How much does a lawyer charge for real estate? Does the seller need a real estate attorney? Who pays the attorney fees on an estate? However, some real estate attorneys may have a fee schedule for certain services, such as preparing real estate closing documents.
For example, real estate attorney John I. O’Brien in Wakefiel Mass.
Also, he offers a package service for buyers who hire him for the purchase and sale as well as the closing. Real estate lawyer fees usually wind up being around $ 500. But like with anything else, you get what you pay for here. If you decide hiring a real estate attorney is the right thing to do, whether your transaction is complex or you simply want the peace of min don’t go bargain hunting.
Some attorneys charge hourly, ranging from $ 1to $3per hour. Home Sale Calculator: Free Home Proceeds Estimate. Flat fees are normally paid on a schedule.
This sort of fee arrangement is most common in small- to medium-size estates.
This is because not only the probate court but also the IRS must approve the fees an estate attorney charges if an estate tax return is filed. Contingency fee : This type of fee is rare in the world of trusts and estates. (more…)