Hey girlies - we are buying a great condo in Brooklyn.
I spoke with a lawyer recommended to me by friends of mine who used him to close on their co-op. He charges a flat rate of $1600 from start (examination of prospectus and contract) all the way to finish (closing). He really explained things well to me and sounded like a super-nice guy who knew his stuff.
What do you all think? Is that a good price?
DjPiLL
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Re: RE lawyer price?
Way too much IMO. And I am a Queens Guy.
I wouldn't pay more than $1000 buks for the lawyer... plus any additional fees (like a title search).
littlecat
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Re: RE lawyer price?
That sounds like a lot to me. I think we paid about $800. My husband and his family have used him for several things. He is very good!!! It is important to use a good lawyer. The person who was selling us the house used a lawyer that was recommended by the realtor and he was awful. He held up the closing a lot.
You can FM me if you want his name and number. His office is in Syosset.
Kate
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We paid $900 3 years ago, my parents will be paying around $1100 this year.
IrishBride-05
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I paid $750 two years ago when I purchased my co-op. He is a very well establised attorney on LI and gave me loads of advice. I believe there is no title search with a co-op, but if your place is a condo, then there is. Although, it should not impact the attorney's fees that greatly.
MissMelissa
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my boss charges between 850-1000 depending on how much work is involved
DjPiLL
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Posted by IrishBride-05
I paid $750 two years ago when I purchased my co-op. He is a very well establised attorney on LI and gave me loads of advice. I believe there is no title search with a co-op, but if your place is a condo, then there is. Although, it should not impact the attorney's fees that greatly.
There is still a title search for co-ops. And getting a lawyer referral from your realtor or broker is probably the WORST place to get one from.
