Do I Need an Attorney to Buy a Home in Florida?

The decision to sell or purchase a home is one of the biggest financial decisions most people will ever make so it is wise to consult with an attorney. In Winter Park Florida, the median home price is near $320,000 with homes in the upper value range exceeding a million dollars. It is wise to protect such a large financial investment from the beginning of the real estate transaction. You may want to save closing fee costs and will think to yourself: Do I need an attorney to buy a home in Florida? The answer is can you afford not to? Do I Need an Attorney to Buy a Home in Florida? When you consider purchase prices in the hundreds of thousands of dollars, consulting an experienced attorney before, during and even after the sale is prudent advice. Problems can occur at any step in the transaction, so having an experienced real estate attorney can save you money in the end.  Eric Lanigan of Lanigan and Lanigan, P.L., provides consultations to buyers and sellers as well as the many professionals involved in each step of the real estate transaction. It is better to consult with an attorney early in the process rather than risk litigation after the fact.  Hire an Attorney Before the Sale The document to list your home for sale is a legal document. This document spells out the details surrounding the sale of your home. The contract details the pricing, commission rates, exclusions of personal property and possible penalties should the seller cancel the contract. The Disclosure Form The seller prepares the disclosure document as a tool to...

Choosing an Experienced Attorney? Include In-Person Meet

  Click to Listen. Right Click Audio as it’s playing to download to your device.   Choosing the best attorney possible to represent you in a  legal situation is a complicated process. The decision process varies, but at the end of the day, everyone wants an attorney who will be able to deliver the legal defense to achieve the desired actions or results. It’s not possible to guarantee the outcome of any legal scenario nor is it legal or allowed to be claimed by any attorney. To get to know more about Eric Lanigan and Roddy Lanigan, please visit the Lanigan&Lanigan YouTube channel. The introductory video is called, “Eric Lanigan and Roddy Lanigan Winter Park Florida Attorneys.” When looking for the top Florida attorney, rankings, ratings, stories and websites will be carefully reviewed to see if what the lawyer shares and discusses online is clear. Many people get referrals from friends, relatives or take the time to research online. No matter what is on a legal website representing the attorney, it’s imperative that you meet with attorneys before hiring them to ask questions and see if there’s a fit between the case, the lawyer’s practice area and experience. Get to know the attorney because when it gets right down to how much the case or legal service will cost at the end of the research and referrals, the decision to hire a Florida lawyer is very personal.  Coming to a final decision is not easy.  Winter Park real estate, business and civil, securities and investment losses lawyer Eric Lanigan has practiced Florida law since 1976. As a partner at Lanigan and...

Questionable Investments? They May Truly Be Bad

An accused south Florida man is alleged to have ripped off hundreds of investors for more than $3 million in five months. The man was found, tracked down by police after many moves and addresses having relocated to Staten Island, New York. Edward Ozimkowski, 45, was accused in Broward County, Fla., of participating in a boiler-room scheme where he and 15 staff members sold real stocks that they were not licensed to sell in Florida or elsewhere. The scheme involved the 15 people calling unsuspecting victims to pitch them on legitimate stocks in green energy companies. The problem lies in the fact that the group setup a fake company was called FMN Holdings and sold real stocks but were unlicensed. Fees were collected without a securities license and then kept by the alleged criminals. The crew took the money and spent it without investing any of the money for clients. More than 130 people fell victim to Ozimkowski and the team across the country from April to September in 2009. The stock sold by the phony company was legitimate: Green LED Technology, an LED lighting seller based in Dania, Fla., and Helix Wind Inc., a California-based seller of wind turbines, according to authorities. Eric Lanigan and Roddy Lanigan have represented clients who have lost money invested by investors or investment firms who have pulled the wool over the eyes of innocent people who have entrusted investors with their money and have been ripped off in the following ways: —Fraud and misrepresentation of information: Investors may overpromise results on returns on investment by leaving out key details or misrepresenting, or...

