Residential Real Estate Closings

Purchasing a new home is always an exciting time, whether it is your first home, second home, a vacation home, or an investment property. Be that as it may, real estate closings are decidedly complex transactions that require the counsel of a qualified attorney to ensure that your rights are protected at every step throughout the process.

The Law Office Of Patrick A. Frawley possesses the experience required to ensure that your residential real estate closing proceeds as smoothly as possible. That means we are supremely capable of resolving any potential obstacles to your closing (such as title objections, mortgage financing problems, and certificate of occupancy issues) in the most efficient and effective manner.

No matter how careful or thorough one party to a real estate transaction thinks they have been, it only makes practical sense to retain the services of a qualified attorney to ensure nothing has been overlooked that may expose you to financial risk or adversity at a future time. Our law firm represents both buyers and sellers throughout Rockland County with the competent and informed counsel required for residential real estate closings of any size.

With very few exceptions, a home is the most expensive asset most people will ever acquire in their lifetime. And when a six- or seven-figure transaction is taking place, the stakes are way too high for mistakes or omissions. There absolutely is no margin for error.

For buyers of residential properties, our office provides the following services: careful review and negotiation of your real estate contracts; careful review of all home inspection reports (and initiation of resolutions to any outstanding issues); correspondence at all stages of the transaction with the seller's attorney; correspondence at all stages of the transaction with the seller's title company; correspondence at all stages of the transaction with the seller's bank or other lending institution; all necessary preparation for your closing (including preparation of the buyer's closing statement); full review of all relevant documents such as the mortgage commitment and the title commitment; and in-person representation at the closing.

When it comes to purchasing a home, deciding where to live is only the first step. Legal issues can arise at every stage of the home-buying process. Mr. Frawley is a trusted source of legal advice when it comes to such important matters as knowing how you are going to pay for your new home, how to make an offer, and how much that offer should be. He will ensure you are properly protected when it comes to inspections, deed prepartion, and the making of repairs before your closing. His only objective is to ensure your interests are protected.

We want you to know what you are buying -- both the good and the potentially bad. Mr. Frawley will thoroughly address issues involving any possible zoning violation issues, environmental hazards, covenants or restrictions, fluctuations in your mortgage over time, chains of title, and property valuations.

For sellers of residential properties, our office provides the following services: full preparation, review, and negotiation of your real estate contract; tendering of possible contract modifications; thorough explanation of the real estate contract; full review of the title commitment and identification of any possible title defects; correspondence at all stages of the transaction with the buyer's attorney; correspondence at all stages of the transaction with the buyer's title company; preparation for your closing, including preparation of the seller's closing statement; preparation of the deed; and in-person representation at the closing.

We cannot emphasize strongly enough that you should never rely on any advice, be it legal or real estate, from a representative of the other party to a residential real estate transaction. There is big money on the table, in the form of fees and commissions, and you never know who is looking out for your interests. The only way to ensure someone is looking out for your financial well-being is to retain a qualified attorney such as Mr. Frawley.

Our office will carefully review for accuracy all of the documents involved in your real estate transaction and be sure that you are protected. Real estate law can be arduous, complicated, and time-consuming. But with the right attorney on your side, getting through the process does not have to bring any unneeded worry.

To schedule a friendly, free initial consultation at The Law Office Of Patrick A. Frawley, please call us at: 845-397-9009.