How to Master Residential Real Estate Closings

Acquiring Residential Real Estate is an exciting, yet complex, affair. From first-time buyers fulfilling a life-long dream of having their own house, to private investors with a portfolio they are seeking to grow , selling or buying real estate is one of the biggest and most crucial decisions you can make. That is all the more reason why you should enlist the help of qualified legal experts who know how to look out for and protect your interests, no matter what they might be.

For all the rewards and opportunities that come with Residential Real Estate, there are also many risks and liabilities that can frustrate the closing or lead to its cancellation altogether. That is why the real estate attorneys at Jurado & Farshchian take an individualized and thorough approach to every client and every transaction, no matter which side of the deal you are on. Here are just some of the services we offer.

Buyer Representation

No matter how experienced you are in buying real estate, it is important to have an attorney by your side that can work out the complex regulations and lender requirements that affect every transaction. Our comprehensive expertise means that we can provide all the relevant services you will need through one point of contact. This includes title examination, title insurance, contract negotiation and preparation, qualifying for a loan, taking legal title, and general legal counsel and advice. We can also assist you in complying with property taxes and taking advantage of Florida homestead tax exemption, if applicable.

Seller Representation

As a seller, you have different obligations and concerns that you must concern yourself with, including accommodating the various terms in the buyer’s contract. We can help you fulfill disclosure requirements, prepare all integral closing documents (such as a Warranty Deed and Bill of Sale), review the closing statement and closing costs, sort out any title defects or issues that may taint your sale, and provide general guidance throughout the transaction.

Foreign National Representation

If you are among the tens of thousands of foreign buyers, sellers, and investors with a stake or interest in Florida real estate, you should team up with a firm that offers combined expertise in immigration, real estate, and business law. In addition to our aforementioned services, we specialize in the unique challenges that affect foreigners involved in U.S. real estate. We can advise you on the legal and tax implications of your transaction, such as FIRPTA Withholding for sales, and provide assistance in finding the right visa or business structure that will advance your interests in U.S. real estate.

Title Examination and Title Insurance

Making sure that there are no issues with the title, or collection of rights, associated with the subject property will go a long way towards ensuring a successful closing for both parties. Our attorneys are title specialists who are equipped with the tools and expertise to diligently examine the title to any property and find solutions for any defects or liens that may appear. We are also qualified to draft an effective title insurance policy that will protect buyers from title problems that may emerge in the future, and we will seek out any discounts that may be available for you to save money.