Buying or selling a home may be the largest financial transaction you engage in your lifetime. Even if it isn’t, the purchase or sale of real estate is invariably a complex transaction, and it’s critical to take steps to ensure that your legal rights are protected and that you understand the terms of the agreement. For these reasons, it’s highly advisable to have a Florida real estate lawyer attend your closing.
How Can a Real Estate Lawyer Help With Your Closing?
Typically, the purchase of real estate involves dozens of pages of paperwork and contracts with various contingencies. Therefore, it is critical to ensure that the home you are purchasing has a clean title and that you understand any encumbrances (such as easements or restrictive covenants) that could affect your ability to enjoy your home. If you are selling, it is important to have an attorney by your side to make sure you are disclosing what is required by law and to help ensure all title matters are handled in a timely fashion.
Some specific ways a real estate lawyer can help include:
- Reviewing, drafting, and amending contracts or other documents related to the transaction;
- Holding your escrow deposit in an attorney trust account;
- Performing a title search to ensure that the seller has the right to sell the property and determine whether there are any encumbrances attached to it;
- Clearing any lien and title issues;
- Defending against any title claims;
- Representing you during any negotiations that may take place; and
- Preparing the conveyance documents and closing statement.
The specific ways an attorney can help you will depend on the specific circumstances of your transaction. Meeting with an experienced Florida real estate lawyer is a good first step to determine what – if any – issues could potentially arise with the purchase of the property you are considering.
How to Find the Right Florida Real Estate Lawyer for Your Closing
Now that you know that it’s a good idea to retain a lawyer, you may be wondering how to find the right one for you. Some questions you should ask any attorney who you are considering hiring include:
- What are your rates? Do you charge hourly or have a flat fee for real estate closings?
- Will I communicate with you directly or with a member of your staff? Will you be available if issues arise during negotiations?
- What is your experience with real estate closings?
- Typically, how involved are you in the closing process?
The answers to these questions will help you determine whether a particular lawyer is a good fit for your needs. At Farshchian Law, we are committed to keeping our clients informed of the status of their transactions and making ourselves available to answer questions as they arise.
Call Us Today to Speak with an Experienced Florida Real Estate Lawyer
If you are in the process of purchasing or selling real estate, you should speak to an experienced Florida real estate attorney to assist with your closing transaction. Attorney Jennie G. Farshchian is a skilled real estate lawyer who represents both buyers and sellers and is committed to zealously protecting her clients’ rights. To schedule a free consultation and discuss how we can help with your real estate needs, call our office today at (305) 901-5628 or (239) 935-8599, or email us at Info@JFRealEstateLaw.com. We look forward to hearing from you!