Real Estate Attorney in Greensboro, NC

Why do you need a real estate attorney?

Buying a home will probably be the largest and most significant purchase you will make in your life. It also involves the law of real property, which is unique and raises special issues of practice, and problems not present in other transactions. A real estate lawyer is trained to deal with these problems and has the most experience to deal with them.

What does a real estate attorney do?

A real estate attorney is equipped to prepare and review documents relating to real estate such as purchase agreements, mortgage documents, title documents and transfer documents. Real estate attorneys also often handle closings - that is, when an individual or entity purchases a piece of real property from another person or entity.

The Closing Process:

  • Step 1. The Homebuyer finds their prospective home and enters into a written contract to purchase with the property's owner. At this stage, the Homebuyer has ideally already obtained pre-approval from their lender to purchase the property.
  • Step 2. The Homebuyer contacts our office, sometimes with the assistance of their realtor or lender, to conduct a title search of the property and schedule a tentative date for the closing.
  • Step 3. Our office conducts a preliminary title search of the property to determine the existence of any defects on the title such as easements, existing mortgages, and judgment liens. Once the search is completed, we report our findings to the homebuyer, lender, and title insurance company.
  • Step 4. Our office works with all parties to obtain all necessary documentation to ensure a successful closing. Often times, the "cash-to-close" amount needed from the Homebuyer is not determinable until the day of closing. ​
  • Step 5. The Homebuyer meets with our attorney and staff to conduct the closing. At this meeting, the Homebuyer and seller sign all necessary documentation such as the deed, promissory note, and deed of trust.