Closing costs are fees associated with the closing of a real estate transaction and can include lender fees, title insurance, and property taxes. The allocation of closing costs between the buyer and seller vary depending on the terms negotiated in the contract. Our firm advises clients on their closing costs and ensures that they are…Read more
Can I back out of a residential closing contract in Georgia or Tennessee?
The ability to back out of a residential closing contract depends on the terms outlined in the contract and any applicable contingencies. Our firm carefully reviews the contract terms with our clients and advises them on their options if they need to terminate their contract.
What happens if there are liens on the property during a residential closing?
If liens are discovered during the closing process, our firm works diligently to resolve them before the closing date. We have extensive experience in negotiating lien releases and ensuring that our clients’ interests are protected throughout the transaction.
What is title insurance and why is it important for a residential closing?
Title insurance protects homeowners and lenders from financial loss due to defects in the title of the property. Our firm recommends obtaining title insurance to safeguard your investment and ensure a clear title for your residential property.
Can you explain the role of a title company in a residential closing?
A title company conducts a title search to ensure that the property’s title is clear of any liens or encumbrances. A title company also issues title insurance to the buyers and lender, if applicable, in a real estate closing. A title company will also distribute funds to all parties and ensure all of the necessary…Read more
What should I consider when purchasing property in a neighborhood that has a homeowners association (HOA)?
Purchasing property within a homeowners association (HOA) entails several considerations that buyers should be aware of. These include understanding the HOA’s rules, regulations, and fees, as well as reviewing the association’s financial health and governance structure. Buyers should carefully review the HOA’s bylaws, covenants, and restrictions to ensure they align with their lifestyle and preferences.…Read more
What documents do I need to prepare for a real estate closing?
Real estate closings involve a variety of documents that must be carefully prepared and executed to finalize the transaction. Common documents include the purchase agreement, deed, settlement statement, loan documents (if applicable), title insurance policies, and any additional disclosures required by law. Our experienced real estate team meticulously reviews and prepares these documents to ensure…Read more
Do I need a real estate attorney for a residential closing?
While not required by law in Tennessee, having a real estate attorney ensures that your interests are protected throughout the closing process. Georgia law mandates that an attorney supervises and participates in the closing process. Our firm has a proven track record of successfully representing clients in residential closings in Georgia and Tennessee, providing invaluable…Read more
What are the steps involved in a residential closing process?
The residential closing process involves several steps, including title search, home inspection, securing financing, signing legal documents, and transferring funds. Our firm provides comprehensive guidance at every stage to ensure a seamless closing experience.
How long does a residential closing typically take in Chattanooga, TN?
The timeframe for a residential closing can vary, but it typically takes around 30 to 45 days from the acceptance of the offer to the closing date. Our experienced team works diligently to streamline the process and ensure timely closings for our clients in Chattanooga.


