Residential Real Estate
What is a residential closing?
A residential closing is where all documents are signed in order to transfer the title of any given property from the seller to the buyer.
Any and all loan documents associated with the buyer's mortgage are executed during closing if he or she is not paying cash.
Once the necessary documents are prepared, signed, and recorded at the local courthouse, the title is considered transferred to the new homeowner.
For a refinance, closing consists of a borrower signing the loan documents in the presence of an attorney.
Why do I need an attorney?
Georgia is one of several states that do not have title companies, and attorneys assume that role by conducting real estate closings between buyers and sellers. Further, a real estate lawyer can help you avoid any potential issues with the property that can end up costing you more in the long run.
A title search makes sure the property is free of any outstanding obligations, such as a lien or legal judgment, and ensures that the owner has the right to sell the property. If any problems arise, our title attorneys can advise you on how to proceed.
Negotiations can be complicated if one or more parties are a corporation, trust, or partnership. Our attorneys understand how different types of business arrangements affect the sale under Georgia law and are happy to help our clients ensure all parties are correctly prepared for closing.
We're dedicated to providing stress-free closings for all of our clients, whether it's financing a property through lenders, a cash transaction, or refinancing a mortgage through a lender.