What is the Role of an Attorney in a Residential Home Purchase?

Buying a home is consistently ranked as one of the most stressful experiences in life. It is also one of the biggest financial investments an individual or couple can make. That is why it is extremely important to take the home-buying process seriously and make sure you take steps necessary to protect your investment. One of the most important decisions you can make when buying a home is enlisting the help of our experienced real estate attorneys at Jurado & Farshchian to help you safeguard your real estate investment. Given the high cost of buying a home, it is important for you to understand the role we can play in your Florida residential home purchase.

Title Searches and Insurance

When you are purchasing residential real estate, you will need to do a title search to make sure that the title to the property is marketable. In other words, you need to make sure that there are no errors or issues. Our attorneys at Jurado and Farshchian can be an integral part of the title search process by helping review the title to your potential Florida residential real estate purchase to make sure there are no errors attached to it that could jeopardize the transaction.

Our attorneys at Jurado & Farshchian can also help you navigate the title insurance process. Title insurance is required if you need a mortgage for your home, and it is a good idea even if you plan to purchase your Florida residential property outright. While our attorneys will work with you throughout the title search process, it is impossible to guarantee that there are no undiscoverable defects in your title that could cause problems with your purchase. Title insurance can protect your investment and an owner’s title insurance policy can protect any equity you put into your purchase, too.

Real Estate Contracts

Real estate contracts can be dense, difficult documents to unpack and understand. It is important to make sure that the contract itself has all of the provisions it needs regarding the sale. Omitting a provision or even improper wording in the fine print can change the dynamics of a real estate transaction in a negative way. Our attorneys have worked with countless clients to review and understand the contract related to this extremely important purchase. As the contract is a binding legal document, it is important that we help ensure it meets your needs.

Closing

Many different aspects are involved in closing on a Florida residential home purchase. For instance, you will need to make sure that you have conducted thorough inspections of the property and complied with your lender’s regulations. Our attorneys at Jurado & Farshchian will help ensure that all of these details have been attended to and, after a detailed review of your entire closing contract, we will schedule the closing for your residential real home purchase. We will also make sure that all of your closing documents are recorded properly, including following through with filing them with the appropriate authority to ensure your transaction is officially complete.