Protect Your Investment With A Residential Financing Attorney
Any real estate transaction involves a significant amount of money. If you are planning to buy a home, you likely will be taking out a home loan. The lawyers at the Law Office of Colonna, Doyle & Simeola assist buyers, sellers and lenders in every aspect of the real estate conveyance process. A home loan, the mortgage on the property and the promissory note involve complex obligations that can significantly impact your investment. If you are considering buying a home, we invite you to call our experienced real estate lawyers for guidance in securing financing and protecting your rights in the transaction with your lender.
Comprehensive Representation To Protect Your Investment
Offers to purchase and the final purchase and sale agreement between buyers and sellers are critical contracts in the real estate conveyance process. However, financing the transaction involves duties and potential pitfalls. With the stakes so high, retaining a knowledgeable residential real estate financing lawyer to guard your rights can give you peace of mind.
Our experienced lawyers have vast knowledge of Massachusetts real estate law. We guide clients through the entire transaction. In financing and closing matters, the contracts that you sign will determine your rights and obligations. We provide a full range of services to protect the interests of buyer, including:
- Concerns related to the title of the property: A title search will reveal if there are any defects to the title or any liens filed against the property. Having a good title is essential to ensure the closing runs smoothly. We help clients clear encumbrances. Without protections before closing, any outstanding encumbrances or liens become the responsibility of the buyer.
- Mortgage and financing documents: We guide clients through the escrow process, as well as in securing financing. Buyers need to understand the differences between several different documents. The deed conveys ownership of real estate. Buyers must sign a promissory note to obtain the loan. The note spells out the interest rate, payments on the home loan and the obligation to repay the loan. A mortgage is a document giving the lender the right to foreclose if payments become delinquent.
Protect Your Rights With The Guidance Of An Experienced Real Estate Lawyer
Understanding the unique terms of each document is vital in protecting your rights. We will review each document in detail and explain your obligations to allow you to make informed decisions. To arrange a consultation with a knowledgeable real estate conveyance attorney in Lynnfield, send us an email or call 781-667-2658. We represent clients in Essex, Middlesex and Suffolk counties, and throughout Massachusetts.