some of the services will naturally vary slightly, depending on the attorney, but all good attorneys will collaborate extensively with the mortgage company and seller. A real estate attorney will help their client to understand the process, serve as an advocate, and assist in making significant decisions. In addition, they will closely read the contract to make sure it’s all in your best interest as well as attend the closing with you. Generally, they will educate you about things you didn’t know you might need and explain the paperwork/contracts. One final key attribute of a superb attorney is that they will offer you options, but will still allow you to make the crucial decisions. In the end, your attorney should be there to advise while ultimately leaving the final decisions up to you.

At Veitengruber Law, we provide top-notch and comprehensive real estate transaction services. A quick overview includes:

  • Negotiating sales or lease agreements
  • Reviewing and drafting real estate contracts and title opinions
  • Directing due diligence in title search cases
  • Handling various kinds of deeds

Now that you know what we as real estate attorneys do, here are a few tips on how to find a reliable attorney to handle your upcoming real estate transaction.

Research how long they have been in practice as well as how much and what kind of experience they have had. This could include the number of closings that they complete per month. Make sure to find out if they have any complaints against them and the exact list of services that they provide. Finally, ask if they can give the name of a client that will give them a reference. If you have a special case, search for an attorney that has experience handling your specific type of case.

At Veitengruber Law, we have attorneys that want to help you and provide all the services that you will need during your NJ real estate process. Our professionals have incomparable financial acumen and experience. We strive to help our clients in the best way possible, all while remaining professional and efficient. Visit our website and give us a call or send an email to find out more about how we can meet your needs.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: