Real Estate Law
Do I need an attorney for my real estate transaction?
Yes! Every real estate transaction you enter into is likely to be one of, if not the, largest legal and financial transaction in your lifetime. Real estate contracts are complicated, filled with important details and deadlines requiring you to understand what is said as well as what is not said. Having a trusted attorney to provide that guidance, insight and understanding is vital to allow you to make decisions that are in your best interest.
RESIDENTIAL CLOSING SERVICES
Services for Property Sellers Include:
- Ordering title insurance and survey
- Reviewing and clearing title once received
- Guiding you to obtain your mortgage payoff(s)
- Arranging or obtaining a paid assessment letter (for condos and townhomes)
- Assisting to meet any transfer requirements for the town/city /village in which you live
- Preparing all closing documents
- Reviewing your inspection report and requesting repairs or credits if necessary
- Informing and updating your mortgage specialist regarding activity
- Requesting extensions under your mortgage contingency, if necessary
- Reviewing all loan documents with you during closing, in easy to understand terms
- Reviewing and explaining all legal documents that are transferring titles (both real and personal property)
- Assuring the recording of the Deed and proper issuance of Owner's Policy
Services for Property Sellers and Property Buyers Include:
- All services above, as applicable
- Arranging for specific transaction requirements, such as Tenant Rolls, Assignments, land trust considerations and initial consultation for Starker 1031 exchanges
I will quote my fee to you at the beginning of your transaction to avoid surprises. My fee for closing services is normally fixed, ranging from $650-$2,500. Certain special circumstances can impact your fee, but I will do my best to let you know this ahead of time or at the time something comes up in the course of your transaction which is unexpected.
My fee does not include additional transaction costs from third parties, for example: survey, association fees, Realtor fees, title insurance, transfer stamps, inspection fees, or taxes.
