Townhouse Closing Lawyers: $995
A townhouse is a house usually (but not always) attached on both sides by other townhouses. It differs from a house in that it has a Homeowners Association (HOA), pays monthly HOA dues and is governed by the HOA rules and regulations. Our townhouse lawyers assist buyers and sellers with the purchase or sale of townhouses in New York.
Our townhouse attorneys charge a flat fee of $995 from contract to closing. The fee includes the services listed below.
FOR BUYERS OF TOWNHOUSES
- Review, negotiation and explanation of the contract of sale,
- Review of HOA rules and regulations (if applicable),
- Review of HOA financial statements & offering plan (if applicable)
- Negotiating repairs the seller should perform prior to closing,
- For buyers that will be getting financing, review of the mortgage commitment and correspondence with the lending institution,
- Resolving any pre-closing problems that may arise (including issues of repair, termites, etc.),
- 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 townhouse,
- Review of the certificate of occupancy and all permits and documentation pertaining to the townhouse (to ensure that there are no violations and the townhouse is legal and has all proper permits).
- Representation at closing.
FOR SELLERS OF TOWNHOUSES
- Preparation, negotiation and explanation of the real estate contract,
- 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.
- Resolving any pre-closing issues (including issues of repair, termites, etc.),
- Preparation for closing, including obtaining payoffs for any liens and judgments against the seller and/or the townhouse.
- Representation at closing.
Our real estate lawyers look forward to helping you. Call us today.