Closings

Whether you are a first-time home purchaser, or this is your tenth move, purchasing any property should be a unique and memorable experience. Let us help you make the most out of your closings.

Our attorneys and staff have over 15 years of experience in real estate transactions and title matters. Because of this, you can feel comfortable in knowing that your closing and title matters are in good hands.

Rumbling Waters provides real estate closing services, title insurance, and counsel on real property matters. We serve throughout the River Region of Alabama and the State at large. Whether you are a real estate professional, buyer, seller, or lender, real estate matters typically involve a large investment of your time, money, and emotions. Your investment deserves a real estate law firm dedicated to serving you with expertise, efficiency, effectiveness, reliability, trustworthiness, and understanding. Rumbling Waters provides each of these and will always strive to exceed your expectations in every matter. 

Residential Closings

The customer service of our residential closing team makes us unique. We desire to provide the best closing experience possible.

Commercial Closings

Commercial real estate closings can involve a variety of title headaches. Our real estate closing attorneys provide effective counsel throughout the closing process to help our clients close on their commercial transactions.

Title Search

First, the attorneys at Rumbling Waters will conduct a title search to check the status of the property involved in the closing. The title search confirms that the seller has full ownership of the property so that they are able to properly transfer it to the buyer. The title search will also show if there are any easements, encroachments, or other restrictions on the property. The attorney will prepare an opinion on the title that is presented to the title company, and this will be used if the buyer wants to purchase title insurance.

Real Estate Closing Attorney Responsibilities

Closing attorneys are also responsible for facilitating communication between several parties necessary to the finalization of the deal. The closing attorney may need to discuss the sale with a variety of other individuals, such as:

• Lenders
• Real estate agents
• Surveyors
• Any current mortgage holders
• Tax office
• Homeowners’ associations

The closing attorney must communicate with these individuals so that they can make sure all of the details involved with the sale are accurate, and to ensure that the closing is completed on time.

During the closing itself, the closing attorney will explain the documents to the parties as they sign them. There are several documents that must be signed at a closing, such as:

• The deed
• Settlement statement
• Loan documentation
• A promissory note,
• Other documents as required by law.

The closing attorney is available to answer any questions about these documents that the parties may have.

After the Closing

A closing attorney’s work does not end when the parties leave the office. After the closing has been completed, the closing attorney still has a few things to take care of. The attorney will then update the title to the property on local registry of deed websites and will record the deed.

In addition, the closing attorney is responsible for disbursing fees, such as:

• Brokerage fees
• Taxes
• Loan payoff amounts
• Seller proceeds
• Insurance premiums
• Inspection fees.

After the transaction has been completed, if any issues arise with the transfer of the property, the closing attorney may be consulted to help resolve the issue if necessary.

Clearly, the real estate closing attorney does not simply sit with the parties at the closing and have them sign documents. The closing attorney’s guidance is a necessity to ensure the transition of ownership goes smoothly and that the parties understand the legal requirements of the deal.

Let us manage your closings

The real estate attorneys at Rumbling Waters Legal and Title Solutions, LLC are experienced in various real estate transactions, such as:

• Residential
• Commercial
• Refinancing
• Equity loan matters

To schedule a closing with our real estate attorneys, call (334) 478-5003.