Are you thinking about buying, selling, or closing property? Are you facing a real estate or tenant-landlord dispute? Do you need help figuring out the details of title insurance and whether or not you even need it? If you answered ‘yes’ to any of those questions, you need affordable, experienced, and professional real estate law and transaction assistance. At the Law Office of Douglas L. Rankin, my staff and myself can help ensure you get a clear title, stay within your budget, and resolve even the most complex real estate transaction and closing issues.
We are committed to being available to you during all steps of your real estate transaction, simple or complex. As your realtor may have suggested you seek out a title company for assistance, we are proud to say that can provide you with the same guidance plus additional attorney-only services that beat or match title company prices. Speed, efficiency, and legal accuracy are just as important to us as they are to you.
Call (239) 262-0061 or schedule your free consultation online today!
What is Title Insurance and How Does It Help During Closings?
When you sell a piece of your property, like furniture, for example, the transaction is done once the money and goods are exchanged. Real estate transactions are far more complicated than virtually any other type of property exchange due to the fact that previous homeowners or lenders might still have a claim to the land through titles, liens, or debts. Sometimes you might not even be aware that a previous owner existed and you could still lose your right to the property you thought you had legitimately purchased. Title insurance exists to clear up any unforeseen issues that could arise with the real estate transaction regarding previous owners or anyone who could have a claim over the property.
Purchasing title insurance should first trigger a search into the property’s past, including deeds, omissions, heirs, and more. When you retain our Firm, we can conduct this search on your behalf to ensure nothing important is overlooked. Additionally, we can work with an insurance policy provider to underwrite a title insurance policy that protects your equity should you ultimately lose the right to the property through a title defect. With title insurance properly drafted and purchased, you can continue the closing process with confidence that you will not be blind sided by an error on the seller’s end of the deal.
Walking You Through the Closing Process
As mentioned previously, selling or purchasing a home is not simple in comparison to just about everything else you can buy or sell. The whole closing process can be an intricate procedure from start to finish. If you do not understand what is going on and what needs to be done, you could wind up buying or selling a piece of real estate that is not properly valued, resulting in you spending too much or not receiving enough.
I can help you with all steps of the closing processes, including:
• Setting up an escrow account (neutral third party money holder)
• Title search and title insurance (see above)
• Determine fair closing costs
• Total inspection of property (pests, damage, necessary repairs, etc.)
• Reevaluate purchase or selling price based on inspection results
• Determine and set an interest rate
• Review and sign final paperwork
Keep in mind that if any of the work necessary to complete a closing sounds like too much for you, or if your schedule simply does not afford you the time, we can act on your behalf and in your absence to keep the process moving. This is not a service that a title company can offer you.
Our firm can assist with the following real estate issues:
Real estate disputes: Regardless of whether you are experiencing problems with tenants or landlords, title claims, disputes over contracts of sale or purchase, or any other type of issue related to real estate, we can help. We can provide aggressive yet professional representation for clients all around Naples and Collier County.
Commercial closings: If you need assistance during a commercial closing involving interested business parties, we can step in and provide legal guidance. No real estate closing matter is large for team to handle. We are also available after office hours for clients in the event of an emergency situation.
Hiring our Firm at the beginning of your real estate transaction or dispute can help you avoid a stressful situation. With us here to answer all of your questions, you can feel confident that no curve balls or confusions will muddle the future you had planned for yourself and the property in question.
Contact our Naples real estate attorney for assistance with your upcoming closing and help with the issuance of title insurance to protect your valuable investment. Get a free consultation today!