Is an Attorney Necessary for Closings?

Home Closings Boca RatonWhether you are buying a home or selling one in south Florida, having an attorney on your side can be beneficial, especially if the sale is a complicated one. Unfortunately, with all of the recent foreclosure and bankruptcy problems in Florida, more real estate sales tend to fall in that complicated category these days.

An experienced real estate lawyer can help you review a sales contract to make sure that all of the provisions and contingencies in it have been written with your best interest in mind. She can also check for unrecorded liens, which could threaten your ownership of the home or could potentially cause the sale to fall through. Continue reading

Short Sales on the Increase in Florida

lawyer boca ratonFive years ago, when home prices first began their steep decline from their once lofty heights, mortgage lenders were more likely to repossess a home than to try and strike a deal with the owner. Times have changed and, according to the Los Angeles Times, lenders are now more willing to work with financially stressed homeowners. Short sales, for instance, in which a homeowner sells their property for less than they owe on the mortgage with a bank’s approval, have become more common. Continue reading