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Real Estate Closings
Whether you are buying or selling real estate, it can be a stressful process. After all, real estate is a major investment, and with many moving legal and financial parts, it can be difficult to navigate everything that is required during real estate transactions. One small mistake could result in serious delays or legal problems during the process.
What is a real estate closing?
The most important part of any real estate transaction is the closing. The closing is the final execution of every agreement that has been made between the buyer, seller, and lender for the purchase and financing of the real estate in question. All important documents are distributed among the relevant parties, and funds are exchanged. The buyer provides the seller with the down payment and other relevant fees, and the seller provides the buyer the title, deed, and other pertinent documents. It is crucial that every element of your real estate closing is properly handled. From contract review to financing to title insurance, there are many considerations to make during a real estate transaction, and one small mistake could significantly delay the process.
What does a real estate closing attorney do?
The role of the real estate closing attorney is to keep all of the legal processes and documents relevant to the transaction organized. Keep in mind the sheer volume of paperwork that is involved in a complicated legal process like a real estate transaction. There are dozens of required documents for every part of the transaction, all coming from different parties who also need to be coordinated with each other. Because of the level of attention to detail required for these processes, it is essential that you have a legal expert on hand to ensure everything goes smoothly. From reviewing tax adjustments to transferring HOA ownership interests to acquiring title insurance, a real estate closing attorney will do everything necessary to ensure a smooth transition during your real estate transaction.
How can Moree Law help?
As a trusted real estate law firm in Wilmington, NC, Moree Law has extensive experience in real estate closings, and can guide you through the entire process to help you protect your investment. Our real estate lawyer prides himself on being approachable and transparent, so you can feel comfortable coming to him about your concerns during the real estate closing process. When you need a real estate closing attorney in Wilmington, trust Moree Law.