Use a Real Estate Attorney in Jacksonville for Purchase Agreement Contracts

Practically everyone we know has a smartphone, tablet, or computer with an internet connection. As a result of this trend, completing business activities online is simple to do –
including putting a home on the market.

But what happens if the home sells?

What are the next steps?

If you placed a home for sale on the MLS and you don’t have a real estate agent to represent you, a good alternative is a real estate attorney in Jacksonville, FL.

Homeowners who bypass real estate agent services and are selling independently through sites like Trulia, Zillow, or even Craigslist, for example, need a purchase agreement contract when the home finally sells.

It lists not only the price and sales date, purchase agreements also outline specific contingencies for the sale to follow-through, including appraisal values, inspection approvals, or loans. Ultimately, it provides both buyers and sellers with peace of mind.

Real Estate Attorneys for Buyers in Jacksonville, FL

A real estate attorney in Jacksonville can also help protect a buyer’s interest by completing due diligence. The attorney can find or verify if:

• Any Liens Are in Place
• The Property Complies with Local Zoning Laws
• Property Boundary Lines Are Accurate
• Third Party Easements Are in Effect

→ Not Any Real Estate Lawyer Will Do

It is important for buyers and sellers to be highly selective about the real estate lawyer they choose.

Both parties stand to lose thousands if the contract isn’t written properly. As a result, Campione Law suggests finding a lawyer who understands local laws and more specifically, one who has hands-on experience in real estate law.

A skilled lawyer moreover understands how to expedite real estate transactions if certain contingencies such as building permits or deed transfers need to be addressed right away.

How Real Estate Attorneys for Sellers in Jacksonville, FL Help

A real estate attorney ensures the purchase agreement is properly written with the right wording to protect their clients’ interests. Taking this extra step essentially eliminates legal issues that could surface later on.

Let’s take a closer look at how these sales play out:

A home for sale by an owner is typically called FSBO for short. The main motivation for listing a home without a real estate agent is cost-savings. Without an agent, there is no need to pay thousands in commissions that you could bank yourself. Plus, hiring a real estate attorney typically costs less than an RE agent.

The Importance of a Purchase Agreement

If there is no seller’s agent or real estate attorney in place, the buyer’s agent usually takes over the task of writing the purchase agreement. This contract outlines the terms and conditions of the sale.