Posted by Shoshana Roller on 2/22/09 3:40pm
Msg #278428

If a NYS resident buys Texas investment property and signs

the docs in NYS, does he need an attorney?

Thanks,
Shoshana

Reply by GA/Atty on 2/22/09 3:57pm
Msg #278429

I think anyone who buys real estate should have an attorney

unless it's really, really cheap property.

Reply by Gary_CA on 2/22/09 8:09pm
Msg #278451

even if n/m

Reply by Gary_CA on 2/22/09 8:11pm
Msg #278452

that is... even if the property is really cheap...

it wouln't be cheap by the time the attorney gets done. Get a good Realtor.

Dang it's hard to pick on lawyers when you've got butterfingers...

Reply by Linda_H/FL on 2/22/09 6:19pm
Msg #278443

This sounds like that math problem I always hated!!

Answer: it'll take drive #1 3 hours and driver #2 4.25 hours and they'll meet in the middle at 2:00 pm...

Reply by Les_CO on 2/22/09 8:23pm
Msg #278454

Is Texas an Attorney State? (no) Is NY? (no) Is he paying cash? Is he getting a HELOC with money out?What do you think? Does he get the minerals? Should he check with the Railroad Commission? Is the investor a Democrat? If he gets a lawyer does that lawyer need to be admitted to the Texas Bar?.... The NY Bar? Does the guy drink? Sorry this question is far beyond my expertise.

Reply by Shoshana Roller on 2/23/09 7:40am
Msg #278463

Thanks to the PMs I received, the answer is no.