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Old 07-14-2014, 05:50 AM
 
Location: NC
6,032 posts, read 9,210,341 times
Reputation: 6378

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I need recommendations for a real estate attorney in Charlotte to handle a closing on a property.

Also does anyone know what this type of service may cost?

Considering purchasing a home from an owner with no agent.



Thanks -
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Old 07-15-2014, 10:57 AM
 
48 posts, read 75,370 times
Reputation: 39
Please use an agent!!! Its better that you are protected than not be. Speaking from a family member's experience who is in the process of closing a house which is a for sale by owner & it has been a nightmare!
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Old 07-15-2014, 01:24 PM
 
958 posts, read 1,724,534 times
Reputation: 451
You should use an agent. But, anyway.

Doyle & Wallace : Real Estate Closing Attorneys for NC and SC
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Old 07-16-2014, 06:18 AM
 
Location: NC
6,032 posts, read 9,210,341 times
Reputation: 6378
I respect the need to agent's but this is an arms length transaction between family members.
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Old 07-16-2014, 07:04 AM
 
821 posts, read 1,854,700 times
Reputation: 622
Quote:
Originally Posted by Suncc49 View Post
I respect the need to agent's but this is an arms length transaction between family members.
Understand the attorney should only represent you and not the family members. They need to get their own attorney to be on the safe side. An attorney can, but should not, represent both sides - and where it's family matters, both sides need their own counsel.
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Old 07-16-2014, 09:32 AM
 
52,431 posts, read 26,618,587 times
Reputation: 21097
Quote:
Originally Posted by nlv1981 View Post
Please use an agent!!! Its better that you are protected than not be. Speaking from a family member's experience who is in the process of closing a house which is a for sale by owner & it has been a nightmare!
If you have worked out a deal with a seller, then I see nothing that an agent can provide except to increase the costs by 6%. It's a win win for the seller & buyer.
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Old 08-12-2014, 10:09 PM
 
6 posts, read 11,979 times
Reputation: 10
Everyone says use an agent, but they are probably agents. I have done nine real estate transactions. Three with agents. Three of those were disasters. Two, I got reamed. One was fine but it wouldn't have been necessary--and there was one hiccup I think she could and should have avoided for me. I'm in the camp of -- if you are somewhat savvy and definitely know the property and owners and can do your own due diligence, save 6% and just have an attorney get title insurance and do the paperwork.

Make sure there is no mold problem, no faulty wiring, no lead pipe, no lead paint, no structural issue, get a home warranty, get title insurance, and have your attorney do all the correct paperwork. You need a current, signed Offer to Purchase and Contract. There is only one correct form approved for the state of NC by the NC Board of Realtors, updated this past year.

Richard McIntyre in the University area is honest, ethical, thorough, and does nothing but RE closings for about 100 years. He's a nice guy, too. Call him. I think the cost is about $450/$475 for a typical closing.
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Old 08-12-2014, 10:45 PM
 
467 posts, read 1,496,455 times
Reputation: 333
The national association of realtors and the NC realtor board would love for you to think that you NEED an agent and that you're at risk without one. They work very hard to justify their existence and maintain control in a world that doesn't really need them anymore. The education (2 weeks) they provide the agents/brokers is rather insignificant. A quality agent/broker can add value, but the vast majority know nothing but how to fill in a standard NC realtor contract.

I have also heard that richard mcintyre is good, although I haven't used him for a closing.
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Old 08-16-2014, 12:52 PM
 
1 posts, read 1,501 times
Reputation: 10
Hands Down

Dale Fussell - 4600 Park Rd CLT 704-365-6515
Escrow, HUD Prep, Title Search / Insurance, Final Closing
No Agent is needed in NC.
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