Wednesday, February 3, 2016

Common Florida Real Estate Law Questions

Whether you are buying or selling property, it is a serious transaction that often involves hundreds of thousands of dollars. For many people, it is the largest sale or investment they will ever made. Knowing the answers to common Florida real estate law questions helps you get through this transaction in the best way possible. Consider a few questions many attorneys can answer on behalf of real estate buyers and sellers.

Can I Negotiate the Selling Price?

An attorney can help buyers and sellers engage in more meaningful negotiations. This means the buyer can pay the most competitive price for the property and the seller will not have to lose money or see a potential get frustrated and walk away from the deal.

What Paperwork is Required?

Buying or selling a house requires quite a bit of paperwork. This may include the contracts, deeds, mortgage papers, and more. Certain inspections might need to be done to ensure the house is in good shape to sell. This paperwork must be carefully reviewed for total accuracy.

How Long Does the Sale Take?

There are many variables when it comes to buying and selling real estate. While a time frame can be established, it may vary. For example, if repairs need to be done to the property to sell it after an inspection is done, this might take additional time. Another factor to consider is mortgage approval and the time it takes. It makes sense for buyers to get pre-approval for a mortgage to help save time.

When Can I Move Out or In?

Once again, the time for the buyer to move out of the home and sellers to move in may vary. These terms can be agreed upon between the parties to ensure the time frame works well for everyone involved in the real estate transaction.

Ansley Law Firm
3999 Commons Dr W
Destin, FL 32541
(850) 837-3777

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