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Buying and selling real estate can be complex to navigate without legal guidance. While a Miami real estate contract lawyer is not required for a real estate transaction, they could help protect your interests. Unlike real estate agents, whose primary focus is on closing a real estate transaction, commercial real estate attorneys provide valuable insights and make recommendations to avoid costly mistakes. If you are investing in a property, a lawyer at Jacqueline A. Salcines, P.A. could assist you with the process.
Hiring a real estate lawyer at the beginning of a real estate investment reduces the likelihood of potential problems during closing or after the transaction is complete. Correcting issues after a transaction is finalized is always more difficult and costly than addressing them upfront. A proactive Miami property contract attorney could help with multiple stages of a real estate transaction.
Legal representation could work to ensure the transaction goes smoothly, from start to finish.
Contracts are an essential part of the process of buying and selling real estate. While real estate agents can help complete standard forms, they cannot establish terms and conditions for specific transactions. Complex sales often require more precise language to ensure clarity and avoid confusion. Even for standard contracts in Miami, a real estate lawyer could review the contract and suggest changes to support your interests.
Lawyers may negotiate with lenders, sellers, and buyers to resolve foreclosures and short sales or recommend alternative financing options. If title searches reveal property liens, they could work with the necessary parties to resolve them so the title is clear at closing. Having attorneys handle negotiations could reduce the time buyers and sellers spend on a transaction.
A lawyer may also conduct title searches for recorded and unrecorded liens. For unrecorded liens, they could contact the holder to determine if the debt exists because a company or individual forgot to remove it after it was cleared. For active liens, they could propose viable options for resolving the lien.
Every real estate transaction is unique. Real estate attorneys could answer your questions and explain potential options. Jacqueline Salcines has a background in accounting, allowing her to also address the financial and tax implications of a real estate transaction.
Contingencies can determine how quickly a real estate transaction closes. However, trying to eliminate all contingencies to speed up the sale can result in unexpected expenses. Legal counsel could review any contingencies and outline possible outcomes to help remove unnecessary ones.
Real estate attorneys with accounting backgrounds, such as Jacqueline Salcines, could review loan or financing documents and advise you of potential tax liabilities. They could explore financing options that may have a more favorable impact on your balance sheet.
The extensive paperwork that must be signed at closing can be overwhelming. Many people simply sign the documents without reading them, hoping there are no surprises after the sale. Having a real estate contract lawyer involved in the process from start to finish minimizes the risk of unexpected issues that may delay closing or increase expenses.
Steadfast legal representation on your side could streamline the process and prevent potential issues before they arise.
Managing a real estate transaction on your own could result in added expenses or long-term issues. A Miami real estate contract lawyer knows how to comply with legal requirements while serving your best interests. Additionally, Jacqueline Salcines’s experience in accounting allows her to understand the financial and tax implications of your transaction. Don’t go it alone – doing so could lead to delays or costly mistakes. Reach out to our office today to schedule your initial consultation.
Jacqueline A. Salcines
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