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Updated over 8 years ago on . Most recent reply

User Stats

50
Posts
4
Votes
Nick Dillaha
  • Real Estate Investor
  • Fort Myers, FL
4
Votes |
50
Posts

Do I need a real estate attorney?

Nick Dillaha
  • Real Estate Investor
  • Fort Myers, FL
Posted

Hello everybody!

I just recently found a property I am very interested in and it's a FSBO listing. The seller does not wish to use realtor to save on cost and stated to me, "I'm more negotiable, if realtors aren't involved.'' I currently own a condo that I plan to rent out and this next purchase will be used as a primary residence.

I walked through the house myself and it looks great, tile everywhere, upgraded master shower, new granite on old/ugly cabinets, new AC as of last year, and new lawn, but roof is original (1996), looks great, though. I will obviously have an inspection done but should I also hire a real estate attorney?? I spoke with a local title company in my area that I used on my current home and she stated that "most attorneys want to handle the closing themselves and that real estate contracts these days are very straight forward and that an attorney probably wouldn't be necessary''... Is she just trying to keep my business? 

What exactly should I be cautious about that a home inspector may not see? I know that polybutelye pluming is something to definitely be wary of.

Please help! 

  • Nick Dillaha
  • Loading replies...