The Florida real estate market has seen a substantial dip in the past few months. For homeowners and businesses this has been a disappointing time. But for buyers, investors, and new companies, now is a great time to find a deal on a piece of real estate. Purchase demands are remarkably low and foreclosures are up, which means that if you are eligible for loans, you might be able to find what you want at a much lower cost than one or two years ago.

However, not every seller and lender is as ethical as you would like them to be. Because a real estate contract is legally binding, even if it was poorly or deceitfully written, buyers’ eagerness to find a great deal on real estate is making them a prime target for predatory lenders.

If you are considering purchasing a home or other piece of real estate, now more than ever you should be sure to have a trusted advisor with knowledge about real estate law review the contract and insure that everything is above board and easy for you to understand.

If you are in the Lee County, Fort Myers, or Cape Coral, Florida areas, please contact us today and let Lusk, Drasites, Tolisano & Smith, P.A., protect you from predatory lenders.