JP Morgan Chase Not Likely to Forget $543 Million Settlement

JP Morgan Chase was sued by thousands who accused Chase of ignoring signs of wrongdoing in the Bernie Madoff Ponzi scheme to benefit financially from the con man’s business. A New York bankruptcy court judge settled the $543 million lawsuit in favor off the plaintiffs who said that the negligence alleged the bank helped perpetuate Madoff’s scam for years by ignoring signs of fraud. To date, financial recovery for Madoff victims is $10 billion, or 59 percent of the $17 billion in principal lost by customers in Madoff’s investment advisory business. Efforts by  federal investigators and a trustee have resulted in a total recovery for victims of almost $14 billion, or 82 percent of the lost principal. Meanwhile, 200 additional Madoff victims are intending to file a suit against JP Morgan Chase. While this group of victims actually received revenue from Madoff they are suing the bank. Madoff is 75 years old but in 2009 began serving a 150-year sentence for a Ponzi scheme that took money from investors to pay off new investors, but was never actually invested as promised. But Wait, There’s $615 Million More Due from JP Morgan Chase As if $543 million in lawsuit debt wasn’t enough, JP Morgan Chase, agreed to settle claims it improperly approved Federal Housing Administration (FHA) and Veterans Affairs (VA) loans ineligible for insurance because the didn’t meet underwriting requirements The Associate Attorney General said this settlement “recovers wrongfully claimed funds for vital government programs that gives millions of Americans the opportunity to own a home and sends a clear message that we will take appropriately aggressive action against financial...

Lawsuits Against Loan Industry Continue

Standard & Poor’s May Face $5 Billion Lawsuit The U.S. Department of Justice has a possible $5 billion lawsuit against the powerful ratings agency Standard and Poor’s. The U.S. suit is pending in California court and asks for an accounting of S&P evaluations made on mortgage-backed securities in the lead-up to the 2008 financial crisis. Denying wrongdoing, S&P says it has not committed fraud or provided anything other than very inaccurate decisions and forecasts regarding grades. If the federal government can prove  its alleged intentional deception to shape its fraud case, billions of dollars in damages are on the line. The key will be whether whether government attorneys can get current and former S&P analysts to say in scheduled depositions that they know they were approving securities that were not in fact AAA rated, yet were rated as such by S&P. As many as nine current and former employees of McGraw Hill Financial Inc.’s Standard & Poor’s unit may be questioned by U.S. Justice Department along with six current collateralized-debt obligation analysts who graded the products. The Justice Department last year accused S&P of lying about its ratings being free of conflicts of interest  while S&P is looking to prove that the lawsuit is political in response to S&P downgrading U.S. debt and being the only body to do so.    JP Morgan Chase Pays $1.45 Million Harassment Settlement JP Morgan Chase wasn’t available to comment about its paying a $1.45 million settlement to 16 female employees sexually harassed by co-workers. The alleged actions occurred at offices located outside of Columbus, Ohio, where the EEOC filed the lawsuit after trying...

Attorney Contract Reviews Prevent Florida Real Estate Scams

Florida is wrought with real estate scams heightened by a poor economy, desperate criminals and an abundance of eager investors in sunshine state properties. Florida is known by criminals for having a high number of seniors, retirees, vacationing people with a higher than average amount of disposable income, retirement accounts, savings and investing revenue. The large pool of vulnerable people who are likely to have retirement funds, increases the number of criminals seeking easier victims and targets. Winter Park, Florida, real estate lawyer Eric Lanigan warns all real estate investors–within or outside the United States–to take every precaution and be very wary if buying property in Florida. “If you’re buying land, a vacation home, timeshare, rental or investment property, commercial, new development…get the contract to an experienced real estate attorney for review,” Lanigan said. “There is documentation available to prospective buyers about the land and property that is going to be purchased. An everyday person may not know to ask or where to go to find property information. A good lawyer will tell you to get it and will review it before you consider purchasing anything.” Listen to Your Gut and Look for Red Flags There are precautions that may be taken to protect against being scammed by clever and convincing criminals who sell real estate in Florida. Lanigan has handled many real estate scam cases for clients inside and out of Florida. “Paperwork may be falsified to the point where the person showing you a property is not a realtor, is not licensed. So the first thing you need to do is be certain that you’re working with...

