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Residential Real Estate Transactions

Residential Real Estate Transactions

ABOUT RESIDENTIAL REAL ESTATE TRANSACTIONS 

For most of us, buying or selling our homes is often one of the most monetarily significant transactions we will manage during our lifetimes. The contracts which control these transactions and outcomes are therefore some of the most important documents we legally bind ourselves to. An attorney’s expertise is an invaluable asset when engaging in a real estate transaction.  Our attorneys will guide you in fully understanding the terms of your contract as well as assisting you in reaching your desired outcome from the transaction. 

Our attorneys recommend full representation throughout the entire real estate transaction. Full representation guides you through the end-to-end buying or selling process, and often entails contract review, due diligence services, title review, and any contract amendments or title endorsements. Full representation provides maximum protection for clients and is recommended for the majority of real estate transactions. To proceed with full representation in a real estate transaction, follow the steps outlined in the Get Started Now section below. For additional information on our online consultation process and hourly rates, please visit our Online Consultations Page. 

However, our attorneys offer limited representation under a flat-fee structure for review of standardized contracts promulgated by the Texas Real Estate Commission (TREC). Limited representation includes only a contract review with attorney comments through email correspondence. There is no additional correspondence between the client and our attorneys. Flat fees for these services can be found in the table below. To proceed with a contract review with comments under the flat-fee structure, use the subject line “Flat Fee: TREC Contract Review with Comments” while following the steps outlined in the Get Started Now section below. 

In addition, our attorneys offer limited representation under a flat-fee structure for drafting of Special Addendums to standardized contracts promulgated by the Texas Real Estate Commission (TREC). To proceed with drafting a Special Addendum to a TREC contract under the flat-fee structure, use the subject line “Flat Fee: TREC Contract Special Addendum” while following the steps outlined in the Get Started Now section below. To qualify for the flat-fee structure, you must provide the desired contents of the requested Special Addendum in your initial email to info@forbesbarrentinelaw.com.

 

Flat Fees for Residential Real Estate Contracts 

TREC Contracts Review with Comments

Sales Price Less than $1M

$350 

Sales Price $1M or more

$500 

TREC Special Provision Addendums

Sales Price Less than $1M

$350 

Sales Price $1M or more

$500 

Getting Started with Real Estate Contract Review or Representation 

  1. Email info@fobesbarrentinelaw.com with a thorough, but precise summary of your contract and services being requested. Please list any pertinent facts affecting your transaction and any questions you may have. Attach all relevant documents to this initial email. The contents of your initial email will remain confidential.
  2. Within 1-2  days (often faster), you will receive a response to your email with a quote, payment link, and engagement letter for the initial consultation (full representation), TREC Contract Review with Comments (flat-fee structure), or TREC Special Provision Addendums (flat-fee structure)
  3. In no circumstance will you be charged more than your initial consultation quote (full representation) or the quoted flat-fee (flat-fee structure), unless you give written authorization to proceed with the representation. After the initial consultation, you may agree to proceed on an hourly basis, on a flat fee if available, or you may decide to end the representation. 

 

Please note, the information on this webpage should not be considered legal advice and is strictly for informational purposes. Any interaction with this webpage or initial correspondence with our attorneys does not qualify as providing legal advice or retaining legal representation. Legal advice is available only to clients who have an executed Engagement Agreement with Forbes Barrentine Law PLLC. Forbes Barrentine Law PLLC does not provide legal advice relating to federal or state income taxes. 

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