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Can I Sue For Problems After a Real Estate Closing In Florida?

Orlando Real Estate Litigation

Real estate transactions are complex and can involve a number of legal documents. When you’re buying or selling real estate, there are many things that can go wrong, even when you do everything you can to prepare and plan ahead. Fortunately, an attorney can help. Here’s what to know about common issues that come up during residential and commercial real estate closings and how a qualified lawyer can assist you.  

Common Closing Problems

One of the most common problems that can occur is a problem with the title to the property. If there’s a problem with the title, it can delay the closing or even prevent the sale from going through altogether.

Another common issue is a problem with the appraisal. If the appraisal comes in low, it can cause the buyer to back out of the deal or the seller to lower their asking price. And then there are the myriad of other potential problems that can pop up, like a lien on the property, zoning issues, environmental concerns, or even hidden damage that wasn’t disclosed by the seller.

All of these matters can be frustrating and costly, but fortunately, they can usually be resolved with the help of an experienced real estate litigation attorney. 

How to Prevent Real Estate Closing Nightmares

When closing on a piece of real estate, it’s important to take the appropriate steps to make sure you’re heading off any potential problems before they can manifest. Before signing on the final dotted line, make sure you:

  • Read the forms or paperwork thoroughly, even the fine print
  • Complete a title search and opt into title and property insurance
  • Check the zoning of the property before your purchase to ensure it aligns with your intended property use
  • Get a loan commitment in writing
  • Hire a qualified real estate attorney before it’s too late 

Call a Florida Real Estate Law Firm Today

When you are buying or selling property, you need an experienced real estate lawyer or attorney to help you through the process. An experienced real estate lawyer can also help you negotiate the best deal possible and protect your interests during the transaction. They can also help you if there are any problems with the sale or purchase of your property.

Contact Feinstein Real Estate Litigation & Business Law today for a consultation by dialing 954-767-9662 or filling out our quick online contact form.

By : admin | October 6, 2022 | Real Estate Litigation