Categories for Real Estate Attorney

Five Legal Elements of Every Home Purchase in Florida

March 27, 2020

If you are considering a home purchase in Florida in the future, it is important to know how to protect yourself as the buyer. Buying a home will likely be the largest investment you will make in your life, and there are numerous things that can go wrong. Fortunately, legitimate home purchase transactions should contain the same elements, and if something is missing, it is likely time to contact a real estate lawyer in Miami, FL. Here are five elements involved with Florida home purchases: Purchase and sale agreement: This is the first document provided to the prospective buyer. It... View Article

How to Safeguard Against Fraud When You Buy Property

January 28, 2020

For many people, real estate purchases are some of the biggest investments they’ll make in their entire lives—which is why it’s so important to protect against fraud. If your purchase is anything less than airtight, the financial consequences can be devastating. That’s why it’s smart to hire a real estate lawyer in Miami, FL. We can help you make sure everything is above board before you sign on the dotted line. Here are our best tips for making sure you’re not a victim of property fraud: Do your research: Buying property should not be a decision entered into lightly. The... View Article

Why Should I Hire a Real Estate Attorney Before Purchasing a Home?

December 3, 2019

Buying a home is one of life’s biggest milestones, but it can also be an overwhelming and frustrating task. It’s a personal purchase that comes with a lot of red tape and legal requirements that you may not be familiar with. Hiring a real estate lawyer in Miami, FL can save you hours and frustration. While it’s not legally required in most states, the benefits—including your peace of mind—far outweigh the cost. Real estate attorneys generally handle documents such as purchase agreements, mortgages and title or transfer documents. They’re trained in how the law and homebuying intersect, and can act... View Article

What Is Private Mortgage Insurance?

July 10, 2019

Private mortgage insurance exists to protect your lender in the event you default on your mortgage payments. In most cases, a lender will require you to purchase PMI if you put down less than 15 or 20 percent on your home purchase. The PMI cost then gets automatically added to the amount you pay on your mortgage each month. Over the course of time, these PMI payments can really begin to add up, so you’ll want to get those costs removed eventually. To do that, your lender will likely require you to have reached a certain amount of accumulated equity... View Article

The Advantages of Owning vs. Renting a Home

June 26, 2019

For many Americans, homeownership is a big part of the American dream. Of course, home ownership isn’t all sunshine and roses—it’s a big financial commitment and a whole lot of work. This makes purchasing a home one of the biggest decisions you’ll ever make in your life. If you’re currently at a time in your life where you’re renting and are considering buying a home, it’s very important for you to weigh whether or not this is the right decision. As part of your consideration, you should consider the many advantages that come with homeownership over renting a home. Here... View Article

Rubén J. Padrón, PA