The decision to buy a home is a critical one and you will invest a significant amount of your personal finances to acquire the new property. So, you definitely want the process to go smoothly, without any hidden costs or complications. To get the perfect home, you should search for one that not only appeals to your taste but one that matches your pocket.
Once you have identified the ideal property, you’ll need to secure a mortgage. After that, you’ll be ready for the closing. The following post explains what you should do during a closing:
Once an offer on a house is accepted and the contract signed, it may seem like the hard work is over, but an easy closing is not guaranteed.
Planning and communication are crucial to a successful real estate closing, real estate experts say.
When you find the right house, make sure all the necessary certificates of occupancy are in place, says Susan Owen, an agent with Coldwell Banker Residential Brokerage in Ronkonkoma. There should be a clear title that includes no open permits or liens against the property or homeowner. Read more at News Day…
Your real estate attorney is instrumental during the closing process. For instance, he checks the title of the property to ensure that it can be transferred to you. He then identifies mortgages that are registered against the title and ensures they are either removed or satisfied before the closing.
Your closing attorney will liaise with all the parties that will be involved in the closing, including the seller, the lenders, real estate brokers and you, the buyer. The following post explains the importance of an attorney during the closing:
Your Real Estate Attorney Is Loyal to You
If you hire a real estate attorney to represent you, you are always going to get the unadulterated truth. While having a real estate agent is also helpful, only a lawyer can determine what is always in your best interest legally.
Negotiating a Good Sales Price
After getting an appraisal on the property you want to purchase, your lawyer may recommend that you request a lower price. Your attorney can make a logical and factual argument presenting all the reasons that you should lower your offer, and you will be able to learn from your attorney if you are making a smart investment. Sometimes home buyers pay more for property than they have to simply because they aren’t aware of all mitigating factors. Read more at Fine Homes And Living…
A good closing attorney is one with an eye for detail and is highly organized, with good coordination skills.
Thanks to technological advancements, real estate closings have become much more convenient than they were before. The following post describes how technology can increase your convenience when making a real estate closing:
Aside from the reduction in paperwork, electronic closings stand to provide tremendous convenience and value to consumers. The Consumer Financial Protection Bureau (“CFPB”) ran a study which found that electronic mortgage closings can benefit the consumer. “While technology alone will not address all consumer concerns in the closing process, our study showed that eClosings do offer the potential to make the process less complex,” said CFPB Director Richard Cordray. “We expect this pilot project and its findings to help inform further innovation that will be a win-win for consumers and industry alike.” Read more at LinkedIn…
You can hold meetings with your closing attorney online and this makes the process easier and faster.
If you need a qualified and dedicated real estate closing attorney in Charlotte, then Meek Law Firm South is here for you. You can also learn more about us by visiting our website. Call us today at (704) 800-5901 and we will be happy to speak with you and offer you excellent services.