Services

Hire a lawyer to protect your home sale and a title company to coordinate the paperwork. The real estate attorney does not represent you specifically; instead, the attorney represents the entire real estate transaction, so he or she is making sure that every actor in the transaction is fulfilling their respective obligations, to include the buyer, seller, and escrow agent. You may find that you are actually paying a commission to your buyer and not actually saving anything in the end. Most often either the buyer or seller may choose the closing agent, depending on your local custom, but whoever it is, there are several important criteria which should be considered. Ask your friends if the escrow agent they recommend returns phone calls promptly, explains details in everyday, understandable language, inspires confidence, and is knowledgeable and acts in a professional, courteous manner.

Check with your state department of real estate to find out whether an attorney is required in your state. You may also need to purchase title insurance for the property, or at least contribute to the cost of a title policy, and maybe even a survey of the land for your property. Department of Housing and Urban Development and is used nationwide to uniformly disclose all of the financial aspects of a residential real estate transaction. However, for their assistance, real estate brokers take a healthy commission – generally six percent (6%) of the sales price, split between the Listing Broker and the Buyer’s Broker.

Location:

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