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Residential Real Estate Closing

Transferring the title? Don’t let this major event is life be stressful! Get the help of our real estate closing attorneys to ease the stress of the closing process. It is most important to have our real estate closing attorneys  review all documents before and at closing of the property transfer. The agreements in the contract may be confusing or misleading. With the help of knowledgeable real estate closing attorneys on both sides of the buyer and seller, it ensures one of the parties is not taken advantage of.

Don’t sign anything until our real estate closing attorneys reviews the contract! Contact our Real Estate Closing Attorneys to review and help with the closing or purchasing of the home.

Some common situations that real estate closing attorneys review include:

  • Purchase agreement
  • Outstanding encumbrances
  • Unpaid taxes
  • Liens
  • Closing documents
  • Deed to home

The transfer of title is the smallest portion of the closing process. The owner and buyer must thoroughly review the documents at closing. In most cases, there is a time limit prior to closing that a lawyer may review and adjust the contract in question. It is best to use this time to the advantage of the buyer to successfully transfer the title to their name.

The buyer and seller should have the help of a lawyer in the mortgage, deeds, and closing process. Without a lawyer, a misinterpreted contract may lead to the transfer of the title back to the original owner. Or, there may be needed modification to meet the special needs of buyer. A residential real estate lawyer will negotiate favorable terms for the buyer and seller.

Don’t sign anything until our real estate closing attorneys review the contract! Contact our Residential Real Estate Closing Attorneys to review and help with the closing or purchasing of the home.

 

 
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  Did You Know?
 

The garage is not considered in the square footage of a home.
A garage that is attached to the home is not considered part of the home's square footage.  Only livable space is considered in the square footage calculation.

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RESPA protects certain types of transactions.

Federally related mortgage loan transactions, such as loans secured by a lien on residential property. This includes: refinances, home purchase loans, lender approved assumptions, equity lines of credit, property improvement loans, and reverse mortgages.

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According to real estate case law, second mortgage tax deduction on undeveloped land is not allowed.

Real estate case law states that you must have begun construction of a building on the land that and occupied within 24 months to submit a tax deduction. Otherwise, the land is an investment and the interest paid on the second mortgage does not qualify.

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