Thursday, August 7, 2014

Consult An Attorney For Florida Real Estate Deals

Protect real estate investments with a skilled attorney.
Buying Florida property can be romanticized by new investors. Protect yourself from legal glitches by hiring a real estate attorney to protect your interests. 
Eric Lanigan and Roddy Lanigan are the attorneys at Lanigan and Lanigan, P.L., in Winter Park. The Lanigans are experienced in real estate, business, civil, and financial law.

The Lanigans' real estate skill comes from practicing Florida law as Winter Park natives who have seen the ups and downs and the many scams and bad deals that unknowing buyers have had to deal with in Florida.

The Lanigans help clients involved with buying or selling real estate to avoid the pitfalls of the many issues that Florida land and property present. Clients are residential, commercial and foreign buyers and sellers investing in personal and business property.

Be Careful in Closing Florida Real Estate Deals

Most individuals work directly with a real estate agent to buy and sell property
and do not think to consult an attorney. Realtors are paid a commission from the property sale or purchase so selling the property is their focus. 

A realtor may be a seller’s agent, a buyer’s agent or a dual agent realtor with interest in buyer and seller interests. Whereas an attorney will represent and protect your interests and protect you whether you’re a buyer or a seller.

Attorney Eric Lanigan works with all types of clients before, during and after a real estate transaction. The potential for legal issues exists with the title search, the legal description of the property, land surveys, easements, appraisals, seller’s property disclosures to name a few.

In recent years, real estate fraud has become much more prevalent because of the desperate attempts that homeowners have taken to get rid of property that is about to be taken in a foreclosure lawsuit.

You May Know Real Estate, You May Not Know the Law

Taking steps to protect yourself upfront before signing a deal is more important than ever. Don’t fool yourself into thinking that watching videos, reading and negotiating a deal makes you impervious to real estate fraud or serious legal issues.

It's a great idea to be proactive and learn as much as possible. However, trust an attorney to first review your documents. 

Talk with a very experienced real estate attorney and allow them to review your contracts—at the very least.

Take the time to consult an attorney before signing any real estate contract. An attorney will review the legal documents and find potential problems before the contract is executed.

Better to spend an hour or two upfront with an attorney than many thousands of dollars and untold amounts of time fighting for what could have been avoided in the first place.



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