Category: Real Estate Closing Lawyer

TOP FIVE REASONS IT’S BONKERS TO GO WITHOUT THE TITLE ATTORNEYS!

Buying a home is the biggest financial and emotional investment most of us will ever make. Still, so many people do it without a Title Attorney. Basically, they’re joining risk for a free fall.

Hiring a real estate attorney is critical to protecting your interests and your future. Real estate is riddled with paperwork, confusing clauses, rules and regs, and big problems disguised as tiny type.

A good Title Attorney is your advocate with a deep understanding of real estate law and all the pitfalls that might turn your dream home into a nightmare. Don’t take chances. Here are the Top 5 Reasons you need a Title Attorney.

#1 Clarity
Someone has to read all the documents and understand what it all means. Hiring an attorney from the onset of your real estate transaction to review all agreements and contracts and assist in negotiations will ensure the maximum level of transparency and comfort. Whenever you don’t understand a term or part of the process, you can rely on your lawyer to clarify any vague language and ensure your requirements are properly communicated, represented, and documented along the way.

#2 Savings
The upfront fees of hiring a real estate attorney are nothing in comparison to the possible financial impact of getting things wrong down the line. A real estate attorney will safeguard you and your investment by thoroughly reviewing all legal documentation, handling negotiations as your advocate, and asking the questions you may not know to ask. When it comes to dealing with one of the biggest investments of your life, the financial savings and knowledge a real estate attorney provides is priceless.

#3 Experience
Even if this is not your first real estate purchase, your real estate attorney has gone through this process more times than you ever will in a lifetime. They have the institutional knowledge of working daily in the industry and have their fingers on the pulse of state and local laws. It’s especially for those with unique real estate ventures, like new construction, zoning disputes or a historic location to have legal support to mitigate any risks that could delay, if not derail, the purchase.

#4 Closing
Though not every state requires a real estate attorney to be present at closing, all property buyers benefit from legal support. There are multiple moving parts to the closing process, including the mortgage, title insurance, the deed and final inspection. Hiring a lawyer to review, adjust and prepare all closing documentation is a huge weight lifted off your shoulders and ensures you and your assets are properly protected. Owning property is a big investment, and the security of an experienced attorney handling your closing will ensure a timely and successful transaction.

#5 Protection
A real estate attorney works for you, represents your needs, and will negotiate on your behalf during the real estate purchasing process. A good lawyer will walk you step-by-step through the complications of real estate transactions, and act as a safeguard, protecting you from problems and issues that the untrained eye simply cannot identify or predict. With the support of sound legal counsel, you enjoy the peace of mind that comes with knowing you, your family and your investments are protected.

At Capital Abstract & Title, we take the unnecessary risk out of real estate purchases. To learn more about how we can support and protect you, give us a call at 954.344.8420 or visit us online at capitalabstract.com.

[Infographic] E-Closing: The Easiest Way to Complete a Real Estate Closing

[Infographic] E-Closing: The Easiest Way to Complete a Real Estate Closing
[Infographic] E-Closing: The Easiest Way to Complete a Real Estate Closing

Essential Tasks of a Real Estate Closing Lawyer

When planning to invest in real estate, sell a property, or buy a new home, you should ask whether you need a real estate closing lawyer. Buying, selling, and investing in real estate is an expensive proposition, which is why it is best to have a closing lawyer Boca Raton with you.

However, many people make the mistake of not hiring a real estate closing lawyer to save on the lawyers’ fees. It is crucial to note that not having a real estate closing lawyer to help you with buying or selling a property can lead to serious trouble in the long run. Not hiring an attorney will end up costing you much more money.

How Can A Real Estate Closing Lawyer Help You

The process of a real estate closing can be a nightmare, especially when you don’t have an attorney to help you. This is because a professional real estate closing attorney will review each step of the process. As a result, the attorney will be able to easily identify and resolve problems.

One of the added advantages of hiring a real estate closing lawyer is that you will always have someone looking out for your best interest. If you are planning to purchase a new property, then the attorney will help you with the following things:

Title Examination

Ensures that all conditions and requirements of the contract are completed upon the real estate closing

Makes necessary arrangements for the Title Insurance coverage

Records all legal documents and deeds

Communicates with the lender on your behalf

If you wish to know more about what services are offered by a closing lawyer Boca Raton, all you need to do is to get in touch with us and we will take care of the rest.

What Does A Real Estate Closing Lawyer Do For You?

It doesn’t matter whether you are selling or buying a property, it is best to have a real estate closing attorney with you. The attorney will make sure that everyone understands the complicated real estate closing process and everything is done accurately.

Real estate closings are not a simple and straightforward process, especially if you are new to this complex world. This is why most sellers and buyers seek the help of a real estate closing or title lawyer Boca Raton. If you are wondering what a real estate closing lawyer does, we are here to help you understand that.

Title Examination

It is essential for the lender and buyer to have a clear property title for real estate closings. After receiving the purchase order, the real estate closing attorney will thoroughly examine the property title. The attorney will evaluate things like encroachments, easement, and restrictions during the title examination.

In addition to that, a real estate closing attorney will also check if the property title gives the right for the seller to sell his property to the buyer. This will help attorneys to identify if there are any pending mortgages that need to be paid before transferring the title.

Title Insurance

Title insurance is important when it comes to real estate closings because it will offer protection to both the buyer and seller if there happens to be an issue with the title in the future.

Get in touch with an experienced Title Lawyer Boca Raton who will help you with drafting an opinion about the property title. This document is required for issuing the title binder, which is an essential requirement for getting title insurance. Title insurance will protect the rights of the buyer to the property, which is why you should definitely have it.