I am a first-time home buyer who, with the help of a real estate agent, has located a condo that I’d like to purchase. What are the pros and cons of hiring a real estate attorney for this? Are they really necessary? What questions should I ask of one? More generally, what role does a real estate attorney play in the process of buying a home? The Automatic Millionaire Homeowner : A Powerful Plan to Finish Rich in Real Estate

Hiring a good real estate attorney is like buying an insurance policy. You probably won’t need one, but if you do, you’ll sure be glad you took the precaution. That said, most residential real estate transactions today are done without an attorney, as real estate contracts and forms become increasingly standardized. But there is one overriding reason to bring a barrister aboard: He or she can help prevent you from making costly mistakes that can haunt you for years.

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