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Building a Home

Real Estate Lawyer

7 years ago

I'm building in a new community and want to make sure all is fair. The community has six months out and then my house is six months after. I'll be in a contract that whole time.

I thought about having a lawyer review documents just to ensure all is right but don't know what to ask of lawyers. What do I need to ask them to do and any idea of what that might cost?

Featured Answer

cpartist

7 years ago

You need to find a lawyer is specializes in real estate law and new builds. You can start by calling your local bar association, or asking realtors you trust. As for cost, it's hard to say.

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Comments (6)

TravelerOK
Original Author
7 years ago
Yeah, finding is easy. Just not sure what to tell them I need them to do. Lol
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PRO
Virgil Carter Fine Art
7 years ago
Well what are you concerned about? That's a good place to start.
weedyacres
7 years ago
It's a reasonable request of a lawyer to say "I'm about to do X. I've never done it before, so I don't know the potential pitfalls. Here's the contract they want me to sign. Please review it, recommend any changes, and let me know what I need to do to protect my interests."

Lawyers are (should be) experts at keeping you out of trouble by anticipating everything that could go wrong and addressing it in a contract.
just_janni
7 years ago
I'd like to think you could find someone to do that for $300 - $400 assuming the build contract isn't 40 pages.

In the middle of a build (-ish) - you are REALLY SMART to do this. Contracts are NEVER written to protect you since the developer is drafting them. Give them the instructions that weedyacres said above and then consider sending back some redlines.

While this is rather emotional for you - it's also a huge investment and likely the single largest business transaction you will ever make (although my husband says that's our marriage, but I digress). AND - it's TOTALLY a business transaction for the builder. Coming at it from a more legal / protective standpoint can only give you peace of mind and might even save you thousands in the future.

GREAT IDEA - DO IT. It's MUCH easier to "negotiate" any of those terms now...
worthy
7 years ago
OT: although my husband says that's our marriage

A constant refrain from our local money matters commentator, Lous Schizas, is that whom you marry is the biggest financial decision you will ever make.

Read 'em and cheer gals!

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