Through the years, legislative bodies and professional organizations have tried to make it easier for Buyers and Sellers of residential properties to complete their transactions without the aid of attorneys. But more people these days are going to their closings accompanied by an attorney, or are at least having one review their sales and financing contracts in advance. And we agree!
Seems as though each and every day we hear horror stories of "sales gone bad" and the rising tide of foreclosures doesn't help one bit. It makes a lot more sense to seek a professional legal opinion BEFORE problems arise. It'll probably be the best $100 +/- you'll ever invest!
Suits occur after a sale ... before a sale in consummated ... when a contract is unfulfilled ... for specific performance ... just about anytime. With the aid of expert legal advice and, sometimes, the simplest addition of specific language, many problems are easily averted.
Many local REALTORS don’t like the idea of lawyers being involved in what should be a simple residential sale. With most firms not employing in-house counsel, they don't like shelling out the extra dollars from their commissions. But the laws are changing all the time, getting more complex, not less. And a legal review is a VERY good idea!
Labels: Business, Credit Partners, Deals, Finance, Fixing Credit; Bad Credit; Improving Credit Score, Florida, Florida Panhandle, Foreclosure, Investment, Panama City, Real Estate, Short Sale, Vacation
