The Link Between Foreclosures and Hiring of inexperienced Real Estate Attorneys

Thu 12th Jun, 2014 | Blog by Michael Michetti

Is there a link between foreclosures and the hiring of inexperienced real estate attorneys?

According to The Florida Current’s December 13, 2012 article, Florida has topped the foreclosure list for the third straight month. The sunshine state has taken a beating in the crash of the real estate market. There have been numerous times since the downturn where Florida has had the highest number of foreclosures in the entire country.

Could the rising numbers of foreclosures have anything to do with homebuyers being lead by a poor, inexperienced real estate attorney? One could for sure say probably. For most, buying a home or commercial property tends to be a daunting experience.

For starters, you could go to a bank that just might approve you for a mortgage way beyond your means, which can drastically, and negatively, affect your financial stability. From there, things can get even worse when you move through the process and buy a house you obviously can’t afford, eventually leading to foreclosure.

Protect your impending investment and hire a reputable real estate law firm. A professional real estate attorney will do their job correctly, be upfront and honest from the get-go to ensure you’re making enlightened decisions. A good attorney will advise you when a deal seems sour and when pieces are missing to the puzzle.

At our firm, your interests are always put first. Making sure you get a great deal, ensuring contracts are correct and that the home or commercial property is up to code are all standards our clients can expect and get from us. Don’t fall victim to the real estate crisis and lose your home, contact our office today to get real, trustworthy real estate assistance.