Closing a real estate transaction requires a lot of time and effort by all of the parties involved. The initial phase is the Contract negotiation and signing where the basic price, closing date and other terms are finalized.
Following the Contract signing, a title report, a mortgage commitment and other financial and property inspection tasks are finalized. A New York City real estate closing attorney will generally assist the client with all of these matters.
Finally, at the closing the parties will need to execute documents such as a deed, mortgage papers and various tax forms and affidavits. These papers need to be prepared for signing on the closing date. The exact amount of funds necessary to finalize the purchase and pay for any outstanding items such as mortgage pay-offs and financing costs must be calculated beforehand and brought to the closing.
As experienced New York City real estate closing lawyer who can help you save time, aggravation, and disappointment, we work closely with clients in all aspects of each transaction.
During high-stakes real estate transactions, it is important to have an experienced and knowledgeable attorney to protect your interests. Our clients consider us trusted advisers as we help them navigate through every step of their real estate closings. With a variety of risks involved and the potential for the transaction to fall through, we ensure that our clients understand what is needed for an efficient and effective closing.
Many of our family law clients require assistance with real estate closings during a divorce or separation. We have experience dealing with the equitable distribution of assets during divorce and can advise you on all real property matters within a family law context.
Our first step is to meet with you to learn about your situation and discuss your options. Call 6464929700 or email us at info@asharmalaw.com to arrange a personal consultation.
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