Can A Florida Real Estate Lawyer Help Me With Buying A Home?
A home is one of the largest investments that most people make in their lifetime. Putting hundreds of thousands or even millions of dollars into a property is a big decision, and it’s important to ensure that your investment is sound and that your interests are protected. The best way to do that is by having a Florida real estate attorney to help you through the process and ensure that nothing falls through the cracks. While you are not required to have an attorney during the home-buying process, it can often be an invaluable asset, and can act as an insurance policy on your investment. There are many steps involved in the purchase of a home, and by having an estate attorney on your side you can be sure to maximize each step for your own benefit.
One of the main parts of the home-buying process is the contract negotiation. Both parties must sign a sale contract. Often, this contract is a standard-issue one. However, under Florida law, only licensed attorneys are permitted to give you advice pertaining to contracts, such as cautioning you against accepting certain terms, or revising it to be more equitable or to represent your interests. For this reason, when people do not have an attorney representing them throughout the purchase, they often blindly sign a contract and miss out on many possible opportunities to tailor the contract to their needs or to avoid pitfalls.
One of the most critical aspects of ensuring your home purchase is a sound investment is conducting a thorough review of the title history in order to determine whether the seller has the right to sell the property and whether any tax liens or other liens exist on it. If this search is not done thoroughly, it can result in you buying non-existent rights to a property, or buying a property only to inherit responsibility for all of the outstanding liens. Title Companies cannot provide legal advice, so buyers frequently struggle to interpret their reports or understand the effects that certain things could have on their purchase. In addition to title, lien, and permit searches, there are a number of legal documents that must be prepared prior to the title closing. Having a dedicated attorney ensures that these documents will be prepared and signed as quickly as possible, and avoid potential delays and mistakes that could otherwise slow down the process.
Most people have to take out a mortgage in order to buy a home, but few actually understand the terms and the implications of a mortgage long-term. An attorney can advise you on the terms and make sure that you are making the best decision.
Contact the Law Offices of Larry E. Bray
If you are getting ready to buy a home, it’s important to make sure that your interests are protected. Contact the West Palm Beach real estate lawyers at the Law Offices of Larry E. Bray to find out how he can help you close your sale with peace of mind.