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The Basic Steps Involved in a Real Estate Closing

When you buy or sell a home, you want to do everything you can to House for Sale Sign on Houseensure the transaction goes smoothly. Dealing with purchase contracts, mortgage lenders and title companies can be overwhelming. A Clermont Real Estate Attorney can help you through the process.

The Basic Steps Involved in a Real Estate Closing

If you are buying or selling a home, the first step in the process will be to agree on a purchase contract. Both sides will want to make sure the contract accurately reflects what the parties agreed to (purchase price, closing date, inspection period, property included, deadline to hand over the keys, etc.). A real estate lawyer can prepare or review the contract. It’s important that the buyer and seller have their own attorney to review any documentation before it’s signed. Once the contract is signed, buyers are usually busy securing financing with their bank and arranging to have the home inspected by a certified inspector. If any problems pop up along the way, an attorney can help get to the bottom of it and suggest options for a solution. When financing is secured and the home inspection is complete, a closing date will likely be scheduled.

The Role of the Title Insurance Company

A title insurance company plays an important role for home buyers. The title company will research the ownership of the property looking for any defects such as mistakes in the deed, unsatisfied liens, etc. The idea is to ensure the sellers can convey clear title to the buyers. In most cases, a title insurance policy will be required by the buyer’s lender. If any title problems pop up later, the title company may step in to defend it. At the closing, your attorney can walk you through each document you’re required to sign to make sure you understand. Again, if any problems arise at the closing, your attorney can field them and help you work toward resolution. If you’re buying or selling real estate, contact Merideth Nagel, P.A., Attorney at Law, a skilled Clermont real estate attorney to represent you. Call 352-394-7408 or toll free at 877-580-6868 to schedule a consultation. Serving Lake, Orange, Marion and Sumter Counties.

Real Estate Attorney Services

Joni is Ms. Nagel’s most senior employee and the Closing Team Lead. Taking everything in stride, Joni exemplifies all that Merideth Nagel, P.A. stands for. She started here right out of college as a receptionist and has grown into an extremely knowledgeable and capable title agent. Joni does not take… [Read more]

Real Estate Attorney Services

I have been with MNPA since July 2012. I started in the short sale department and moved to the title/ closings department when the market started turning around. Growing up in the real estate business as well as 10+ years as a licensed realtor, I can empathize with all parties… [Read more]

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Serving West Orange County, Lake County, Sumter County & Marion County

  • TESTIMONIALS

    The more I get to know her the more convinced I am that she is the right attorney for me. The compassion and integrity I have seen is quite remarkable and I highly recommend you use her office to service… ~ Kelly,

  • TESTIMONIALS

    Ms. Nagel represented my wife and I in a bankruptcy case and also in a recent real estate transaction. I felt compelled to share our experience. Ms Nagel and all of her staff handled everything in a very professional matter… ~ Mike,

  • TESTIMONIALS

    Merideth Nagel has been a help to me, over the last 10 years, for multiple legal issues! As her client, and as a realtor who utilizes her real estate and title services, Merideth, along with her phenomenal staff, has afforded… ~ Tiki Jackson,

  • TESTIMONIALS

    “If it weren't for Merideth Nagel and her top-notch team of seasoned professionals, I shudder to think where my family would be today. At this firm, you are not a name, a face, a case number, or a quagmire. You… ~ Heather, Clermont

  • TESTIMONIALS

    “Merideth and her team have been a real blessing to me over the years! She helped me with real estate several times and estate planning. I can recommend her with full confidence!” ~ Nancy, Orlando

  • TESTIMONIALS

    “We utilized Nagel Law to assist us with a real estate transaction a little over a year ago. Merideth and her entire staff treated us with the utmost professionalism as well as eased our minds pertaining to this transaction. We… ~ Lynette, Orlando