PDA

View Full Version : affordable real estate lawyer



thetransporter
05-24-2012, 04:27 PM
does anyone know an affordable real estate lawyer in calgary to close new home deals for first time buyers?

Tik-Tok
05-24-2012, 04:40 PM
Some people have had bad luck with Rick Leehan (he isn't very professional, he likes to meet people in this dingy ass bar near his condo, lol), but "Your Lawyer" has the cheapest closing costs in town. My wife used to work for him, and part of her job was phoning other lawyers to see what they charged, and Rick always made sure he was lower.

JRSC00LUDE
05-24-2012, 04:51 PM
What does it even cost to close on a house? I have no idea, I've always been fortunate enough to be in a position to be owed a favour when dealing with my Lawyer over real estate matters, wills, etc. lol

He's totally a shady guy that meets a lot of his clients in bars, that's why we get along so good! :rofl:

Weapon_R
05-24-2012, 04:52 PM
I think Rick is the cheapest in town, but there are a couple in the Westwinds area that are also quite cheap.

I think Badyal legal and Surinder S. of Randhawa Professional Corp. are fairly cheap as well.

masoncgy
05-24-2012, 05:03 PM
Richard L Cragg
235-495 36 St NE
(403) 273-7686

I have dealt with him a number of times over the last several years. Good guy, knows his stuff, prompt & efficient and he's priced well.

78si
05-24-2012, 05:03 PM
I've used John Condin, but I'm not sure if he's cheap.

brucebanner
05-24-2012, 05:51 PM
Don't know what's considered. Cheap, but I'm curious what rates you guys have paid. My recommendation would be no good, as I'm in Red Deer. I just remember thinking the cost was a little much for the service.($1000+)

03ozwhip
05-24-2012, 07:49 PM
a real estate lawyer shouldnt cost more than $500, ive used a few and theyve both been less and very professional. no names off the top of my head, but ill find out and throw you a PM.

a social dsease
05-24-2012, 08:50 PM
Just bought a house, my fees were about $1200 including all the title fees and taxes etc

slammedfc
05-25-2012, 08:44 AM
Originally posted by a social dsease
Just bought a house, my fees were about $1200 including all the title fees and taxes etc

same i used brian lester, it was about 1200$ but worth it. he knows his shit

codetrap
05-25-2012, 09:20 AM
I talked to my wife, and she recommended Stephanie Wong @ 403-543-8584. She's at Sinclair & Fair. You can call and ask for a quote.

My wife is a Real Estate Paralegal who does the actual work, so take it for what it's worth. :)

nzwasp
05-25-2012, 10:07 AM
I just came here to ask what closing costs would be on buying a home for 600k I was expecting around $1500 all in so this is good to know it might come in cheaper than that.

Does anyone know if you have to pay on the day you get possession or if the lawyer sends you a bill afterwards?

Weapon_R
05-25-2012, 10:48 AM
Since land titles charges registration fees based on the purchase price of the home, it is difficult to predict how much your total bill will be. The only thing that remains static is the lawyer's fee, which ranges depending on the lawyer.

Lawyers get paid before anything gets transferred. TWhen selling, they take it out of the sale proceeds. If you buy, you must include their fee in the "cash-to-close" amount that is due before possession date. The cash-to-close is the difference between purchase price of the home, less any deposits you already paid and mortgage money you borrow.

skandalouz_08
05-27-2012, 09:15 PM
KH Law has decent prices. Call them for a quote.

Cos
05-27-2012, 09:19 PM
.

tpurcell4
05-29-2012, 09:13 AM
We like Ranchlands law. Fair rates (not the lowest but among the lowest) and he comes to you. PM if you want more information. But average lawyer fees are between $950 -$1100 plus GST, disbursements, land titles, etc.

There may be some cheaper out there than the $950, but most of the time you get what you pay for. If you are between $1,300 - $1,500 all in, you are in a good range for the average home.

project240
05-29-2012, 09:32 AM
Same fees for selling a house?

We just sold our house and now need a lawyer...

yellowsnow
05-29-2012, 12:18 PM
I used "Your Lawyer", his name is Abdi Abdi. cheapest rates I could find, and everything went smoothly.

cherpintow
05-29-2012, 12:31 PM
Originally posted by slammedfc


same i used brian lester, it was about 1200$ but worth it. he knows his shit

What's the difference between using an expensive lawyer who 'knows his shit' and a cheaper lawyer? It's an honest question. What is the value added by going with someone more 'professional'?

variable_x
06-22-2012, 11:46 AM
Originally posted by cherpintow


What's the difference between using an expensive lawyer who 'knows his shit' and a cheaper lawyer? It's an honest question. What is the value added by going with someone more 'professional'?

For an expensive lawyer, you pay more for his shit.

Weapon_R
06-22-2012, 01:28 PM
Originally posted by cherpintow


What's the difference between using an expensive lawyer who 'knows his shit' and a cheaper lawyer? It's an honest question. What is the value added by going with someone more 'professional'?

Many real estate lawyers run their practice like a puppy mill. They don't spend any time on your file, deferring to a secretary to prepare the paperwork for signature.

A good lawyer will review every instrument registered against title and spend time looking over your documents with you. There are so many issues that could go wrong in a real estate deal that lawyers are SUPPOSED to catch, but rarely do unless it's blatant.

The truth is, to review a real estate transaction properly would take 3-4 hours on average. At $500-1000 for fees, very few lawyers actually waste time doing this but there are some excellent ones that do. The only issue is, you have to pay.

The result is that you may get hit with a negligence claim from time to time, but many chalk it up to the cost of doing business.

LOLzilla
08-15-2012, 02:25 PM
Bump time. I'm on the hunt. Any new developments for references?

403ep3
06-25-2013, 11:53 AM
Bump, looking for a lawyer to close a house in the 350s. Any recommendations? I've called around and got 1150-1500. Cheaper?

fajita123
07-01-2013, 10:55 AM
Third vote for Richard Cragg. Just used him this spring and everything went very smoothly. Ended up costing ~$1100 all in (title insurance, misc disbursements, and GST included)

Weapon_R
07-01-2013, 12:12 PM
Originally posted by 403ep3
Bump, looking for a lawyer to close a house in the 350s. Any recommendations? I've called around and got 1150-1500. Cheaper?

You're looking at about $300 in disbursements and taxes on this transaction. You should be able to get it for about $1050-1100 or so. Probably more if you need title insurance.

Call Rick Lehan @ Your Lawyer if you want the absolute lowest price.