Closing Road Map
At Callahan Closings we understand that buying or selling real estate can be a complex and daunting process. But even though our clients may not experience a closing every day, we do. Our goal is to make the closing as smooth as possible by guiding you through each step, ensuring all legal requirements are met, and keeping you informed.
Here’s what to expect during your closing:
- Contract Review and Negotiation
-
- What We Do: We’ll review the sales contract and begin the steps to make sure all the requirements and obligations of the contract are met.
- How We Help: Our attorneys will explain the terms, answer any questions, and negotiate on your behalf if needed.
- Title Search and Examination
-
- What We Do: We conduct a title search to uncover any issues, such as liens, claims, or unpaid taxes, that could affect ownership.
- How We Help: We will inform you of any title defects and work to resolve them promptly, ensuring a clear title for the transfer of property.
- Title Insurance
-
- What We Do: Title insurance protects you and your lender from future claims against the property.
- How We Help: Our team will help secure title insurance to give you peace of mind.
- Coordination with Lenders
-
- What We Do: We work from the very beginning with your lender to ensure all financing documents are prepared, and we ensure compliance with the closing terms.
- How We Help: Our firm will keep you updated on lender requirements and assist in clearing any final conditions before closing.
- Preparation of Closing Documents
-
- What We Do: We prepare and review all closing documents, including the deed, settlement statement, and loan documents.
- How We Help: We’ll ensure that all paperwork is accurate and ready for your review and signature at closing.
- Closing Day
-
- What We Do: On the day of closing, we will guide you through the signing of all necessary documents and ensure the funds are properly distributed.
- How We Help: Our attorney will be present to answer any last-minute questions and ensure that everything is handled smoothly.
- Post-Closing
-
- What We Do: After closing, we handle the recording of the deed and other documents with the county, ensuring the legal transfer of ownership.
- How We Help: We’ll follow up to confirm all documents are properly recorded, and provide you with copies for your records.
We are committed to providing clear communication and support at every stage of the closing process. Let us make your real estate closing experience stress-free and successful.