Typically in New York State, both the buyer and seller of a property have their own attorney to represent them at the closing. While a real estate attorney isn’t legally required in some states, it simply makes sense to have someone on your side to handle one of the most important purchases of your life. Take a look at this post to get more information on the role of a real estate lawyer and why you might need one.
The closing process involves communicating offers between the buyer and seller, as well as putting together a contract and ensuring the home inspection is completed. The attorney takes care of all of this in addition to working out any issues along the way, including reviewing the title report and resolving lien issues, preparing the actual deed and transfer tax return documents, and calculating the amounts owed. Once the contract is signed by both parties, the attorney will deposit the down payment.
Your real estate attorney should help you understand all the documents involved in a real estate transaction and make sure you are being fairly represented. Documents signed during this process are legally binding, and your attorney will make sure payments are accurate.
Walter L. Rooth III Attorney has assisted clients with property sales, mortgage lending and borrowing, corporate relocation, and foreclosure and default services in New York State. We have a deep understanding of state and local government laws and can help our clients navigate them. No matter how complex the real estate transaction, we can help you negotiate on your behalf and make sure the process is as stress-free as possible.
Contact us today to schedule a consultation. We assist those in Hamburg, Orchard Park, West Seneca and the surrounding areas with their real estate needs.