REAL ESTATE CLOSINGS
Navigating Real Estate Transactions with a Franklin, NC Real Estate Attorney
Purchasing or selling a home is a significant milestone and often one of the largest financial commitments in a person's life. To ensure a smooth transaction without any oversights, it is crucial to seek the assistance of a local Franklin, NC real estate attorney who can guide you through the process in Western North Carolina. An experienced real estate attorney who understands the intricacies of real estate laws can anticipate potential issues and address them promptly. By engaging an attorney early on, you can minimize complications that may arise during real estate transactions.
Understanding Different Real Estate Transactions
Attorney Russell Bowling has helped numerous individuals with the acquisition, development, financing, leasing, and sale of real property in and around Franklin, NC. He can provide effective legal services related to residential real estate, including:
- Residential real estate purchase closings and refinances.
- Review, preparation, and negotiation of purchase and sale contracts and other essential documents such as deeds, deeds of trusts, mortgage agreements, promissory notes, owner financing documents, subordination agreements, and road maintenance agreements.
- Title searches and opinions.
- Rights of way and easement agreements.
- Homeowner association agreements and dispute resolution.
- Residential lease agreements and other rental issues and disputes.
In North Carolina, a real estate attorney must facilitate the "closing" of real estate transactions. Both federal and state laws impose strict requirements on sellers regarding contract provisions and disclosures. Having a knowledgeable attorney by your side can ensure that the real estate contract meets all the necessary legal requirements. As a buyer, it is essential to understand what you should expect from sellers during a real estate transaction.
Addressing Title Issues Prior to Closing
Once a contract is approved, an attorney will arrange for a title search to be conducted. This search certifies that the property's title can be transferred without any defects. If there are any encroachment issues, an attorney may request a survey of the property before closing. With an experienced attorney involved, potential issues that could negatively impact the property can be quickly identified and addressed, ensuring a smooth transfer of property without any encumbrances or surprises.
Your Attorney's Role at Closing
During the closing process, all the necessary documents related to the property transfer are signed, and deeds and deeds of trust are recorded with the local register of deeds as evidence of the sale. Tax matters and other closing expenses outlined in the contract are resolved and paid. Throughout the closing, if you have any questions, your attorney is available to review the documents before signing and address any concerns you may have. This ensures that the documents are error-free, and you have a clear understanding of what you are signing.
Buying or selling real estate is a significant endeavor, and discovering issues after the transaction can be frustrating. If you suspect any title defects or other problems that have arisen since the closing, it is important to contact an attorney immediately. Your attorney can review the contract and transaction details to help determine the best course of action for a timely remedy.
If you are buying or selling property or experiencing issues with a recently purchased or sold property, reach out to a Franklin, NC real estate attorney. Russell Bowling has extensive experience in a wide range of real estate transactions and understands the importance of paying attention to every detail. Through the use of solid contracts and effective negotiation, he can assist you with all your residential real estate matters. For a confidential consultation, contact the law office of Russell R. Bowling at (828) 524-5070 or fill out the online form anywhere on this site.
If you are buying or selling property or experiencing issues with a recently purchased or sold property, reach out to
The case and all it entailed has been a pleasurable and stress free process due to the employees in this law firm. We definitely would highly recommend them!! 5 stars all around.
They explained my options clearly, took time to listen to my questions about my options and then helped me to set an appointment with social security to start the process of filing for disability.
Bowling Law office in Franklin are wonderful to do business with. They handled the closing sale of my retirement home in Franklin, NC. Olga was amazing with her tenacity to keep things moving. Thank you Olga and everyone at Russell Bowling Law Office.
Not only were we successful in our appeals case, we were treated with kindness, dignity and respect. Thank You Attorney Bowling, Monica and all who are there to help people win cases like us!
Bowling Law Office handled a closings in 2022 and at the beginning of 2023 for us. One of us lived in Tennessee and the other in Florida. Everything was handled very efficiently. Olga did an awesome job communicating with us! I would highly recommend Bowling Law Office.