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5 Reasons to Hire a Real Estate Lawyer: An Interview with Ioannis Kaloidis of The Kaloidis Law Firm, LLC

By Ionnis Kaloidis

Please tell us a little bit about your firm and the areas of law your practice.

The Kaloidis Law Firm, LLC opened in April 2009. Initially I operated as a solo practitioner but quickly brought on another attorney to assist. We now focus on personal injury, criminal defense, workers compensation and residential real estate transactions. I handle criminal defense, workers compensation and real estate matters. Attorney Compagnone is in charge of our personal injury section at the firm.

If having a lawyer is not legally required for a residential transaction, what are some of the benefits of hiring one?

A lawyer is required in Connecticut. However, many firms pass off the real estate transactions to a paralegal to do all the work. That is not the case at The Kaloidis Law Firm, LLC. An attorney is involved in every step of the transaction. We believe our clients' best interests are served by having only highly trained attorneys handle their matters.

What are the most common reasons why homeowners or home buyers hire an attorney when they're selling/buying a house in Connecticut?

The most common reason why an attorney is hired in a real estate transaction is to make sure that the client's interest are well represented. Buying or selling a home is a big deal in a person's life. The banks have attorneys representing them so should the client. There are a large number of documents that must be completed relative to a loan that the bank require a buyer signs; an experienced attorney can help the buyer decipher all the documents and the red tape. Additionally, every transaction involves a contract. An attorney can make sure that the contract is fair and that the individual's rights are protected.

When should a prospective home buyer consult and hire a real estate lawyer?

Research. Look to see what other people are saying about the attorney. Is the attorney reliable and trustworthy? Talk to your agent and see if the particular attorney is accessible and knowledgeable. Additionally, meet the attorney face to face and see if they are genuinely interested in your case or if they are simply going to pass the file to a paralegal or secretary to do all the work.

How can people find a reliable and competent residential real estate attorney?

Look online and see what people are saying. Consult with your real estate agent, mortgage broker, or insurance agent. These individuals all work with real estate attorney regularly. They will know who is attentive to clients' needs and who is simply cashing a check.

Do you have any advice for home buyers about working effectively with their real estate attorney?

Communicate. Stay in touch and discuss the matter with the attorney. If you have any questions, make sure you ask your attorney early on in the process. Do not wait until the closing. I try to make myself available to my clients 24/7 via email and as much as possible via telephone or in-person meetings.

Is there anything I didn't ask that you'd like to share with prospective homeowners about real estate closings?

Don't settle for any old attorney simply because they've been doing closings for decades. Find an attorney who is responsive and up on the latest news, laws and technology, which will make your home buying or selling experience a lot easier.

What's the best way for people to contact your firm?

Call 203.597.0010 or email at info@kaloidislaw.com. Clients can also visit our website

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