Legal Question in Real Estate Law in Florida
I am planning on buying a house using cash. The original mortgage on the house is paid off and the owners would prefer a buyer who will pay the full amount or get a mortgage on their own. We prefer to buy it for cash. How is this done? Do we need a lawyer and are there any closing costs or other fees we should be aware of before buying?
2 Answers from Attorneys
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Yes you need a lawyer to prepare the contract and verify good title.