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Old 05-09-2013, 06:31 AM
 
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Does anyone have any suggestions on closing on a home in a 55+ Community and using their lawyer vs. getting your own ? Not sure what to do. Thank you !
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Old 05-09-2013, 07:48 AM
 
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Originally Posted by Moheganpeach View Post
Does anyone have any suggestions on closing on a home in a 55+ Community and using their lawyer vs. getting your own ? Not sure what to do. Thank you !
Personally speaking.....get your own. There are plenty of good real estate attorneys around to represent you, and you alone.
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Old 05-09-2013, 07:52 AM
 
Location: Greenville, Delaware
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Slight tangent: has there ever been any movement in DE to have closings done by the title company agent rather than a lawyer? My guess is "no", since the real estate lawyer niche is no doubt very institutionalised here, but to me it seems to add a further bit of complication to the whole process.
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Old 05-09-2013, 01:25 PM
 
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Originally Posted by doctorjef View Post
Slight tangent: has there ever been any movement in DE to have closings done by the title company agent rather than a lawyer? My guess is "no", since the real estate lawyer niche is no doubt very institutionalised here, but to me it seems to add a further bit of complication to the whole process.
True, no title companies. Never having experienced anything but attorneys for closings, I don't know the benefit of a title company. My career as a real estate agent in past years found attorneys to be a great asset, sitting at the settlement table. Questions were asked, and attorneys were more than forth coming in answering questions. Never found settlements to be complicated.....mostly stream-lined and thorough. Sometimes, both attorneys were at settlement - the buyer's and seller's. The trend in new construction these days is to agree to use the builder's attorney, and many buyers do that - for what reason, I don't know.
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Old 05-10-2013, 07:03 AM
 
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Always get your own. Always. It has nothing to do with how competent they are, just that legally your lawyer only represents your interests.
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Old 05-10-2013, 07:34 AM
 
7,326 posts, read 10,756,524 times
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Originally Posted by jtees4 View Post
Always get your own. Always. It has nothing to do with how competent they are, just that legally your lawyer only represents your interests.
A red flag would go up for me, if the builder pushed their own attorney. Some actually quote discount prices if you agree to use their attorney.
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