A conventional loan is a mortgage that is not insured or guaranteed by the government, while unconventional loans, such as FHA or VA loans, have specific eligibility requirements and guidelines.

A real estate closing attorney plays a crucial role in resolving disputes that may arise during the closing process, such as title issues or contract disagreements. Our firm utilizes our legal expertise and negotiation skills to resolve disputes efficiently and protect our clients’ interests.

If the property is located in a homeowners association (HOA), HOA approval may be required before the closing can proceed. Our firm communicates with the HOA on behalf of our clients to obtain necessary approvals and ensures that all HOA-related requirements are met for a smooth closing process.

If the seller refuses to vacate the property after the closing, it may result in legal action for possession or breach of contract. Our firm advises clients on their rights and options in such situations and takes swift action to enforce the terms of the contract and protect our clients’ interests.

The escrow agent holds funds and documents on behalf of the buyer and seller during the closing process and ensures that all conditions of the contract are met before releasing them.

Easements grant someone else the right to use part of your property for a specific purpose, such as access or utilities. Our firm conducts thorough title searches to identify any recorded easements on the property and advises clients on their implications for their use and enjoyment of the property.

Yes, you can appoint someone to act on your behalf using a power of attorney if you are unable to attend the residential closing in person. Our firm assists clients in drafting and executing powers of attorney and ensures that all legal requirements are met for the closing.

A deed is a legal document that transfers ownership of a property, while a title is the legal right to ownership of the property.

If the seller fails to disclose known issues with the property before the closing, they may be held liable for damages or legal action. A key issue can be whether such non-disclosed defects are “patent” (observable) or “latent” (not readily observable).

Yes, buyers have the option to negotiate repairs or credits with the seller based on the findings of the home inspection.