Buying property probably represents the biggest investment you’ll make in your lifetime. Depending on the purchase, you may have hundreds of thousands of dollars or more on the line. If you’re buying a home, you could face instability in your residential status if you run into problems with a deal. A Sebastian lawyer for real estate buyers at Lulich & Attorneys can assist you in navigating the purchase of a property. Our real estate law firm handles home buying, investment properties, lot purchases, and commercial property deals. We can guide you through various real estate transactions, even if you don’t have a real estate agent or broker. Discuss your real estate needs with one of our representatives today during a no-obligation consultation. After discussing your real estate needs and goals, our legal team can let you know how we can assist you with your next steps. For more information, reach out to a Board Certified Sebastian Real Estate Lawyer.
Full-Service Law Firm With Decades of Experience in Real Estate
How We Help Real Estate Buyers in Sebastian
- A home
- Land
- Commercial property
- Single-family investment property
- Multi-family investment
Do I Need a Real Estate Lawyer for the Purchase of Property?
We recommend that you have a lawyer, yes. Real estate transactions can prove surprisingly complex. A Sebastian attorney for real estate buyers can facilitate the entire buying process. Our job entails protecting your rights and representing your interests in any deal you engage in. When you’re purchasing a property, navigating the buying process and understanding the legalities and responsibilities involved without prior knowledge or experience can prove tough. Additionally, you may struggle to accurately assess your options and make the best decisions to meet your goals. Inexperience can lead to expensive delays and unexpected costs. Our real estate lawyers offer valuable legal insight and first-hand experience handling countless real estate transactions. Our lawyers can:Give Legal Advice and Real Estate Guidance
When you work with our team, your real estate buying lawyer can explain your rights, duties, and complex legal documents. It’s our job to ensure you have clear expectations throughout the real estate buying process. We aim to give you the information you need to make sound decisions about the property you’re purchasing, the money you’re investing, and the stipulations of your contracts.Help With Real Estate Contracts and Documents
Your real estate transaction lawyer in Sebastian can work with the other party to represent your interests in the contracts related to your purchase. We regularly draft and review contracts. We fine-tune and produce documents that are legally valid and mutually beneficial to the parties involved. We can also fill out paperwork and file or submit it for your deal.Handle the Communications
Purchasing property means communicating with multiple different parties at different times. Staying abreast of phone calls, emails, appointments, and the exchange of documents can feel overwhelming. Our lawyers serving real estate buyers in Sebastian can manage the communication for you. When you need to engage with others to push your real estate transaction forward, we can take the weight off your shoulders and protect your rights while we’re at it. We communicate with these parties and others on your behalf:- The seller
- Attorneys
- Real estate agents or brokers
- Banks
- Government agencies
- Escrow companies
- Contractors
Keep the Process Moving Forward
Our firm can help prevent unnecessary delays in the home-buying process. You’ll need to know the best path forward when your transaction stalls. Are there documents missing? Are you waiting on signatures? Are there issues with the property? Hiccups in the financing? A lawyer from our team knows the common issues and can provide solutions that can put your deal back on track or avoid certain delays altogether. They can let you know if it’s necessary to abandon a deal. With experience in handling real estate transactions, we also have familiarity with the typical length of time each stage of the purchasing process takes. If an unusual amount of time passes and you don’t see progress, we can tell you how to move forward. You can determine what you need from us and define our specific duties during your real estate purchase. You tell us where you need help, and we’ll guide you through it. Our services cover a range of real estate buying needs.Our Sebastian Real Estate Services
Our real estate buying lawyers serving Sebastian provide a wealth of services detailed below.Our Lawyers Help Evaluate the Cost of the Property
It’s important to determine the value of a property beyond the asking price. Our lawyers serving real estate buyers in Sebastian can help you determine the fair market value of your target home or property. Some of the factors to consider when making an offer or closing on a property include:- The present condition of the house or commercial property
