FOR SALE

BY OWNER

(FSBO)

Selling a property is a significant financial transaction, and it's understandable that some homeowners choose to sell their property on their own instead of hiring a real estate agent. This type of transaction is called For Sale By Owner (FSBO) and can save the seller thousands of dollars in commissions. However, selling a property without professional assistance can also be risky, and that's where our attorneys at Old City Law & Title can assist.

 
 

Benefits of Using a Real Estate Attorney:

  1. Legal Expertise: Old City Title, unlike conventional closing companies, have attorneys who can provide legal expertise and ensure that all legal requirements are met throughout the transaction. They can review and draft legal documents, such as contracts, deeds, and other necessary paperwork, to ensure that the seller's interests are protected.

  2. Title Search: Our attorneys can perform a title search to ensure that there are no liens, judgments, or other claims against the property that could affect the sale. This can help prevent any legal issues from arising during the transaction.

  3. Negotiation: Our attorneys can negotiate on behalf of the seller to ensure that they get the best possible deal. They can also provide advice on how to handle any negotiations with potential buyers, which can be especially helpful for inexperienced sellers.

  4. Closing: Our attorneys can assist with the closing process, which includes reviewing closing documents, ensuring that all necessary paperwork is completed, and overseeing the transfer of funds. This can help ensure a smooth and successful closing.

Why FSBO Sellers in Florida Should Use a Real Estate Attorney:

In Florida, real estate transactions are complex, and there are several legal requirements that sellers must meet. Some of the legal requirements that a real estate attorney can help with include:

  1. Disclosure Laws: Florida has strict disclosure laws that require sellers to disclose any known defects or issues with the property. A real estate attorney can help ensure that the seller complies with these laws and avoids any legal issues.

  2. Contract Laws: Contracts for the sale of real estate in Florida must meet specific legal requirements to be enforceable. A real estate attorney can help ensure that the contract meets these requirements and is legally binding.

  3. Closing Laws: Florida has specific laws and regulations that govern the closing process. A real estate attorney can help ensure that the seller complies with these laws and regulations and that the closing process goes smoothly.