What Can A Closing Attorney Manalapan Do For You?
Your Closing Attorney Manalapan plays a crucial role in the real estate transaction, whether buying or selling a property. They offer you the following functions:
- Title examination – Upon receipt of a real estate purchase agreement or a request from a bank or mortgage broker, the closing attorney will begin to check the title to the property being sold. The title examination is for the purchaser and the lender to evaluate title to the real estate.
- Title insurance – From the purchaser’s prospective, title insurance is highly recommended to insure the purchaser on the title, with regards to claims of interests, rights and liens against the subject property being purchased.
- Review of documents – The closing attorney can explain documents such as a deed, a note, a deed of trust, a settlement statement, disbursement at the end of the transaction and loan documentation required by the lender.