Do I Need A Lawyer To Sell My House With A Homebuyer in Jacksonville, Florida?
Do I Need A Lawyer To Sell My House With A Homebuyer?
Selling your home is one of the most important sales you can make in your life. Since your home is of such great value, it’s understandable that you want to ensure that everything in the transaction is legal and hassle-free. If you want to sell your home to a home buying company, you should know that they have access to significant amounts of cash to buy houses.
Do you need a lawyer if you are selling your home to a home buying company? Let’s take a look at the benefits of hiring a real estate lawyer and how you can include them in a transaction with a home buying company — if you consider it necessary.
How a Lawyer Could Be Beneficial
Having an attorney to assist you when you sell your house can be beneficial. They can protect you from any documentation problems, closing, lawsuits, titling errors, and more. Although hiring an attorney to sell to a home buying company isn’t extremely crucial, they can be of help. You can make the decision based on your unique circumstances.
In the state of Florida, a real estate lawyer is not required by law, but there may be some situations that may make you want to work with a lawyer. Some of these situations include:
You’re Facing Financial Hardships
If you are facing foreclosure, or have received a notice, you can contact a lawyer that can help you determine if you can sell your home as a short sale, or negotiate the terms of your mortgage.
Most home buying companies will take your home if you are facing foreclosure or if you received a notice. They will make you a cash offer to provide you with money amid your financial hardship. They will take your mortgage complications off your shoulders.
You’re Selling On Behalf of Someone Else
Selling a home on behalf of someone else, a deceased owner, can be tricky if no trust proves that you inherited it. A lawyer can be helpful in situations of this sort to ensure that you are selling the property within your legal rights.
Home buying companies will also buy a house that was inherited to you, and you no longer want it. They are known for taking houses as-is, as they understand that sometimes you can’t deal with homes that fell suddenly in your hands. They will make a fair cash offer for it.
You’re Going Through Divorce
Going through a divorce and trying to sell a co-owned house can be complicated. A lawyer can help you with details such as dividing your property within state laws, or going through prenuptial agreements, finances, and the name on the mortgage. An attorney will guide you through the process, ensuring that you get what you deserve.
Because divorce is stressful emotionally, financially, and more, home buying companies make you a cash offer so that you can split the cash with your former spouse if the property is co-owned. You will also have the option to close on the date of your choice, so if you need time to find new living arrangements, you will be able to with no complications.
Tenants Are Renting Your Property
If you have tenants in your property, you have a contract that you must hold until the date you established. An attorney can help you with lease agreements and with state laws for notices to vacate the property. The most common options in this situation are to wait until the lease expires or ask them to vacate.
With home buying companies, you can sell right then and there. As previously stated, you have the option to close whenever it’s convenient and get your cash upon that date. You can stop worrying about your tenants, and won’t have to make them vacate the property beforehand.
Sell Your Home For Cash Today
As you can see from the benefits, hiring a lawyer can be helpful but is not entirely necessary. Henry Buys Homes LLC will help you sell your house in Florida fast. We buy homes in all sorts of situations for cash. When you sell us your home, you won’t need to clean out, make repairs, vacate tenants, or deal with an extensive contract.
Our process is simple, and we have cash on hand right now. Leave the stress of selling your Florida house behind; we are the solution for you.