Real Estate Lawyer
When dealing with a real estate issue, you should contact an experienced real estate lawyer to discuss your purchase, sale, or legal matter.
Purchasing or selling a property? Danziger Legal PLLC is experienced in purchases and sales of homes in the Greater New York City area and Westchester County. Our attorneys are knowledgeable about the contract and closing issues that sometimes arise in a purchase and sale. We are pleased to offer our services for a reasonable flat fee for straightforward real estate transactions.
Real Estate Closing Attorney
The real estate closing or “closing of title” is the meeting where the real estate sale is finalized. Usually, the seller and her attorney, the buyer and his attorney, the bank attorney (or attorney for the lender), and the title company attend this meeting. At a typical Closing, the Deed of Sale is signed by the Sellers, which transfers ownership interest over to the buyer. In New York, it is customary for the Seller to provide a Bargain and Sale Deed but this varies depending on the details of the transaction. If the buyer is borrowing money to purchase the property, she signs loan documents including the important Mortgage and Note. In return the lender provides the loan proceeds for the transaction.
Please click on an item below for more detailed and useful information on the subject:
- Real Estate Closings
- Buying or Selling a House
- Condominium Transactions
- Cooperative Unit Transactions
What Are Some Issues That May Affect Real Estate Title In New York?
There is a wide range of different issues you can run into, once a title report is issued. Oftentimes, there is an old mortgage that is still open as of record, even though the Seller has already paid off the loan. In this case, the lender never filed a satisfaction of mortgage with a county clerk. These types of issues may delay a closing. In addition, as part of the title search, the title companies in New York do municipal searches…Read More
What Happens After A Contract Is Signed In A Real Estate Transaction?
Once a contract is signed and the down payment is furnished as part of that contract, the seller’s attorney holds the down payment in escrow. The next stage for the seller is to begin getting the property ready for the closing. That includes getting the property vacant and cleaned, making sure that all appliances are in working order, and making sure that the roof does not have any leaks…Read More
Can You Provide An Overview Of A Real Estate Transaction In New York?
The stages of a real estate transaction in New York the negotiation and signing of the contract of sale, the Purchaser obtaining financing, the Purchaser ordering a title report and the Seller clearing any title defects that need to be addressed, scheduling the closing, finalizing the closing adjustments, and attending the closing to consummate the deal…Read More
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