Condo Closings: $995
Are you buying or selling a condo apartment in New York or New Jersey? We can help. Our experienced condo closing lawyers assist buyers and sellers with the purchase or sale of condominium apartments in NY & NJ.
Our condo closing attorneys charge a flat fee of $995 from contract to closing for all condo
transactions; the fee includes the services listed below.
FOR BUYERS OF CONDOS:
- Review, negotiation and explanation of the contract of sale,
- Review of the offering plan and financial statements of the condominium association (if applicable),
- For buyers that will be getting financing, review of the mortgage commitment and correspondence with the lending institution,
- Negotiating & resolving any issues (including issues of repair, bed bugs, etc.) prior to closing,
- Correspondence with the seller’s attorney, title company, and lending institution,
- Preparation for closing, including reviewing the title search to ensure there are no liens and judgments against the unit,
- Representation at closing.
NOTE: in New York, it is customary that the purchasers of a new construction condo unit pay the sponsor’s closing costs. Purchasers should be aware of this when negotiating the purchase price. Feel free to Call Us for a more detailed explanation.
FOR SELLERS OF CONDOS:
- Preparation, negotiation and explanation of the real estate contract,
- Negotiating & resolving any issues (including issues of repair, bed bugs, etc.) prior to closing,
- Correspondence with the buyer’s lender to ensure the buyer is complying with the bank requirements in order to facilitate the mortgage process.
- Correspondence with the buyer’s attorney and title company.
- Preparation for closing, including obtaining payoffs for any liens and judgments against the seller and/or the condo unit.
- Representation at closing.
Our condo lawyers look forward to helping you. Call us today.