The Advantages of Hiring Real Estate Lawyers

bob lattasIf you are thinking about buying a new home then there is quite a lot of paperwork which you will have to go through before you can complete the transaction. Apart from the title documents which you will need to go through there are other legal documents which you will have to go through as well. In such situations, it is often wise for you to hire a real estate attorney. Robert Lattas is one such attorney who will help you understand everything to do with property transactions and ensure you don’t overlook anything important.

One very important thing which real estate attorney’s help with is property closings. Most people may not even know that offers can be made with the approval of a lawyer. This will allow the sellers of the home to peruse all the documents well in advance as well. An attorney is also responsible for ensuring the titles of the contract are correct and that all the right documents are registered and that the owner’s paperwork itself is legal. Many attorneys even work with financial institutions to ensure that there is no part of your property purchase which causes you unnecessary stress.


Real estate lawyers will also check the history of the property you want to purchase to ensure that there aren’t any short term or long term liens on it. This is possible if you’re buying an old home which has had multiple owners in the past. Attorneys will also check to see whether there are any restrictions or easements on the property and will explain the details, if any to you before you sign any paperwork.




But as far as hiring an attorney is concerned, make sure to only hire an experienced and licensed lawyer. There are some attorneys who may offer to help you with your property transaction at cheaper prices but they will definitely not be the best choice for you. They are even some people who aren’t attorneys and can still do a decent job for you but would you really want someone who isn’t trained in law handling your transaction?

Most licensed lawyers will also work together with your financial institution to ensure you get the best possible deal and adjust any terms in your contract with them if required. This usually includes insurance and taxes as well. They will always keep your best interests in mind and ensure that there are no problems which may creep up after the transaction has been completed.

If you take out a little time and find the right real estate lawyer you will ensure you have a pleasant home buying experience. So what are you waiting for? Start searching for a real estate lawyer today.

Considerations for Successful New Construction

robertlattas01:

Accordingly, it is imperative that the buyer fully research any contractor or builder prior to entering into a contract to build a new home.  Additionally, new construction and draw agreements can be extremely complicated and it is important that the buyer have a thorough understanding of the contract and terms prior to executing.  For example, we have seen people spend hundreds of thousands of dollars above and beyond what they initially anticipated because they failed to understand what the initial contract provided for.

Because of the substantial risks involved with hiring a company to build a home, we strongly encourage any person considering new construction to fully research the contractor and to obtain legal representation to review and negotiate the contracts.  If there are any questions as to the financial viability of the contractor, a title search can reveal all pending liens, foreclosures, lawsuits, judgments and many other public records which tend to indicate financial hardship.  Further, even if the landowner is obtaining financing (in which the lender will require very specific agreements from the builder for the construction process), we still strongly encourage having an attorney review all documents prior to commencement of construction.

Should you have any questions regarding new construction please consult with your local real estate attorney.

Sincerely,

Berlin-Patten, PLLC

This communication is not intended to establish an attorney client relationship, and to the extent anything contained herein could be construed as legal advice or guidance, you are strongly encouraged to consult with your own attorney before relying upon any information contained herein.

All rights reserved. This copyrighted material may not be re-published without permission. Links are encouraged.

http://www.berlinpatten.com

SARASOTA

1819 Main Street, Suite 1000, Sarasota, FL 34236   P (941) 954-9991  F (941) 954-9992

VENICE

247 S. Tamiami Trail, Suite 201, Venice, FL 34285  P (941) 955-9991  F (941) 484-9992

LAKEWOOD RANCH

8130 Main Street, Suite 206, Lakewood Ranch, FL 34202   P (941) 907-9022  F (941) 907-9024

Originally posted on Berlin Patten, Attorneys at Law:

As many of you are now seeing first hand, southwest Florida is experiencing what we in the industry call a “construction boom.”  While we welcome the increase in new construction, it is important to remember that not all construction companies have fully recovered from the housing collapse.  In fact, several local construction companies filed bankruptcy and went completely out of business last year. 

Accordingly, it is imperative that the buyer fully research any contractor or builder prior to entering into a contract to build a new home.  Additionally, new construction and draw agreements can be extremely complicated and it is important that the buyer have a thorough understanding of the contract and terms prior to executing.  For example, we have seen people spend hundreds of thousands of dollars above and beyond what they initially anticipated because they failed to understand what the initial contract provided for. 

Because of the substantial risks…

View original 238 more words

Couple resorts to mass-mailing owners in hopes of finding a willing seller

robertlattas01:

The couple was very smart, adding a personal touch with a family photo including their daughter and dog.  Overall, what was the outcome aside from becoming really well versed in local real estate and being out the cost of a lot of stamps?  The couple ended up buying a four-bedroom home from an older couple looking to move to a local retirement community.

As a real estate attorney whose office represents some developers, we get a decent amount of direct mailings from brokers on the hunt for willing sellers.  I have always wanted to call up those brokers and ask them if the approach really works.  I guess in the long run any seller who is currently on the fence about selling, might be pushed just that much further to make the plunge.

As a buyer, would you consider reaching out to owners to see if they were interested in selling their homes?

For the full story, check out this article on Boston.com:http://www.boston.com/realestate/news/blogs/renow/2013/12/frustrated_buye_2.html

Originally posted on nicolesellsboston:

A couple in Topsfield, clearly fed up with the rat race that has become the home-buying process in Massachusetts, decided recently to take matters into their own hands.  The couple decided to do a mass mailing to try and find a willing seller within the area and price range they were looking for.  Though they certainly did their research – mapping out those homes in an area and determining assessed values through the Town, then weeding out young families unlikely to sell – the concept is one most people would never think to resort to.  The couple was very smart, adding a personal touch with a family photo including their daughter and dog.  Overall, what was the outcome aside from becoming really well versed in local real estate and being out the cost of a lot of stamps?  The couple ended up buying a four-bedroom home from an older couple…

View original 109 more words

Buying Your Home

robertlattas01:

No, you cannot. What about obtaining and reading the HOA docs and understanding all that is written in them? That is a big undertaking.

Obviously, you don’t want to make an offer on a house without being pre-approved for a mortgage. Naturally, you want the type of mortgage which is best for you. So asking what the mortgage company ifs offering could be a recipe for disaster. A realtor should be able to guide you down the right path. Oh, and while we are speaking about pre-approval, let’s mention the proper budge for the purchase. How much can you afford? Talk to your realtor about the costs associated with home ownership in that specific location.

Lastly, a great Realtor should be able to assist a homebuyer with their checklist. If you don’t have a checklist, make one which contains your “must haves” and “don’t wants.” Your Realtor may have a form list for you to follow. Making a list and sticking to it will help you get the home of your dreams and a Realtor can make it easy to find!

DELLUTRI LAW GROUP
CARMEN DELLUTRI, ESQ.
KMarshall@DellutriLawGroup.com
Download VCard
Phone: 239.939.0900
Fax: 239.939.0588
1436 Royal Palm Square Boulevard
Fort Myers, Florida 33919

Originally posted on PropertyGuiding:

Buying Your Home

I don’t care if it’s your first home or your ninth home, when buying real estate, you should ALWAYS consult with a Realtor. A good real estate agent is like a property detective. They research neighborhoods, schools, and HOAs. Looking at homes on the internet is fine, and can really assist a home buyer in figuring out what their needs are: however, can you tell if many of the homes in the community are rentals by looking at the internet? No, you cannot. What about obtaining and reading the HOA docs and understanding all that is written in them? That is a big undertaking.

View original 178 more words