Role of an Attorney in a Residential Home Purchase
Given the high cost of buying a home, it is important for you to understand the role of an attorney can play in your residential home purchase.
Title Searches and InsuranceWhen you are purchasing residential real estate, you will need to do a title search to make sure that the title to the property is marketable. In other words, you need to make sure that there are no errors or issues. Our attorneys at Jurado and Farshchian can handle the title search process by diligently researching and reviewing the title to your Florida real estate purchase to make sure there are no errors attached to it that could jeopardize the transaction.
Our attorneys can also help you navigate the title insurance process. Title insurance is required if you need a mortgage loan to purchase your home, and it is a good idea to obtain even if you plan to purchase your Florida residential property cash. While our attorneys diligently and thoroughly handle the title search process, it is impossible to guarantee that there will be no undiscoverable defects in your title that could cause a problem with your purchase. Title insurance is here to protect your investment and the equity you place into your purchase.
Real Estate ContractsReal estate contracts can be dense, difficult documents to unravel and understand. It is important to make sure that the contract itself has all of the provisions it needs regarding the sale. Omitting a provision or even improper wording in the fine print can change the dynamics of a real estate transaction in a negative way. Our attorneys have worked with countless clients to review and understand the contract relating to this extremely important purchase. As the contract is a binding legal document, it is important that we help ensure it meets your needs.
ClosingMany different aspects are involved in closing on a Florida residential home purchase. For instance, you will need to make sure that you have conducted thorough inspections of the property and complied with your lender's regulations. Our attorneys at Jurado & Farshchian will help ensure that all of these details have been attended to, and that a thorough search is done to uncover any actual or potential title or lien issues. We will also assist to resolve any title or lien issues prior to closing. Upon the proper execution of the closing documents, our experienced Florida real estate attorneys will also make sure that all of your closing documents are recorded properly, including following through with filing them with the appropriate authority to ensure your transaction is officially complete.