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Updated over 5 years ago on . Most recent reply

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807
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Nat C.
  • Investor
  • Miami, FL
473
Votes |
807
Posts

Need advice about selling- Florida

Nat C.
  • Investor
  • Miami, FL
Posted

This is a novice question, so please forgive me. I am selling a property to an investor in Florida. The buyer had contacted me randomly and we negotiated the deal between ourselves. The buyer has his own lawyer for the closing.

They have asked me if I would like to also use his lawyer for the closing. The closing documents they’ve sent me mention $5000 in various fees. $600 of that is property taxes, which I understand. The remaining $4400, I do not understand why I’m required to pay.

I’ve read that I don’t even need to hire a lawyer to sell in the state of Florida. I have a good friend who is a real estate broker, so if I am to pay high amounts of money to anyone, then I would prefer to hire my agent friend.

Can anyone please offer me some clarification and recommendation about the above matter?

Most Popular Reply

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958
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1,137
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Tchaka Owen
  • Real Estate Agent
  • Merritt Island, FL
1,137
Votes |
958
Posts
Tchaka Owen
  • Real Estate Agent
  • Merritt Island, FL
Replied

@Nat C. - 2 things:

1. You should have an attorney represent your side, s/he will draw up your docs and review. It's not expensive and well worth it.

2. Feel free to send me the paperwork if you want me to take a peek. I'm a licensed agent and have seen tons of closing statements. Some fees could be legit while some could be junk.

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