The loan closing is the last step in a real estate transaction. The deal itself takes place over a number of weeks, but at the closing the buyer signs paperwork that makes them the official owner of the home or property. A number of legal documents must be reviewed, signed, and dated in order to pass the property title from the seller to the buyer.
The state of South Carolina requires an attorney to be involved in all real estate closings. The lawyer’s role begins before the actual closing as they perform a thorough title examination to ensure the title is passed properly to the new owner and assist in the process of obtaining title insurance. They also create a line of communication between all parties involved in the transaction to coordinate a smooth closing. Then on the day of the closing, the attorney will review and explain all documents, distribute the money, and essentially, close the deal.
At Gaston, Marion, Stubbs, Hunter & Swancy P.A., our real estate lawyers are expertly qualified to review all paperwork associated with the purchase or sale of your commercial or residential property, including titles, deeds, closing loans, mortgage documents, purchase agreements, and other legal agreements that must be formalized when buying, using, and selling a property.
Even lawyers that do not practice real estate law turn to real estate lawyers for their land transaction needs. Real Estate Law is a very difficult and convoluted area of the law here in South Carolina. You want to make sure your transaction is done right and the appropriate research is done to protect your interests during the proceedings. Trust in our attorneys to make sure that all of your current and future real estate transactions are handled appropriately and efficiently.
If you’re looking for a team of professionals with the patience and dedication needed to provide quality legal services, Gaston, Marion, Stubbs, Hunter & Swancy P.A. can help. Our wide range of litigation services and local presence will leave no room for inconvenience, and with over 50 years of legal involvement, you don’t have to worry about inexperienced attorneys. Contact us to find out more about our legal team and begin receiving the help you deserve.