POUGHKEEPSIE REAL ESTATE CLOSING LAWYER
For more than 20 years, the law office of Glenn R. Bruno, Esq., has provided assertive and diligent legal services to clients in the Hudson Valley. From my office in Poughkeepsie, New York, I represent buyers and sellers in real estate closings, guiding them through the closing process and working to protect their interests.
As an experienced Poughkeepsie real estate closing lawyer, I will attempt to clearly explain your options and your rights before, during and after the closing. Call 845-454-2385 or, if you prefer, send me an e-mail to schedule a free in-office or telephone consultation.
THE REAL ESTATE CLOSING PROCESS
The closing process generally begins with a written contract of sale. This document is negotiated between the lawyer for the seller and the lawyer for the buyer. When this document has been signed, the parties will start to line up the details, resolve issues and prepare the proper documentation for the closing.
Numerous entities have to be satisfied in order for the closing to be completed successfully. Some of these include:
- A bank offering financing
- A title company offering title insurance
- New York state, counties, municipalities and school districts requiring fees and taxes
- Lenders holding prior mortgages on the property
- Parties who hold a judgment against the seller
- Parties who contributed to the closing process such as inspectors, appraisers and brokers
Right before the closing, adjustments will need to be made to compute the prorated property taxes, oil in a tank on the property and other costs that shift from the buyer to the seller. These adjustments often lead to a flurry of activity immediately before the closing and can put a strain on buyers and sellers.
I can guide you through this process, and I will help you understand the closing costs, adjustments and the documents involved in the closing. I have experience handling residential real estate closings, including short sales, new construction and closings on existing structures.
CONTACT A HUDSON VALLEY RESIDENTIAL REAL ESTATE ATTORNEY
To schedule a free in-office or telephone consultation with me, call 845-454-2385 or send me an e-mail. My office is conveniently located across from the Dutchess County Courthouse.