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How a Lawyer Can Help with Your Property Purchase or Sale

Posted on: February 6, 2019

A real estate attorney can be a blessing for anyone looking to buy or sell a property.

Whether it’s an oceanside condominium, family home, commercial building, or vacant land, you’re bound to need some legal advice along the way.

Real estate lawyers can help you at many steps of the process – and it can be a long one. Finding the right property – or buyer for the property you own – is really just a foot in the door. Once in, the negotiations, inspections, and paperwork can make for a laborious transaction.

Fortunately, a South Florida real estate lawyer can help you navigate it. A lawyer will work with you and your real estate agent to ensure the sale goes as smoothly as possible.

The role of a lawyer in real estate

One of the most important aspects of a real estate attorney’s job is, put simply, paperwork. The lawyer can help prepare documents, such as purchase agreements, title transfers, and mortgage applications, among others. They can also help you review and understand documents from the other party.

But that’s definitely not all they do. Lawyers often manage closing arrangements and negotiations. They can help you conduct authority searches and environmental inspections, and help you analyze appraisals, which are important in verifying the property’s fair market value.

If you’re looking to purchase an investment property, such as a rental home, condo building, or office complex in South Florida, a Fort Lauderdale commercial real estate attorney is a necessity. Profit-generating real estate has a whole different set of hurdles to overcome. Lawyers in this field have knowledge in law, real estate, and business – a trifecta of experience essential to a successful transaction. They can help you wade through the vocabulary, negotiate, and even sort out your financing.

In any type of transaction, real estate lawyers can offer professional and objective third-party counsel on the purchase or sale.

Who needs a real estate lawyer?

A South Florida real estate lawyer can be extremely useful to any type of homebuyer. Whether you’re buying your first home or buying a second property in the sunny south, a real estate attorney is a necessity. While purchase documents are often required to be prepared by a lawyer, this is not the only step in which their services are useful. First-time buyers and those buying property for commercial use are especially at risk of running into legal challenges.

For more information on the home-buying process, and we how we can help make yours smooth, get in touch with Mark Schecter at Schecter Law today at (954) 779-7009.