While Florida is one of only 29 states that do not require a closing attorney to be present during the property buying process, there are many benefits to enlisting one. Here the experts at Handin Law explain when and why you need a closing attorney along with exactly how they will help you.
What Is A Closing Attorney?
Buying a home or property is not only a considerable investment but can also be a nightmare to understand. Between all of the complicated legal paperwork, the large amount of time closing can take, and the chance of disputes, many find it much easier to hire a closing attorney to handle the often complex issues you may run into.
In short, closing attorneys are helpful in expertly representing you. They also attend the closing between the seller and new owner to guarantee that the transfer of funds for a clear title is thorough and legally binding.
Benefits Of Hiring A Closing Attorney
Many people believe that if they have a real estate agent or other professionals, the closing process will be easy. However, this is not exactly the case. While agents are a critical asset to helping you find your dream home, they cannot provide you with any legal advice unless they are also an attorney.
Below you will find some of the many other benefits hiring a closing attorney offers.
Simplify Laws and Paperwork
So much of real estate purchases revolve around following different laws and filling out paperwork to ensure legal transactions and documents. No matter if you are from Florida or not, closing attorneys are much more capable of breaking down complicated legal jargon in ways you will better understand.
Be Your Intermediary
Another benefit of hiring a closing attorney is that you hire them to act on your behalf. They can make any negotiations you may have with the other party, which saves you valuable time and effort. Your attorney may also hold onto your deposit for the property until it is time to close.
Added Legal Protection
Again, purchasing property is a substantial investment, making it even more critical to guarantee the protection of your rights and interests. Closing attorneys are with you every step of the way to navigate and review your contracts and documents in the chance you run into disputes or issues with the property or selling parties.
What To Consider
Just like hiring a real estate agent, there are many things to consider when hiring a closing attorney. To make sure you find a closing attorney who puts you first, you should think about their:
Any lawyer can say they have tons of experience in real estate, but that doesn’t necessarily make it true. It is crucial to find a closing attorney with proven experience. The more real-world knowledge and practice a lawyer has in the realm, the better they can work with and for you. At the Law Offices of Gary I. Handin, P.A., we have over 50 years of experience.
What people think says a lot about the success of a closing attorney. It is essential to look at reviews from others who have used their law services. Not only should you look at testimonials on the law office’s website, but you should also look at different reviews and social media platforms.
Other Red Flags
If you interview a closing attorney and they give you a lot of red flags, chances are they are not the right lawyer for you. Some red flags to be aware of include:
- Advertising without credentials.
- Avoiding answering questions.
- Hard to get in touch with.
- Lack of experience.
- Lack of organization.
- Unable to list qualifications.
Florida may not require a closing attorney, but the process can be much easier if you hire one with vast experience. Since 1969, Gary I. Handin, has been providing expert real estate advice to those in need. If you are ready to close on your property confidently, call us today at (954)-796-9600 or toll-free at 1-877-815-4560!