Real Estate Closings
At first, a real estate closing may seem straightforward; you show up at closing, pay required fees, and walk away with a new piece of property. Easy, right? Well, it is not quite that simple. Many hours are required to make sure each real estate closing runs smoothly with attorney behind the scenes investigating legal issues for each specific property, drafting closing documents, reaching out to title companies, researching the property in question, and much more. In addition, some states—with New York being among them—require attorneys to conduct real estate closings.
Real estate attorneys typically assist with three areas during real estate closings. First, attorneys are required to draft and finalize purchase contracts. This comes in handy, especially when there are contractual issues with the purchase involving any out-of-the ordinary elements. Second, attorneys can draft and discuss amendments to the standard contract, which can help to protect your interests. Lastly, titles are searched for and attorneys often oversee the closing to ensure everything is done by the book.
Igunbor & Igunbor is experienced with real estate closings and focus on both residential and commercial transactions. To learn more about our real estate closing services, and how best we can assist, contact us.