Call an Attorney to Stay Protected
Selling home is one of the most frightening experiences you will have in your lifetime. You need someone on your side looking after your interests. The real estate agent does not focus on contract details. They want the deal to be done quickly. Their interests are partially aligned with you. They want the deal to close so they will get paid. You
want to make the best deal possible – even if that means taking things slowly. Shouldn’t you have an objective party on your side during this process?
Some Thoughts on the Contract
Buying a home involves signing at least one contract and often a lot of paperwork written in a language only a lawyer can decipher. The contract may be several hundred pages or even a handwritten document. It can be called a "Letter of Agreement" or a "Letter of Understanding". Whatever form or name it will be legally binding.
Having your attorney draw up the contract can help prevent you from making a big mistake. You don't want to discover that you have signed away important rights, failed to include important protections, or failed to get what you deserve.
Most people negotiate better for others than they do for themselves. An attorney will let you know when you are making a bad deal and help you make the best deal.
When it comes to legal advice, an ounce of prevention is worth a pound of cure. An attorney's perspective is much more helpful and very likely much less expensive than a law suit after the fact.
Click here for sample letter:
When Should You Hire an Attorney?
Get your attorney as early in the selling process as possible. This gives you time to develop a relationship with the person who will be “watching your back”.
At the latest, bring your attorney into the process when you are ready to evaluate an offer and certainly before you sign a contract.
How Do You Choose an Attorney?
Hiring an attorney is an important decision and it should not be taken lightly. You should ask for information on the
attorney’s background, qualifications and education before making a final decision.
The process of selecting an attorney is similar to that of choosing a doctor. Talk with your friends, family, and coworkers. Get their experience and advice, and find out who they like to work with.
Here are some things to look for when choosing an attorney:
• After you have a few names, check the Florida Bar’s website to make certain the attorney has no history of improper activity.
• Look for an attorney who has represented SELLERS in real estate transactions in the past. It is very important they have that perspective.
• Choose to work with someone who is involved in real estate law on a full time basis. It is extremely difficult for an attorney to keep up with the rapidly changing landscape of real estate law. An attorney who handles cases outside of real estate will limits his/her opportunity to keep up with this fast paced world.
• Ask for references. The attorney should be able to have some of his past clients call you and tell you about their experience working with him. This is the most important part of the attorney selection process. If the attorney refuses, you know that they have some kind of client relationship issue.
For more information on selecting an attorney when buying a home, call Mery Lopez.