Buying a home is a significant life decision. There are several legal considerations to keep in mind before you sign the contract. To ensure a smooth experience, consider hiring a real estate attorney in Santa Rosa when buying a home.
A real estate attorney specializes in legal matters related to properties. Your real estate attorney will prepare and review mortgage documents, transfer documents, title documents, and purchase agreements. They will check whether the property you are interested in buying has a clear title.
Your real estate attorney will resolve real estate disputes such as lot line problems, chain of title, and problems related to contracts. If a dispute reaches court, your attorney will represent you.
A real estate attorney is responsible for writing title insurance policies and completing title searches on the property. Your attorney will use a reputable insurance company to investigate the information surrounding the title. The professional will seek answers to important questions such as:
- Are there any unpaid mortgages or liens?
- Is the seller the legal owner of the property?
- Are there any existing restrictions or easements that can interfere with your use of the property?
If you decide to finance your property, your real estate attorney will make sure the HUD-1 settlement statement is completed.
Your lawyer will help you with surveys and inspections. The professional will obtain a cesspool certificate and certificate of occupancy or compliance.
Many states require that a real estate attorney be present at closing. Your attorney will review all of the paperwork in advance and inform you about the problems. At the closing, your lawyer will represent your interests. They will make sure all the requisites are met, and the transfer is legal, binding, and in your best interests.
The professional will supervise the transfer of funds between you, the seller, the lender, and other parties. They will explain financial matters related to the purchase.
Your attorney will prepare necessary documents, such as the settlement statement, contract, deed, affidavits, and escrow agreements, before the closing.
After the Closing
After home closing, your attorney will prepare a final settlement statement. They will make sure all the necessary documents have been filed. A final settlement statement must contain all the papers involved in the closing, including the deed, survey and inspection reports, and mortgage documents.
Are you looking for a reliable real estate attorney who can help you navigate the homebuying process? Look no further than Johnston Thomas Law. We have assembled an A- team of real estate attorneys in Santa Rosa. Our team will guide you through every stage of homebuying, and answer any questions you may have. To talk to one of our legal experts, call 707-545-6542.