When you are closing on a home or commercial property, you likely have the typical people present: you the buyer, the seller, a real estate agent, a representative from the title company perhaps, and maybe even a loan officer. But many people don’t consider that their real estate attorney should also be present.
While some firms may say a real estate attorney is only needed if the closing is rather unusual, we know that for most Pennsylvanians, the purchase of a home is one of the largest, if not the largest, financial transaction of your life.
That’s why the Scranton real estate attorneys of Mazzoni Karam Petorak & Valvano and our title company Keystone Abstract Services, want to ensure you understand the real estate closing process and are prepared for your real estate transaction.
Typically, there are five steps within the real estate closing process. While they are standard, having a real estate attorney or title company representative present will be important to ensure your rights are protected throughout the process.
The real estate closing process seems relatively straightforward; however, you still will likely want an attorney to guide you should issues arise. Unlike some states, Pennsylvania does not require buyers to involve a lawyer in their home buying process. But when you are purchasing a property with existing legal issues attached to it, it may be beneficial to have an attorney present.
Unexpected issues that an attorney can guide you through include:
While you may feel like you know all there is to know about the property you wish to acquire, the reality is that if someone unexpectedly happens and you do not have a real estate attorney, it’s probably already too late to seek legal advice.
But when you utilize the resources of the real estate and title professionals of Mazzoni Karam Petorak & Valvano, you are protected and assured that your closing will be done correctly and fairly.
If you are in need of legal representation during your real estate closing, you need to secure the expertise of Scranton real estate attorneys Mazzoni Karam Petorak & Valvano. We have represented clients in both residential and commercial real estate transactions for more than 50 years. With a licensed Pennsylvania title agent in our firm, you are protected in every aspect of the sale. Contact us today to learn more — (570) 348-0776.
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