Go Back  British Expats > Living & Moving Abroad > USA
Reload this Page >

Buying a house - have to use an attorney?

Buying a house - have to use an attorney?

Thread Tools
 
Old Feb 2nd 2005, 9:18 pm
  #1  
BE Enthusiast
Thread Starter
 
Joined: Jul 2003
Location: New York City
Posts: 611
Peter Newton has a reputation beyond reputePeter Newton has a reputation beyond reputePeter Newton has a reputation beyond reputePeter Newton has a reputation beyond reputePeter Newton has a reputation beyond reputePeter Newton has a reputation beyond reputePeter Newton has a reputation beyond reputePeter Newton has a reputation beyond reputePeter Newton has a reputation beyond reputePeter Newton has a reputation beyond reputePeter Newton has a reputation beyond repute
Default Buying a house - have to use an attorney?

Hi:

We're thinking of buying a house in Queens, New York. I heard that in NY you have to use an attorney to buy a house. I was just wondering if this is true and what the approximate cost is.

Any experiences welcome!
Cheers
Peter
Peter Newton is offline  
Old Feb 2nd 2005, 9:21 pm
  #2  
Gurning up a storm!
 
Suffolk Bumpkin's Avatar
 
Joined: Jan 2005
Location: Just moved back to NH from UK after the wife and I tried living in UK
Posts: 80
Suffolk Bumpkin has a spectacular aura aboutSuffolk Bumpkin has a spectacular aura aboutSuffolk Bumpkin has a spectacular aura about
Default Re: Buying a house - have to use an attorney?

Sorry, cant help you - havent got a clue...nope...nada..zip.....ummm........yep, I'm bored too....
Suffolk Bumpkin is offline  
Old Feb 2nd 2005, 9:54 pm
  #3  
Just Joined
 
Joined: Jan 2005
Location: Chicago
Posts: 6
AlastairUS is an unknown quantity at this point
Default Re: Buying a house - have to use an attorney?

I don't know for certain, but it's unlikely that you need to use a lawyer in NY, I know that you don't for IL (Chicago).
Most lawyers will charge a flat rate for a "house closing" of around $400-500, as compared to a typical hourly rate of $200-500. In my opinion, not using a lawyer is a very bad idea, the possible costs of something going wrong can easily be in the range of thousands of dollars.
My wife used to practice law and did a lot of real estate stuff, things can and do go wrong all the time. Its a good idea to use a lawyer who does a lot of real estate work, your realtor most likely has a few that they have worked with in the past.
Good luck.

Originally Posted by Peter Newton
Hi:

We're thinking of buying a house in Queens, New York. I heard that in NY you have to use an attorney to buy a house. I was just wondering if this is true and what the approximate cost is.

Any experiences welcome!
Cheers
Peter
AlastairUS is offline  
Old Feb 2nd 2005, 10:17 pm
  #4  
Yes, Master...
 
Tami2's Avatar
 
Joined: Nov 2004
Location: U.S./Dubai
Posts: 1,159
Tami2 is a jewel in the roughTami2 is a jewel in the roughTami2 is a jewel in the roughTami2 is a jewel in the rough
Default Re: Buying a house - have to use an attorney?

Originally Posted by AlastairUS
I don't know for certain, but it's unlikely that you need to use a lawyer in NY, I know that you don't for IL (Chicago).
Most lawyers will charge a flat rate for a "house closing" of around $400-500, as compared to a typical hourly rate of $200-500. In my opinion, not using a lawyer is a very bad idea, the possible costs of something going wrong can easily be in the range of thousands of dollars.
My wife used to practice law and did a lot of real estate stuff, things can and do go wrong all the time. Its a good idea to use a lawyer who does a lot of real estate work, your realtor most likely has a few that they have worked with in the past.
Good luck.
I don't know if New York specifically has other rules/laws, but in Texas, Indiana, Illinois and Pennsylvania, it isn't necessary. That said, you should use a reputable closing company and they will, of course, have their own lawyers on staff.
Tami2 is offline  
Old Feb 2nd 2005, 10:42 pm
  #5  
Ben
BE Enthusiast
 
Joined: Oct 2002
Location: Connecticut
Posts: 920
Ben has a reputation beyond reputeBen has a reputation beyond reputeBen has a reputation beyond reputeBen has a reputation beyond reputeBen has a reputation beyond reputeBen has a reputation beyond reputeBen has a reputation beyond reputeBen has a reputation beyond reputeBen has a reputation beyond reputeBen has a reputation beyond reputeBen has a reputation beyond repute
Default Re: Buying a house - have to use an attorney?

Yes you do. In NY state it is the law that a lawyer has to be part of the process for buying a house. the price depends on the cost of the house normally. We are on Long Island (Suffolk County) and I still have the name of the broker who we used if it is of any help. You could also ask a realtor. They should know and be able to give you an idea of cost.

If you want to know how much ours cost then you can PM me and I'll let you know. We bought our home over 4 years ago.
Ben is offline  
Old Feb 3rd 2005, 3:34 am
  #6  
BE Enthusiast
 
Joined: Jun 2004
Location: New York
Posts: 475
britchicknyc has much to be proud ofbritchicknyc has much to be proud ofbritchicknyc has much to be proud ofbritchicknyc has much to be proud ofbritchicknyc has much to be proud ofbritchicknyc has much to be proud ofbritchicknyc has much to be proud ofbritchicknyc has much to be proud ofbritchicknyc has much to be proud ofbritchicknyc has much to be proud ofbritchicknyc has much to be proud of
Default Re: Buying a house - have to use an attorney?

I very much doubt in NY you can get away with $400 - don't expect any change out of $1000. Closing costs are high in NYS.
britchicknyc is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.