It’s finally time for your real estate closing. Closing day is the final and most important step in the moving process. After your real estate closing, you’ll possess full legal ownership of your property. Having an attorney present is the best way to ensure that you don’t run into any snags during the closing. Your attorney will make sure the transfer is legally binding and in your best interest.
Are You Required to Hire a Real Estate Attorney?
Some states require a real estate attorney to supervise real estate transactions and be present at closing. However, they are always normally involved in financial transactions that occur before the signing. It all depends on the expectations for real estate attorneys of that particular state.
If you don’t live in a state that requires a real estate attorney to be present during your closing, it’s up to you whether you want to hire one. Some people may refuse professional help if they have confidence in their own knowledge. However, hiring an attorney is always recommended if you’re dealing with a complex or unique closing.
How An Attorney Can Help You
There are many documents pertaining to real estate closings that an attorney can help with. Most attorneys are equipped with the training to help break down any and every contract and document that you’re responsible for signing.
As closing day approaches, the attorney will coordinate with the lender for the preparation and delivery of numerous documents to be signed, including the mortgage and title transfer. The closing attorney will also coordinate with the seller to receive the deed to the property, final utility bills, and other important certificates. These are just some of the responsibilities of a real estate attorney on closing day.
Professional & Trustworthy Real Estate Attorneys
Real estate closings can be stressful, and no matter how much experience you have, there’s no shame in consulting a professional. Our team of experienced real estate attorneys at DaMore Law are here to ensure your next closing goes smoothly. Call us today to schedule an appointment with a legal professional.