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Selling a House? Why You Need an Attorney

Posted on in Real Estate

Broward County residential real estate attorneySelling a house may be one of the biggest transactions you are ever involved in. In the current housing market, your house is likely worth much more than it was when you originally bought it. You want to make the best possible profit from selling your house, but you also must be careful about the liabilities associated with a real estate transaction.

Everything from using the right type of deed to reading the entire contract before selling is very important in a transaction this large. Contracts for real estate sales can be incredibly complex, and you will want to make sure that you understand exactly what you are agreeing to. Whether the house you are selling is your own personal single-family home or a duplex you have been renting out, having an attorney assist you with the sale could protect you from liability issues in the future. 

How an Attorney Can Help With Your Real Estate Sale

Most of what an attorney does in a real estate transaction involves thoroughly checking for any potential issues that could come back to bite you. Some ways a real estate lawyer can help when you are selling a house include: 

  • Deed drafting - Using the right type of deed is critical. There are multiple types of deeds recognized in Florida, and using the wrong one might offer you little protection if something goes wrong and the buyer is not happy. If you have limited information about the property you own - for example, if it was a surprise inheritance - then you may want to use a different type of deed than you would if you were selling a house that you bought brand-new several years ago. 
  • Finding liens and liabilities - You may not even know that someone holds a lien on your property. The relative you inherited the house from may not have paid some Homeowner’s Association dues for a while, or a previous owner could have signed a contract regarding the use of the property that you are not aware of. It is important that these issues are resolved before sale. 
  • Understanding the agreement - Contracts for real estate sales can look more like novels - and not the interesting best-sellers, either. Odds are, you have no plans to sit down and read the entire contract cover-to-cover. Even if you did, deciphering the entire thing takes expertise. An attorney can help by making sure that you know what you are agreeing to so that sneaky language does not leave you on the hook for a future problem. 

If you are selling a house, it is always a good idea to bring in an attorney to ensure that everything goes smoothly. 

Contact a Florida Real Estate Attorney

Law Office of Miller & Miller, P.A. is highly experienced in helping people buy and sell homes and other real properties. Our skilled Broward County real estate attorneys will supervise the transaction from start to finish to make sure that you are well-protected. Call 954-981-9301 for a free consultation. 

 

Source:

https://www.zillow.com/sellers-guide/do-i-need-a-real-estate-attorney/

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