Whether you are looking to purchase or sell property, it is essential that all the details of the deal are understood. Varano Law is filled with the experience you need, whether dealing with a residential or commercial purchase. Our New Jersey real estate attorneys will ensure that you are treated fairly. Let us get to work today so you have peace of mind tomorrow.
With more than 90 years of combined experience, the team at the Law Offices of Steven A. Varano, P.C. is ready to get to work for you today. We have tremendous experience in real estate laws and understand the importance of closing, whether for residential or commercial purchases.
Most people are not good at reading and comprehending legal agreements. It is not that you couldn’t, but it is just not something you see every day. Your attorney does this every day and will thoroughly examine your contract.
The attorney review is a vital step in a real estate closing. A real estate contract is usually prepared by a realtor, rather than an attorney. Most of the time, realtors do a good job creating a contract, but not all closings are the same. Sometimes, they make mistakes. A mistake is the last thing you need when making a purchase as large as this.
Even the most routine real estate transactions are important for the people involved. Buying a residential or commercial property is often the most significant purchase a person makes in their lifetime. These purchases typically begin with the buyer and seller agreeing on a price (or their realtors). Your real estate agent will prepare the contract, but both parties have the opportunity to have that contract reviewed by their attorney.
Other steps in this process include securing a building inspector to conduct a full property review. During this process, attorneys may be used to negotiate any work to be done on the property before the purchase.
A buyer typically has 30 to 45 days to produce the mortgage to purchase the property (it is better to have preapproval before all of this takes place).
As closing approaches, the attorneys will need to prepare and review a new deed, the seller’s affidavit of title, and other closing documents. Your attorney will write all checks and ensure that the closing documents are in proper form.
At the Law Offices of Steven A. Varano, P.C., we are prepared to handle each aspect of a residential or commercial real estate closing for you. You can contact us for a free consultation by calling (973) 256-1414.