Real Estate Law
Are You Represented?
Often times Sellers allow Buyers to control their transaction by not seeking their own legal counsel and instead pay the Buyer’s Title Company’s Settlement, Closing and Document Preparation Fee without receiving the benefit of an Attorney’s guidance. A Seller’s Attorney provides benefits to Sellers throughout the negotiation and closing process.
Importantly, when Sellers are represented by an Attorney, their Settlement and Closing Fee along with any Document Preparation Fee and Notary Fee charged by the Buyer’s Title Company are typically waived. This makes for a smooth transaction and takes stress and pressure off of Sellers and their Realtor for little to no extra expense. As wire and other fraud has become pervasive in the real estate industry, we recommend attorney representation and protection in this area.
Save With Flat Settlement Fees
Straley | Otto offers clients a Flat Fee for Sellers that includes legal representation such as the preparation/review of the purchase contract, addendum to the contract, title commitment, lien search, and closing statement. We also follow up with the Title Company and Lender on critical dates and prepare the Warranty Deed and other Seller’s documents required to transfer title. All documents are executed at our office without having to actually attend the Buyer’s closing. We oversee the wire transfer process or seller closing funds.