An effective Real Estate Attorney will understand the importance of Post-Closing Services for protecting your rights well after the deal closes.
Even in a real estate market as diverse as Florida’s, there is one thing all buyers and sellers have in common: Ensuring they reach an efficient and expedient closing[RM1] . While you might reasonably assume that closing marks the end of your transaction, and the beginning of your plans for the new property, your Jurado & Associates Real Estate Attorney will not take this for granted—especially if a mortgage is involved. That is why our team specializes in several Post-Closing Services that help resolve any lingering issues and ensure your interests are protected for years down the road.
What Exactly is “Post-Closing?”
Post-closing typically occurs in real estate transactions involving a mortgage (i.e., a loan used to raise funds to buy real estate). As the name suggest, it occurs after the closing process, the penultimate step where the parties sign all the important paperwork (such as the Settlement Statement, Deed, and Title Documents[RM2] ) and exchange funds for the keys to the property (both literally and figuratively).
As a result of the 2007-2008 financial crisis, there are many more rules, regulations, and protocols concerning mortgages that must be fulfilled even after the parties have otherwise concluded their transaction. At its core, the post-closing process is about conducting a thorough review of the loan application in detail for completeness, accuracy, and integrity.
Post-Closing Services: Crossing Every T and Dotting Every I
The easiest way to sum up Post-Closing Services is that they are aimed at ensuring everything is in order while the transaction is still “fresh.” Your Jurado & Associates Real Estate Attorney will work diligently to confirm that all paperwork was properly completed and executed, regulations were met, and all duties and obligations of the party were fulfilled. The sooner these matters are reviewed, the sooner any issues that may emerge can be addressed quickly and effectively while there is still time.
Among the many Post-Closing Services your trusted attorney will perform are:
- Checking all aspects of the loan application for completeness and accuracy.
- Reviewing and re-verifying all underwriting documents
- Examining the underwriter’s decision that formed the basis of the loan application.
- Verifying property eligibility, appraisal, and mortgage insurance documentation
- Final confirmation of all applicable rules and regulations at the local, state, and federal levels to ensure compliance.
The foregoing list is far from exhaustive, and both the number and type of Post-Closing Services will vary from transaction to transaction. Yet whatever the circumstances, your Jurado & Associates Real Estate Attorney will approach this key step in the same way: With a vigilant eye towards your best interests.
Hire Jurado & Associates for all Your Post-Closing Needs
Located in the heart of bustling South Florida, Jurado & Associates is steeped in one of the most dynamic and prosperous real estate markets in the world. Our attorneys are well versed in every step of the transaction, from the preliminary stages of negotiating and preparing the contract, to the post-closing services that help ensure nothing is left to chance, even when all seems said and done.
When it comes to safeguarding your interests, a one-size-fits-all approach will never do: You need personalized, one-to-one service from a Real Estate Attorney who understand your unique needs and individual circumstances. From start to finish, and even well beyond, Jurado & Associates will be your side to make sure your real estate dreams are one step closer to reality. To learn more or schedule a consultation, call me at (305) 921-0976 or email email@example.com