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Home purchase

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Old 03-27-2014, 05:07 PM
David P.B. David P.B. is offline
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Default Home purchase

I might be buying in TV, some one told me you don't need a lawyer to purchase a home here. is that true?
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Old 03-27-2014, 06:16 PM
Ron1Z Ron1Z is offline
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I have bought and sold many homes. Never needed a realtor but always needed a lawyer.
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Old 03-27-2014, 08:27 PM
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David,
You didn't specify if you were buying a new home or pre-owned home. If you are buying new, I personally don't know anyone who used an attorney, it's pretty cut and dry.
If you are buying a pre-owned home, are you using a Realtor or could it possibly be a FSBO?
You need to be more specific to get a good answer to your question.
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Old 03-28-2014, 04:55 AM
OBXNana OBXNana is offline
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This was a question for the expert and I'm anxious to hear what they have to say. I've heard different things for Florida and the answer may help anyone that is buying in the future not familiar with the state.
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Old 03-28-2014, 07:18 AM
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Quote:
Originally Posted by David P.B. View Post
I might be buying in TV, some one told me you don't need a lawyer to purchase a home here. is that true?

They have it down to perfection. We closed last year. They sent me all documents weeks prior to closing. I read them and felt I did not need an attorney (3 our 4 of my closest friends are of that type). Wasn't trying to save money, just was not necessary.

I did Title Insurance.

Good luck.
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Old 03-28-2014, 08:51 AM
Giggles Giggles is offline
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I am closing next week and asked if I needed an attorney. I was told the title company takes care of it.
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Old 03-28-2014, 09:09 AM
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Title company took care of everything for us.
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Old 03-28-2014, 09:19 AM
carlanddiane carlanddiane is offline
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we have bought and sold 12 homes in Florida over the last 15 years , have never used an attorney and have never had a problem
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Old 03-28-2014, 09:22 AM
mixsonci mixsonci is offline
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I just bought a new home in September, didn't need a lawyer, just my Mortgage lender and The Villages staff, even had my brother act as POA because I was out of the Country, still no lawyer required.
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Old 03-31-2014, 11:53 AM
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If purchasing new, that is true. No experience with a resale purchase.
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Old 03-31-2014, 12:11 PM
Mike&Marilyn Mike&Marilyn is offline
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Very true!! We bought a brand new home last August and one was not needed. Hope you love The Villages as much as we do.
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Old 03-31-2014, 12:31 PM
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I am also from New York and we both know that lawyers run everything in the Empire State. Very different in Florida. We recently bought a FSBO and used a lawyer. We found out later that it was a wasted $500. Title companies take care everything for both the buyer and seller. Good luck!
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Old 03-31-2014, 03:54 PM
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It was explained to us by a TV agent that you can use an attorney if you like, but they will not change anything in the purchase contract, so there is no reason to pay an attorney to review something that can't be modified. While we were still house hunting I asked for a copy of the contract and read it thoroughly. I'm not an attorney, but I am a licensed Realtor in Massachusetts, so there really wasn't anything that surprised, or worried me. There are absolutely no contingencies allowed if you are purchasing new construction.

However....... if I were buying a pre-owned home, I would probably hire an attorney, especially if there are any contingencies. I also read over the standard Florida purchase contract, and it was very similar to the standard Massachusetts contract.
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