Super Newbie Alert - question about title + attorney

Super Newbie Alert - question about title + attorney

Fort Lauderdale, FL · Member since 2017 · 6 posts · 0 votes

Hello, 

I am new to everything and doing my best to learn. We are located in South FL and our offer on a single family primary residence was accepted, yay. My lender suggested hiring a title attorney, and my realtor says I don't need one in S. FL it will be a waste of $.

Since I am a super newb, I am also now confused and not sure what to do. Can someone tell me what is more common to do here in S. FL 

Thank you :)

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Dave FosterBusiness Member
Qualified Intermediary for 1031 Exchanges · St. Petersburg, FL · Member since 2013 · 9k+ posts · 9k+ votes
8y

@Maya W. because of the great I-95 migration many business practices of NY/CT have made their way to the east coast of FL and in particular Ft Lauderdale and Boca/palm beach etc.

One of these practices is that of attorney representation and attorney closings.  However this is only practiced in very few parts of the country and a very few parts of the state.  The vast majority of closings are handled by a licensed title company.

If your transaction is problematic at all then by all means you'll want legal representation.  But for a standard real estate closing most will simply use a title company.  A reputable real estate firm near you can give you some good recommendations.

The 1031 Investor5134 Reviews
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  • Lender · Tampa, FL · Member since 2014 · 543 posts · 168 votes
    8y

    Contact me and I'll help you

  • Dave FosterBusiness Member
    Qualified Intermediary for 1031 Exchanges · St. Petersburg, FL · Member since 2013 · 9k+ posts · 9k+ votes
    8y

    @Maya W. because of the great I-95 migration many business practices of NY/CT have made their way to the east coast of FL and in particular Ft Lauderdale and Boca/palm beach etc.

    One of these practices is that of attorney representation and attorney closings.  However this is only practiced in very few parts of the country and a very few parts of the state.  The vast majority of closings are handled by a licensed title company.

    If your transaction is problematic at all then by all means you'll want legal representation.  But for a standard real estate closing most will simply use a title company.  A reputable real estate firm near you can give you some good recommendations.

    The 1031 Investor5134 Reviews
  • Real Estate Investor · Palm Beach County, FL · Member since 2017 · 3k+ posts · 2k+ votes
    8y

    Everybody I know here in Palm Beach County uses title companies for their transactions.

  • Share RossBusiness Member
    Real Estate Agent · Boynton Beach, FL · Member since 2017 · 250 posts · 135 votes
    8y

    I ditto the title company comments. "Should" be all you need. (Of course, this is not intended as legal advice.) ;-) 

  • Real Estate Agent · Ormond Beach, FL · Member since 2017 · 215 posts · 158 votes
    8y

    If you are purchasing with a reputable realtor, a title company should be all you need.  I would consult an attorney on any for sale by owner transactions.

  • Fort Lauderdale, FL · Member since 2017 · 6 posts · 0 votes
    8y

    Thank you all. you've helped a lot!

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