In Illinois both buyers and sellers use attorneys. There is a 5 day attorney approval and inspection period before contract is valid. I have had attorneys make changes in my contract that were inserted by the realtor in my best interest. In Fl there is no such thing. When you sign that contract it's valid. My last transaction was my buying a villa in TV (my 2nd house) and because I had bought before I went thru the paperwork really quickly initially all the indicated areas. I was in Chicago at the time. Come to find out when the villages called me that there was a special assessment every month for an HOA that I wasn't aware of as this area had a pool that was maintained by the residents of those villas and not maintained by the villages. Because there was no dollar amount specified I did not catch the line that said special assessment and was locked into a contract with an extra $55 month HOA fee! An attorney if I had used one would have caught this but of course it would have to have been prior to my signing the contract in Fl. I was stuck and steaming mad!
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