Selling a Real Estate Property
Estofa Law focuses on offering customers involved in the purchase and Property Sales Solutions services. With a thorough grasp of property law and a wealth of real estate transaction experience, Estofa Law guarantees that every step of the procedure is carefully handled, from contract drafting and review to regulatory compliance and potential resolution of disputes.
Considerations before your closing date
- Make sure that every closing document, the contract, settlement assertion, and loan documents, among others—has been carefully examined and appropriately reflects the conditions mentioned in the buy or sale agreement.
- Verify that a thorough title check was done to find any possible problems or encumbrance on the land and that title coverage was obtained to guard against unexpected claims.
- Ensure all financial arrangements are set up and documented correctly, including the exchange of the money for the deposit, the closing charges, and any applicable taxes.
- Ensure all agreed upon inspections have been finished and that any concerns or repairs that need to be done have been dealt with or recorded.
- Verify before Selling a Real Estate Property that the relevant permissions and disclosures, as well as any local, state, and government legal requirements, have been complied with.
- Check to make sure all lender requirements such as documentation and finance approval have been met and that all backup plans have been fulfilled.
- Make sure before Selling a Real Estate Property, if the property is in the condition that was agreed upon and that no unforeseen modifications have happened from the last inspection by conducting a final walk-through.
- To make sure all charges, credits, and adjustments are accurate and correspond to the final terms of the transaction, carefully review the settlement statement.
- Make sure you understand what you need to do at closing, such as signing any necessary documents and how ownership will be transferred.
The potential expense of selling a real estate property
If you plan to sell your real estate property, there are certain usual expenses you should anticipate. These expenses consist of service fees for attorneys, which include a statement of revision.
- A mortgage discharge cost is used to free the security deposit hold on your house.
- Additional possible expenses consist of:
- Fees for a broker or real estate company
- Costs of renovations or repairs
- Inspection expenses
- Appraisal expenses
- Relocation expenses
- Cleaning costs staging fees
- If you sell your house before the termination of your mortgage term, there will be mortgage prepayment penalties.
Important documentation that your buyer might require
As soon as you put your house up for sale, obtain any paperwork that would be useful, such as:
- Plans for surveys
- Invoices for property taxes
- Contracts for renovations
- Transferable guarantees
- Reports on inspections
Estofa Law recently helped me with my house title transfer. I appreciate Hassan's professionalism during the whole process, he is also a very approachable lawyer who answered all my calls and explained things in detail. Some complications arose during the transaction and he took steps to resolve it in a timely manner. He is also reasonably priced, I would definitely recommend him for your real estate lawyer needs.
Hassan is very professional and the overall experience has been very smooth. Any concerns i had, he addressed them in a clear and precise way. Would recommend for all future purchases for real estate.
Hasan was quick and efficient. I found him friendly and a real pleasure to work with. Highly recommend his work and will certainly use him again if ever the need arises.
Lovely working with Estofa law (Hassan)he is very patient and knowledgeable walked us thru everything made sure we understood everything 10 /10 recommend.
Hassan is an amazing lawyer who invests in his clients. He is consistent, transparent and reliable. Made buying a home a great experience. Thanks Hassan!
Hassan was extremely professional and finished everything on time. He was very helpful throughout our closing and patiently answered all our questions and provided us very useful guidance. I would definitely recommend this firm.
We recently sold our house and researched quite a few real estate lawyers to handle the contract and closing procedures.Estofa Law got our business because Hassan was professional, knowledgeable, and listened to our needs. He also came in pretty reasonably priced (for a lawyer). We found that he delivered on his commitments and answered the phone when we called, not a secretary. He dealt with with anything we inquired about promptly. For these reasons, my husband and I give him a solid 5 stars. Thank you Hassan.
amazing service, fast and efficient. Made transaction very easy and smooth.Thank you Estofa Law for everything
Best real estate lawyer in burlington. Hassan helped me closing my house. The process was very smooth and transparent. Hassan and his office was available to us for all questions we had at all times. Thank you Hassan, will definitely recommend Estofa Law for all real estate matters.
Extremely professional, great and transparent communication, understanding to cater for different situations. Hassan from Estofa Law closed my condo unit seemlessly and we only had to meet once. Hassan is very knowledgeable and is the guy for real estate law