Massachusetts Mortgage Closing Attorney
At the closing, ownership of the newly purchased home is officially transferred from the seller to buyer. It may involve the seller, buyer, real estate agent, mortgage closing attorney, the lender’s attorney, representatives from the title or escrow firm, and a variety of clerks, secretaries, and other staff. It is possible to have a mortgage closing attorney act on your behalf if you cannot attend the meeting (for example, if the house is in another state). Closing can take as little time as an hour to sign all the forms and transfer ownership or it can take several hours, depending on the situation.
A Mortgage Closing Attorney can help you with:
- Loan Origination Fee
- Loan Discount
- Appraisal Fee
- Credit Report Fee
- Lender’s Inspection Fee
Mortgage Closing Activities
Much of the paperwork involved in closing (or settlement) is done by attorneys and real estate professionals. You may be involved in some of the closing activities and not in others, depending on local customs and on the professionals with whom you are working.
In most states, settlement is done by a title or escrow firm to which you forward all the materials and information along with the appropriate cashiers’ checks and the firm will make the necessary disbursements. The real estate agent or another representative of the title company will deliver the check to the seller and the house keys to you.
If you need the help of a mortgage closing attorney, contact us now!