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Despite what you might think, buying or selling your home does not have to be a complicated process. Yet , many buyers and sellers feel intimidated by a lack of legal knowledge when they encounter closing documents. As lawyers and experienced title professionals, we work closely with our clients to demystify the process, answer any questions they may have, and ensure that their real estate transaction proceeds as smooth as possible.
Our office only allows Attorney's to facilitate every step of the transaction as an added layer of protection.
Whether you are a buyer or a seller, a clear title is critical in a real estate transaction. Before closing we will conduct a title examination, which includes evaluating any restrictions, easements, encroachments, and any other factors limiting the seller’s ability to transfer ownership. In addition, we will look at mortgages on the property and determine if any mortgages must be satisfied before closing can occur. If there are any concerns about the status of title, we will address them with you during this process.
Title insurance protects buyers in the event that there is a problem with the title to the property in the future. Once we have conducted a title examination, we will provide a title commitment through our underwriter about the status of the title. If accepted, we will issue a title commitment, which contains the terms, conditions, and exclusions that will be included in your insurance policy. The title commitment also operates as a “to-do list” of things that we will need to clear and satisfy in order to insure a clear title to the property. Once all steps have been completed and all documents have been recorded, the title policy will be issued.
There are many parties involved in a real estate transaction, and even more moving parts. As closing attorneys, it is our job to coordinate all of these moving pieces to ensure that the transaction is closed as efficiently as possible. Open and timely communication is essential for a successful closing. We pride ourselves on prompt attention to your needs, ensuring that all parties are notified as we prepare the settlement statement, coordinate important dates and document signatures, and confirm available funds needed for closing.
Once closing occurs, we record and disburse funds. We finalize all necessary documents, prepare the final title policy and handle any matters that are still pending post-closing.
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Click the above button to download a complimentary closing cost estimator.
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