You are finally ready to close on the home of your dreams, but should you hire a Florida real estate closing attorney to help with this process?
In Florida, the purchase and sales contract is what governs any residential real estate transaction.
Even though your realtor is likely familiar with each aspect of the home buying and selling process, he/she is not permitted to provide you with any legal advice regarding the repercussions or potential outcomes of signing the contract.
That is why, when it comes time to handling real estate transactions, including the closing, hiring a real estate closing attorney may be in your best interest.
While Florida does not require an attorney be present or involved in the closing process, a real estate closing attorney helps protect both parties’ interests, expediting and streamlining several aspects of the process including:
- Contract negotiations
- Securing title insurance
- Lender communications
What Florida Real Estate Attorneys Can Assist With
Real estate transactions, on the surface, seem simple. However, they can be quite complex and pose a host of potential legal issues. Florida real estate closing attorneys are better equipped to manage the complex legalities of these transactions and help ensure that all drafted and signed contracts are suited to each party’s objectives and the property unaffected by any liens.
They conduct and manage the closing process along with several other aspects of the transaction, including:
- Reviewing and negotiating the purchase and sale agreement
- Acting as the escrow agent to hold earnest money until disbursement
- Ordering the municipal lien certificate to verify real estate taxes
- Examining and issuing the property title and helping to resolve any discrepancies
Not every closing is a smooth process, and many issues can arise, such as illegal additions or property improvements, which a real estate closing attorney can help resolve.
Hiring a Real Estate Attorney in Florida
A Florida real estate closing attorney can help with the buying and selling process, assist in navigating any problems that arise, and ultimately help you close the deal.
Most importantly, it gives you peace of mind knowing that you won’t miss or misunderstand an important part of the sales agreement or other agreements involved in the transaction.
Contact our team at Apfelbaum Law today to help you close on the purchase or sale of your property. Our attorneys will answer your questions, explain your options, and guide you through every step of the process.