What Does A Closing Attorney Do? [REAL ESTATE LAWYER EXPLAINS]

You may be wondering what the role of the closing attorney is during a real estate transaction. In this video, Tiffany Webber Mooresville, NC real estate attorney, breaks down exactly what the closing attorney does when buying or selling your home in North Carolina.
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Thomas & Webber
514 Williamson Rd.
STE. #431
Mooresville, NC 28117
704.663.1600
Real Estate Attorney Mooresville, NC
Closing Attorney Mooresville, NC
Ben Thomas - Real Estate Lawyer 31 years
Tiffany Webber- Real Estate Lawyer 5 years
Helping clients handle both residential and commercial real estate closings in Mooresville, NC.

[@TheRealEstateLawyer]

What other questions do you have about real estate transactions?

[@TheRealEstateLawyer]

@Julie Miller yep, we do closings in Gaston county as well! We like 14 days notice to make sure everything is handled correctly, but in certain circumstances we can have a little less time from the contract submitted to the actual closing.

[@manneredgrain2183]

Are they wholesale friendly?

[@alexbaraniak8441]

Do you explain commercial real estate closings?

[@sulsaleh]

Can a mortgage brokerage fund the loan? I was working with a mortgage brokerage that chose Rocket Mortgage as the lender for the best rate. During the final closing Disclosure, I discovered that the brokerage is the lender and Rocket Mortage will be servicing the loan. I couldn't get a convincing answer on why or if this is common. What do you think about my situation? I'm thinking of postponing the closing and hiring a lawyer to review the docs and title and oversee the closing...

[@ORANOID]

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[@Flying_Squirrel04]

For Ironland

[@finearanks8866]

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[@AbudIsCow]

Very interesting, but please assist Ironland!

[@rahra2483]

Thanks for explaining this!!

[@TheRealEstateLawyer]

Happy to help!

[@AmarisLW]

Thanks so much for the info. I'd like to contact the owner (our old neighbors) of a vacant property that has grown up and offer cash for the property. I'd like to make it a quick and simple transaction with no realtor or banks. But I did want to make sure the title and all is clean and free of liens before I purchase if they accept the offer. So this is just the info I needed. Thanks so much!!!

[@TheRealEstateLawyer]

Glad I could help

[@stephanieayala6138]

Thank you so much for making this video! Helped me a lot to understand what a closing attorney does.👍🏼

[@TheRealEstateLawyer]

Glad it was helpful!

[@alexandervalladares2501]

Very informative… Thank you 🙏

[@oldskoolfunk71]

Any Title companies or Attorneys here that can close on Subject to and lease option investment properties? We provide and place Sublease Tenants in the properties. I have all the Documentation, Properties all in Trust also.

[@c0ntender1]

So you do the title search before the fire department and housing

[@TheRealEstateLawyer]

We do a title search within the first 24 hours of a contract being signed and submitted to us for the closing.

[@c0ntender1]

@@TheRealEstateLawyer also do the loan officer do his own title search?

[@TheRealEstateLawyer]

@@c0ntender1 In our experience the loan officers leave it to the attorneys to conduct the title search and do not do one themselves.

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[@Kaverini]

i love that video sorry to ask but is it ok to assist ironland thanks!

[@sandrach156]

Hi there i have a real estate question on capital gain… does the deference of capital gain cap out at 500k or does it depend on how many owners a property has?

[@kianwawa4731]

Ironland assist?

[@dontabell9394]

Do you guys deal with wholesalers and if not do you know any other closing attorneys who does ?

[@TheRealEstateLawyer]

Yep, we certainly do!

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[@jaredmowry8544]

It sucks that you need a JD just to do these easy, menial tasks. In FL, title companies and brokers with half the education get it done simply and effectively. At least as far as SFR. They like to get involved in the larger commercial deals and development. Just seems like there is sooooo much more money on the table for a bar-certified lawyer than residential closings in North Carolina. Challenge yourself. Hop into some capital markets, REITs, securitization and syndication, private equity, etc. Get your moneys worth out of all that student debt.

[@TheRealEstateLawyer]

I'm doing just fine 😉

[@alcollins1132]

The sky is the limit with most things in the legal field. There are closing attorneys that are millionaires. I know a few that are 6 figure earners. The goal is to do what you love, not chase what you "think" makes more money.

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[@bobbyc6982]

I have and question how are fees for attorney low to high in North Carolina I’m buying and house in Wayne county Pikeville North Carolina and I was going to close on oct 14 and builder push it out to 28

[@TheRealEstateLawyer]

Each attorney determines their own closing fees.

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Ironland.

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