I am a closing attorney and the following is a description of my services. When buying a house an empty lot, commercial or industrial property, you as the purchaser may ask, ‘what is the role of the closing attorney? There are five primary functions handled by...
Buyer and seller should be informed what are the closing costs that each party must pay. The seller must pay: Sales commissions to the real estate agent, (unless it is a sale that did not involve an agent). Property tax. Homeowners’ association fees, if within a...
This outline has been prepared on the basis of a standard cash purchase transaction. Of course there are many variables that can occur, and the timeline is always subject to the Offer to Acquire and the dates established for deposit and action. While every effort will...