The thought of moving into a brand-new home may be exciting, but many buyers soon discover the reality is complicated and confusing. From the initial search for a home to the day you get the keys, buyers can suffer many disappointments. Additionally, sellers may have their houses on the market for years before they complete a sale.
Unfortunately, realtors and real estate brokers are not allowed to handle complicated legal issues, leaving their clients frustrated and stalled in the middle of the transaction.
Benefits of Hiring an Attorney for Your Florida Real Estate Transaction
The purchase of a family home is often the largest investment individuals make. It also involves the law of real property, which requires buyers and sellers to perform many different actions in order to ensure these transactions are made legally.
As a result, buying or selling your home can come with complications that can only be addressed by a qualified residential real estate attorney.
The attorneys at DeLoach, Hofstra & Cavonis have years of experience in real estate transfers, solving existing problems and working to prevent problems from occurring after the sale is complete. Our real estate lawyers can be extremely useful throughout the buying and selling process, allowing you to:
- Ensure the Property is Fit for Use. Buyers have different needs when it comes to the ability to control, change, and use their properties. Your attorney can explore the different restrictions placed by zoning and land use laws; examine the regulations instituted by a homeowner’s association; and discover if there are any easements on the property that could restrict your ability to make renovations or expansions.
- Discover Outstanding Liens. If there's a problem with chain of title, someone else can claim ownership over your property after the purchase is complete. Our attorneys will perform a thorough title examination and title search to discover any liens on the property that could lead to a real estate dispute down the road. We can also help in obtaining title insurance to protect new owners from future claims on the title after sale.
- Secure Financing. Buyers often need to be pre-approved for a loan before they can make an offer on a house. We can examine the various rates and terms from a variety of mortgage lenders, and negotiate with banks on your behalf to get you a loan with an affordable interest rate and monthly payment.
- Make or Accept an Offer with Confidence. There are many different factors that can affect the purchase price of a home. For example, a home inspection may find hidden hazards on the property, such as additions or utility systems not up to code. We can help buyers and sellers negotiate who will bear the burden of repair costs before sale, and secure a home warranty to cover major portions of the home after the sale. If the seller declines the offer or negotiations fall through, we can ensure the buyer’s earnest money is fully refunded.
- Enjoy a Smooth Closing Process. The closing of a real estate transaction involves a variety of legal documents, and each one must be read and fully understood before signing. Our attorneys can represent you throughout the closing process; draft purchase agreements; outline who will pay for each closing cost; and make changes and additions to documents before you sign.
- Prevent Litigation. In real estate, almost all surprises are bad. If your transaction has some unusual language in the contract or the mortgage, you can rest easy knowing you had an experienced lawyer review it before you sign on the dotted line.
Affordable Legal Help Give Buyers and Sellers Peace of Mind
At DeLoach, Hofstra & Cavonis, we take a proactive approach when it comes to real estate. We'll review all contracts, mortgages, and other important documents before you sign them to make sure your interests are protected. The cost of a review of your transaction is extremely affordable, and is typically a fraction of the price should a problem arise during the transaction.
Not only that, but you'll have peace of mind knowing you'll face less chance of encountering a complication after the transaction is complete.
If you're buying or selling a home, our residential real estate attorneys can answer your questions and help you through each state of the process. Simply fill out the quick contact form on this page to set up a consultation, or order our free consumer guide, Top 7 Tips for Selling Your Florida Home.