Residential Real Estate Lawyer in Plano
Providing mortgage and title closing services throughout Collin, Dallas, and Denton counties
A home purchase is one of the largest financial transactions that you will make. A real estate transaction is complex, with weeks passing between the signing of a contract and the closing of title at which time you take ownership of the property. During this time, there are many issues to deal with and some have deadlines that may have severe consequences if missed. If you want the transaction done correctly, it is best to have an experienced Plano real estate attorney represent you.
Plano Real Estate Closings
Bowes & Hennessee, P.L.L.C. is experienced with real estate closings in Plano as well as Collin, Dallas and Denton counties, so you can have peace of mind that your transaction will be done right. Whether a buyer or a seller, we help our clients from beginning to end of the transaction by doing the following:
- Preparing contracts and closing agreements
- Reviewing and amending contracts offered by the other party
- Negotiating for repairs to be made and/or closing credits in lieu of repairs
- Working with mortgage lenders to arrange conventional loans, FHA loans, and short sales
- Preparing buyer's or seller's closing documents
- Serving as the settlement or closing agent to conduct mortgage and title closings
- Resolving last-minute problems and title issues
- Resolving post-settlement issues such as title insurance claims and coverage
Are you selling your home without using a real estate broker?
Then your transaction is commonly called a FSBO (for sale by owner). We know that you are trying to save money and we will provide the closing services you need at a reasonable price. We will do the following:
- Ensure that you comply with municipal ordinances and state laws in transferring ownership of your property
- Expertly prepare the deed and other closing documents that you need to sell your home
- Ensure that the settlement agent properly completes the settlement statement and correctly computes every apportionment due you so that you get paid exactly what is due
Are you doing a short sale?
A short sale occurs when the purchase price is insufficient to cover the seller's real estate closing expenses, including the payoff of the seller's mortgage loan. The seller's lender must approve the short sale because the lender's approval means that the lender is willing to accept less money than the seller owes. Most of the time the lender then forgives the balance of the debt by not requiring the seller to pay back the difference.
Making arrangements for a short sale is often difficult and time-consuming for a property owner. Let Bowes & Hennessee, P.L.L.C. negotiate your short sale with your mortgage lender.
Are you a lender?
We also provide appraisal and title services to you through Consolidated Lender's Resource. Click here for more information.
