Residential Estate Sale
Matthew A. Sidor, Attorney at Law, has vast experience in the transfer of what is the most highly valued asset of many families, their home. When transferring residential real estate, whether it is your first or one of many, numerous acts are necessary to ensure that title to the property is transferred correctly and without third party encumbrances or other unwanted liabilities. Typical representation for Sellers includes:
- Review of and negotiation of the residential real estate contract with the client and the mortgage lien claimant(s) as needed.
- Obtaining and coordinating acquisition of information and documents needed to close the sale, including mortgagor release documents, property survey, water and other local municipality certification(s), real estate transfer tax forms, etc.
- Preparation of closing documents, including a title insurance commitment.
- Coordination and facilitation of the closing.
- Ensuring release of any prior loan security agreements.
- Post-closing assistance with open items, including follow-up to ensure all liens have been released, and real estate tax reprorations.
Typical representation for Purchasers includes:
- Review of and negotiation of the residential real estate contract with the client, including attorney modifications and inspection repairs and/or requests for credits.
- Coordination and facilitation of the closing.
- Explanation of the lending documents and security agreements. D. Post-closing assistance with open items, including follow-up to ensure all liens have been released, and real estate tax reprorations.
Contact Bill Motluck (www.fidelitydesktop.com), for your title insurance needs, at 630-546-3257.