View Full Version : Lawyers
billyb
04-21-2009, 08:49 PM
Our sales rep says a lawyer isn't necessary when purchasing a house in TV. I'm a bit skeptical, since I've used an attorney on every home purchase I've made.
What is the opinion of the experts, by that, I mean those of you who have bought homes in TV? Did you use a lawyer, and if so, would you do the same again?
Barefoot
04-21-2009, 08:59 PM
Our sales rep says a lawyer isn't necessary when purchasing a house in TV. I'm a bit skeptical, since I've used an attorney on every home purchase I've made. What is the opinion of the experts, by that, I mean those of you who have bought homes in TV? Did you use a lawyer, and if so, would you do the same again?
We bought a resale through the Multiple Listing System (not the Villages Listing System). We didn't use a lawyer. (Actually we bought from away prior to even viewing the property. We got a great deal and couldn't resist.) Our MLS agents handled everything and we closed by fax and wire transfer of the money.
If you have any trepidation at all, I suggest you use a lawyer. I had previous experience as a real estate broker in Canada, so I basically felt confident in understanding the process and the forms.
Muncle
04-21-2009, 09:41 PM
On new homes in TV, it is so cut and dried that you'll likely not benefit at all from having a lawyer. I've not heard of anyone having any problems. However, as Bare said, if it makes you feel more comfortable having legal advice, it's probably worth the money.
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katezbox
04-22-2009, 06:56 AM
Hey BillyB,
Being from the Northeast, we always used lawyers too. But Muncie is right - buying a new home in TV is pretty straightforward. And, I have worked with the standard forms enough that I felt comfortable. One thing my hubby wanted to do was to buy the title insurance. I thought it was a bit pricy - but, if it gives him peace of mind...
SteveZ
04-22-2009, 07:11 AM
Like any transaction, a lot depends on your knowledge and experience (and confidence) in the goings-on - if it's a straight purchase (no financing), whether title insurance is going to be required, and what "closing" really means with regards to fees, responsibilities, etc.
This is Florida, so it's probably involving actions and items different than your current state location.
The first responsibility of any seller is to protect the seller's interest.
Peazoup
04-22-2009, 07:17 AM
Up north in CT it's required to use a lawyer for real estate closings, but here in Florida it's not. I bought a resale through The Villages and didn't use a lawyer. The closing process through The Villages is such a well oiled machine that IMHO it was not necessary. I have title insurance on the resale that was paid by the seller. I think that most people here do not use a lawyer, but if you are really bothered by it, then it would probably be worth the money for you.
graciegirl
04-22-2009, 07:18 AM
This is our seventh home purchase and it was the easiest of all. We saw no need for a lawyer and on the advice of several people who live here whose opinions we trust we did not buy title insurance ( we always have before). We bought and did not finance. We would repeat the process....and probably will when we move here full time.
rshoffer
04-22-2009, 01:25 PM
new home
no lawyer
no problem
JohnN
04-22-2009, 03:14 PM
no lawyer used, it's pretty cut and dried. not needed IMHO
I used a lawyer only once on several/many homes in my lifetime, when the company offered it as a perk.
downeaster
04-22-2009, 05:56 PM
Our sales rep says a lawyer isn't necessary when purchasing a house in TV. I'm a bit skeptical, since I've used an attorney on every home purchase I've made.
What is the opinion of the experts, by that, I mean those of you who have bought homes in TV? Did you use a lawyer, and if so, would you do the same again?
I don't think it is kosher for a sales rep to advise you against using an attorney.
You say "I'm a bit skeptical". You are not asking for advice here but you may find it worth the cost to have a lawyer present for peace of mind.
I am a licensed real estate broker, inactive at the moment. I have used lawyers in the past depending on circumstances but I found absolutely no need for one when we closed here.
Somebody mentioned title insurance. I have never been involved in a sale that didn't involve the purchase of title insurance.
Resale - no lawyer. No problems.
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