Obtaining a Green Card Through Relationships

The Lanigans have assisted multinational corporations, international businesses, national and state businesses and foreign nationals with immigration needs. The Lanigans prepare documentation for employment visa petitions and for Defense of Deportation cases in Immigration Court. The Lanigan staff speaks English, Spanish, and Polish.

Business Asset Protection Secures What’s Owned, Big or Small

Opening a small business is no easy feat. Incorporating, forming a partnership, launching a 501©3, opening a store, leasing a location, building a new medical practice requires more than a bank account, and getting a state, county, city license and tax identification number. While organizing and filing the proper paperwork is imperative to forming a business in the state of Florida, business ownership and starting a business includes asset protection which requires a meeting with an experienced asset protection attorney. Finding money to defend a business from a lawsuit is not on the list of things to do unless assets are left unprotected. Asset protection is one of the first things that Winter Park, Florida, law firm Lanigan and Lanigan recommend for new business owners. Asset protection is the legal protection of assets: property, savings, investments, cars, homes, etc., and if you’re sued you won’t losing everything. It doesn’t matter if you own a lot or a little, but if you’re a small business that gets sued, anything that you own can be lost in a settlement. Secure the future of a business no matter if you’re independently wealthy, launching with bank loans or saving every penny that comes in, by meeting with Eric Lanigan or Roddy Lanigan for asset planning. An asset protection lawyer can structure the company from start to finish, the right way, to protect its assets should the company be sued. If you don’t believe a lawsuit can happen to you, there are millions of people sued every year. It’s estimated that a new lawsuit gets filed every 30 seconds and there are over 100 million...

Aggressive Representation With a Personal Touch

Winter Park, Florida, law firm Lanigan & Lanigan, P.L., partner Eric A. Lanigan and Roddy B. Lanigan provide clients with experience and personal attention to every case. Eric has practiced Florida law since 1976; Roddy, since 2007. Together the Florida attorneys provide aggressive representation with a personal touch. The Lanigans provide a wide range of business and civil, financial, student loan debt, and real estate legal services to clients in Florida and across the U.S., Europe, and Asia. Aggressive Representation With a Personal Touch The Lanigans are passionate about the practice of law and attend to every client and each case personally. Whether you’re a one-person company, a family business, or a corporation, a parent, a couple or an individual, the Lanigans will address your case with you from the moment the first meeting takes place through the resolution of the legal issue you have. If you’re facing a legal problem and have to fight for yourself or for your business, consult with the Lanigans for legal direction. A key facet of any legal case is timing and the oher is the lawyer you choose to represent you. It’s imperative that you contact the Lanigans when the legal issue comes up. Don’t wait for the situation to worsen, or to see if it will work itself out. By working with the Lanigans, you have experienced attorneys who don’t back down from a fight. The Lanigans provide the representation and the action that you ask for.   When to Litigate, When to Negotiate Florida has many skilled attorneys. When clients need aggressive representation, tempered with experience and the knowledge to discern whether...

Have Attorney Review Florida Real Estate Disclosure Documents

It’s imperative that as a seller of any Florida property you openly disclose all known facts that will affect the property value in the past, present or future. The Florida property seller is obligated to disclose what’s known of the material issues, problems, faults, or possible issues that are not readily observable to prospective buyers. Winter Park, Florida, and Orlando, Florida, real estate lawyers Eric Lanigan and Roddy Lanigan recommend real estate seller’s disclosure documents be reviewed by attorneys before signing. The review catches errors, omissions and language that should or should not be present in the final agreements made on any real estate deal. From new homes to commercial property sales, the Lanigans suggest that buyers and sellers are careful to include thorough seller’s disclosure documents to prevent future misunderstandings and any legal issues that may arise. Water Issues Whether the roofing is faulty, shoddy, or not to code or the basement wall faults that have or may cause leaks “on occasion” that may cause water to pool, drip, drain or sit in the basement be fully disclosed by sellers. If the work is completed and the leak is repaired knowing who’s responsible in the Florida seller’s disclosure laws is imperative. If you think you know them, if you’re sure that you know them or if you aren’t sure, be sure to have an attorney review them first before executing the contract. Pests If you’re the seller and you know of past, present or possible termites or other pest problems (rodents, bugs, birds, etc.,) that enter or damage the home regularly, seasonally or in the past are you familiar...