To ensure success it’s best to seek help from trustworthy professionals who are well versed in the buying and selling process. The closing attorney will identify any existing mortgages against the real estate that will need to be satisfied at closing in order to transfer good title. The final costs to you may be quite different from your lender’s original Loan Estimate, especially attorney or title fees. You need time to find a good real estate attorney, otherwise at the last moment, you will have to pick one without any research. The best source of the correct legal description is the title search.
The closing attorney will review and explain all the myriad of documents which you will be signing at the closing procedure and make sure they are legal and accurate, as well as resolve any issues that come up before the purchase is legally closed. When the title order arrives from the lender, the closing attorney first orders a municipal lien certificate, which verifies the real estate taxes and other municipal charges on the property. Even an agent who represents only you, and not the seller, has a financial interest in seeing the deal go through.