- Required modifications to meet building codes
- Desired renovations you’d like to make
We Can Work to Include a Home Inspection in the Deal
State law requires the property seller to disclose any defects with a home, but we highly recommend that you perform a detailed inspection of the property. Walking through the property with a certified home inspector can help you assess its value. A real estate lawyer can ensure that your sales contract includes a certified home inspection. We can also find a certified home inspector and arrange the inspection for you. The inspection should reveal any concerns with the property that you should address before you buy. For example, if the property requires major repairs or certain types of maintenance, your inspection should reveal it. The inspection should give you, as a buyer, a full understanding of the cost of owning the home. Certain issues, health concerns, and risks could lead you to negotiate with the seller to make or cover repairs or back out of the deal entirely. A home inspection should cover:- The foundation
- The roof
- Floors
- Attic
- Basements
- Appliances
- Gutters
- Structural integrity
- Electrical systems
- Plumbing
- Heat and air conditioning
- Exterior surfaces
- Windows and doors
- Driveways and sidewalks
- Outdoor areas
- Pools
- Insulation and ventilation
- Structural damage
- Water damage
- Mold
- Asbestos
- Lead contamination
- Termites or other pests
- Radon
We Draft and Review Your Sales Contract
Our Sebastian buyers’ attorneys stand by you to help you structure and understand your sales contract. Buying a home or property comes with many responsibilities. We ensure you understand the buyer and seller’s duties, the costs that each party bears, the deadlines for completing certain actions, and more. We run a fine-tooth comb through the sales contract and review these details line-by-line so you have the information you need to feel well-informed. Our legal team can also build contingencies into your contract if the deal takes longer than expected to close or unforeseen problems arise. For instance, your purchase could depend on the close of another property you’re selling or the mortgage may not get approved within the expected time. If so, you may need a clause allowing the cancellation of the sale. Some stipulations in a sales contract could include:- Who makes or covers the cost of repairs
- Plan of action in case a home inspection reveals serious issues with the property
- Seller canceling the sale if you do not get a mortgage approval within a specified time frame
- Buyer canceling the sale if undisclosed property defects, claims to the property, or unusually long delays occur
- Payment of closing costs
- Payment for title insurance
We Help With Mortgage Approval
Our Board Certified Sebastian Real Estate Attorneys for buyers can walk you through the mortgage lending process. We have a deep understanding of the required qualifications. In addition, we can provide recommendations on the lending institutions best suited to your needs and facilitate the gathering and submitting of required documents. Our law firm can provide advice to maximize your loan approval odds. The mortgage process usually includes three major phases:- Locating a home
- Finding a lender
- Getting pre-approved
- Help you source property options and gather pricing data on each
- Determine your budget and the size of the loan you need
- Provide favorable lenders
- Guide you through the mortgage pre-approval process, explaining what’s required and how it affects your approval odds
We Handle the Closing of Your Property
As a law firm and title company, we can handle closing your home, land, or commercial property. Our attorneys can handle the closing documents, ensuring you understand the significance of each one and your obligation under them. If everything else looks good, we finalize the deed, transfer the title, and issue title insurance to protect your investment. The closing process often proves key to securing your investment for the future and protecting yourself from unpleasant surprises down the line. Among our duties during closing, we:- Research the title to identify any undisclosed owners of the property you intend to buy
- Search for possible ownership claims that could threaten your rights to the property in the future
- Search for liens against the property for money owed for property taxes, contractor work, or civil judgments
- Conduct a land survey to confirm the boundaries of the property before you buy it
- Issue title insurance to ensure you protect your financial investment should title defects arise in the future and you cannot keep the property
Call Lulich & Attorneys for Help With Your Real Estate Purchase
Lulich & Attorneys Sebastian Office
- Phone: 772-492-4611
- Fax: 772-589-8800
- Address: 1069 Main Street, Sebastian, FL 32958
- Hours: M-F 8:30PM - 5:00PM