Buyers, sellers, and real estate agents often seek counsel from Tucker Griffin Barnes with real estate closings. They know we fully understand real estate law, and can guide them through any pitfalls that may arise during property transfer. Call us for a fee quote.
Bill Tucker – Real Estate Attorney
Testimonials:
“Mr. Tucker, I cannot thank you enough for all your work. I wish everyone had your work ethic and attention to detail and level of customer service. This would never have gone through had you not been on the case. We thank you from the bottom of our hearts.”
“With the given situation it has been a blessing to work with such a professional and dedicated group of people. We truly thank you all for all that you have done to keep this as painless as possible.”
Contact us today for a Settlement Fee Quote – It’s the first step to protecting your family.
A smooth and successful real estate closing is based on early identification of all the various scenarios that can impact a particular closing. Our firm has developed an intensive confirmation process designed to uncover information that most people wouldn’t even think about discussing until they’ve run into a road block, which could delay the closing. We believe our process, which is centered around the engagement letter and initial contact with the closing paralegal, provides an advantage to our clients. Our objective is a smooth closing, each and every time.
1. Why should I close with a law firm versus a settlement company?
2. Should I order a survey when purchasing property?
Yes. It is not uncommon to discover a fence is not the boundary line or a neighbor’s shed is on your property. Without a survey, you are buying the seller’s problems. A settlement company will not advise you to get a survey, since surveys identify legal problems with the property. If a survey identifies a problem, settlement companies are not allowed to point out the problem, or provide advice on which course of action you should take. Don’t buy the seller’s problem.
3. Should I use a cashier’s check or send a bank wire?
A cashier’s check is no longer considered immediate funds. That means the check must be in our escrow account for at least one business day, maybe longer if the check is from out of state, before we can disburse. If you bring us a cashier’s check on the day of closing, your closing will be delayed until the funds are available to us for disbursement. A wire is considered immediate funds. As soon as we receive the wire, we can disburse. We always recommend using a wire.
4. What is involved in recording the title?
When you purchase real property, you receive the deed that transfers ownership or title of the property to you. The conveyance of real property is not complete until the deed is delivered to you or your authorized agent. The deed should then be filed with the recorder in the county or city where the property is located for public notice that you own the property. When title insurance is purchased, the title insurer checks the change of title to determine whether any defects occurred in prior conveyances and transfers—defects may then be pointed out and excluded from coverage. It is critical to ensure that each time the property was transferred, the previous purchasers obtained clear title.
5. What is your fee structure?
We handle most closings on a flat-fee basis. Please contact us for specific costs.
Your Next Step:
Contact us today for a Settlement Fee Quote – We’re ready to help.
We have two offices conveniently located in Charlottesville and Palmyra (Across from Food Lion), Virginia for your real estate settlements. Please note: We don’t handle real estate settlements in our Harrisonburg office.