Real Estate Transactions
Real Estate Closings
At Perez Mayoral, P.A., we have attorneys who are licensed title agents who can guide you through every step of your purchase or sale of residential and commercial real estate.
Buying a home will probably be the largest and most significant purchase you will make in your life. It also involves the law of real property, which is unique and raises special issues of practice, and problems not present in other transactions. A real estate lawyer is
trained to deal with these problems and has the most experience to deal with them.
In most states, it’s not mandated that you work with a real estate lawyer. Your real estate agent is generally equipped to handle purchase agreements and bills of sale. However, they will stop short of offering legal guidance.
The attorneys at Perez Mayoral, P.A. represent both buyers and sellers in residential closings. Many homeowners and soon-to-be-homeowners have been led to believe that it is in their best interests not to hire a lawyer to represent them in the home buying/selling process.
The deed and other closing papers must be prepared. Title passes from seller to buyer, who pays the balance of the purchase price. Frequently, this balance is paid in part from the proceeds of a mortgage loan. A closing statement should be prepared prior to the closing indicating the debits and credits to the buyer and seller. An attorney is helpful in explaining the nature, amount, and fairness of closing costs. The deed and mortgage instruments are signed, and an attorney can be assure that these documents are appropriately executed and explained to the various parties.
The closing process can be confusing and complex to the buyer and seller. Those present at the closing often include the buyer and seller, their respective attorneys, the title closer (representative of the title company), an attorney for any lending institution, and the real estate broker. There may also be last minute disputes about delivering possession and personal property or the adjustment of various costs, such as fuel and taxes. If you are the only person there without a lawyer, your rights may be at risk.
How to get in contact with Perez Mayoral, P.A. to represent you in a real estate transaction or handle your closing:
Call us Monday to Friday at 1-800-777-1305. If you can't call for whatever reason, please email us at . When you call, you will speak to one of our attorney's team members, who will briefly interview you about the details of your transaction. That team member will provide that information to one of our attorneys the same day. Upon reviewing your case, one of our attorneys will reach out to you directly so that we can have a one-on-one conversation about your transaction. It's important that you know that everything you say to any attorney or team member at our firm is kept 100% confidential, in accordance with the strict rules of the Florida Bar.
Call us today at 1-800-777-1305
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2600 S Douglas Rd, Suite 1007
Coral Gables, Florida 33134