Residential Closings
Buying a house is one of the biggest transactions of your life. The Law Office of Michelle J. Donabed efficiently and effectively delivers you through the process of a successful closing. Whether you are purchasing your first home, summer home, or refinancing, our law office is ready to provide any legal services the real estate transaction may require. Our real estate transaction legal services may involve deeds, mortgages, closings, titles or purchase and sales agreements. We work with sellers, buyers and lenders in the following ways:
What Does a Closing Attorney Do?
A closing attorney will perform a wide range of services, all of which are designed to ensure that your closing goes as smoothly as possible and that you are protected against any major problems that could complicate the process. In general, a closing attorney will handle the following–
Title search. A title search refers to the process of investigating the title of a property to ensure that there are no liens against the property, that no claims against the property have been made, that the seller of the home is in rightful possession of the title, that any previous title disputes have been resolved, etc. A title search is incredibly important and ensures that the home has a clear title free of any encumbrances.
Title insurance. Even though your residential real estate attorney will be conducting a thorough title search, purchasing title insurance is still a smart choice and may be required by your mortgage lender. Essentially, this type of insurance will protect you, the buyer, from any hidden defects in the title should any emerge. Your attorney can advise you on selecting a title insurance policy.
The closing process. Of course, your attorney will be present during the closing process to guide you through the large stack of documents that you will need to sign. Depending on whether you’re a buyer or a seller, your attorney may assist you in understanding the disclosure documents, your mortgage loan, and your repayment obligations; paying off the rest of your mortgage; paying any existing real estate/property taxes and fees; transferring funds owed to realtors involved in the process; processing the loan funding; and more. Should any last-minute complications or disputes arise, your attorney will be available to advise you and advocate for your best interests.
Call Our Law Firm for Assistance with Your Residential Closing Today
Closing on a home is an exciting process that is the first step towards new opportunities and experiences. You want your home closing to go as smoothly as possible. At the office of Michelle J. Donabed, our residential closing attorney is available to represent you every step of the way and ensure that you fully understand the process. To schedule a consultation, call us directly or use the intake form on our website to send us a message.