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Old 07-17-2013, 05:14 PM
 
Location: Lakewood Ranch, Florida
244 posts, read 352,892 times
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Going to contract on new construction in LWR, relocating from NY, doing a construction to perm loan and need to sign the contract and scan and email to them by tomorrow at 5 pm, do i need a lawyer for this type of closing ???? Thanks for all your insight...

Steve
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Old 07-17-2013, 05:35 PM
 
16,376 posts, read 21,381,135 times
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Probably not. They are not required in FL. Do you feel that you need one...to understand the contract better or because something needs to be tweaked in the contract? Otherwise, it's not necessary, IMO.
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Old 07-17-2013, 05:41 PM
 
Location: Lakewood Ranch, FL
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Is there anything that you are concerned about?
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Old 07-18-2013, 04:20 PM
 
Location: Lakewood Ranch, Florida
244 posts, read 352,892 times
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No, no concerns but it is the norm here and i wasnt sure..
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Old 07-18-2013, 06:28 PM
 
Location: Lakewood Ranch, FL
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"Cod" is right. It's never a bad idea to have a contract reviewed by an attorney but it is not an automatic step here like it is in other places. Are you using an agent? Agents aren't lawyers but they can provide ideas, insights, and concerns that you might not see or think about.
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Old 07-25-2013, 10:03 PM
 
Location: Lakewood Ranch, Florida
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We did have our agent look it over and i read it a few times as did a friend of mine who is a lawyer and nobody saw any red flags, hoping this was enough..
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Old 07-26-2013, 08:35 AM
 
Location: Lakewood Ranch, FL
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It is always up to you. I'm sure your agent has an attorney that he or she works with regularly. If there is anything in there that worries you or that you are reluctantly accepting as a requirement of the builder, it shouldn't cost much (in the overall scheme of things) to have the attorney read it and give you an opinion. FWIW, I'd bet that the vast majority of contracts never get reviewed by a buyer's attorney.
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Old 07-26-2013, 12:16 PM
 
784 posts, read 1,076,888 times
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Question for BBronson regarding this. There is a thread here from a member that is having a hard time with a LWR builder. They had a new home built and several issues are not being resolved. Does having an agent help? Would, say, you be able to assist this person if something like this occurs if they would have used an agent to buy the home? Just curious.
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Old 07-26-2013, 08:24 PM
 
Location: Lakewood Ranch, Florida
244 posts, read 352,892 times
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I also read that post and it is the same builder we are using !! atleast i will have some ammo when i go to close...
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Old 07-27-2013, 08:13 AM
 
Location: Lakewood Ranch, FL
5,653 posts, read 10,099,002 times
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Quote:
Originally Posted by saralvr View Post
Question for BBronson regarding this. There is a thread here from a member that is having a hard time with a LWR builder. They had a new home built and several issues are not being resolved. Does having an agent help? Would, say, you be able to assist this person if something like this occurs if they would have used an agent to buy the home? Just curious.
I think I put my two cents into that one.
It's my nature to try to make things work out so, to answer your question, yes I have been able to help during the purchase/construction process, and in the period after closing, but that is not to say that I (or any agent) have any sort of leverage or magical ability to get things resolved that otherwise have little chance. I've said many times that every builder at some time will have issues. It's how they handle those issues that makes the difference and, with no disrespect intended to anyone, I think the success or failure of having those things fixed depends a lot on the willingness and demeanor of the two people on either side of the telephone line. Sometimes, though, you just can't get a willing partner at the normal level so you have to move up the chain--nicely and respectfully--until you get the right person. I think most people really do want to be part of the solution, not part of the problem. It's just a matter of finding the right person and giving them that opportunity.
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