How We Save You Money
It is a fair question: Why should you hire a real estate attorney when your realtor is supposed to represent your interests? The fact is, realtors are highly qualified to sell real estate. They don’t get paid until the contracts are signed and the closing has been completed. Both realtors share in a percentage of the financial transaction. In other words, realtors work hard to protect the transaction, which may not always mean protecting their clients’ interests.
Hiring a real estate lawyer at Cohen & Cohen Law Group, P.C. puts representation squarely on YOUR side of the deal. Here is a short list of how we can help save you money, whether buying or selling real estate:
We won’t charge you to investigate whether there is an outstanding lien against the property. Realtors, mortgage bankers and title companies often treat lien searches as a profit center, charging hundreds of dollars to research the title.
We will review your realtor agreement and closing documents at no charge, to show you the “junk” fees that can often be eliminated or greatly reduced by handling things yourself or turning the matter over to a qualified attorney.
We will review zoning, land use and covenants affecting your property. If you are buying an investment commercial property, you need to know whether an old covenant will prevent you from fulfilling your business objectives. Our attorneys will review any restrictive covenants on the property, going back 100 years, NOT just 40 years that are typical in the industry.
We will review your mortgage to help you determine whether you can strike a better deal with your lender.
We will help you avoid paying unnecessary mortgage taxes when transferring the title.
We will help you develop a solid shareholder plan or investor agreement if you are purchasing a commercial property with other investors.
We will handle all aspects of the due diligence that is so important in a real estate transaction — things the seller or the realtors don’t want you to know. That means learning about:
- Rent controls that may be in place
- Investigating environmental regulations that affect the property
- Looking into the legality of lease agreements with current and prospective tenants
- Pending litigation involving the current owner
There are many legal matters that your real estate agent may not handle or want you to know about. Before you sign with a realtor, you owe it to yourself to talk to us.
If you are interested in saving money in real estate transactions in New York City, call us. From our offices in Forest Hills, our firm represents buyers, sellers, developers, property managers and real estate professionals in communities throughout the New York City metropolitan area. We often work with statewide and out-of-state clients who have real estate interests in the New York City metropolitan area.
Find Out More. Call Us Today.
We provide a free, no-obligation case evaluation. You will find our retainer and fees reasonable, based on responsible and clear billing policies. From wherever you are in New York or across the nation, call 718-275-7779 or use our email contact form to send a brief description of your legal needs. Our office will contact you to arrange a consultation with one of our real estate attorneys as soon as possible.