Anne C. DiMatteo, Esq., 716-491-1670, Real Estate Attorney 14075-Hamburg: dimatteolaw

Real Estate Attorney| Anne C. Dimatteo, Esq. : Hamburg, New York  14075 (716) 491-1670

Anne C. DiMatteo, Esq., 716-491-1670, Real Estate Attorney 14075 –  Hamburg: 

How does a real estate transaction work?  That is a question that many buyers and sellers often wonder about.  Another question is what does a real estate closing attorney do when they conduct a closing and how and when do I pay them?  The closing attorney is the “captain” of the closing process and the paralegals that are assisting are the crew, performing many labor-intensive tasks, to bring your transaction from the initial phone consultation to closing and property ownership.

Real Estate Attorney 14075-Hamburg

How do I find assistance and what should I pay?  Fees for real estate closing services vary from attorney to attorney and from market area to market area.  For the best explanation on how much you should pay you should ask people experienced in these transactions.  Usually, attorney fees are paid at the end when the transaction closes.  I am available 24 hours every day, at no charge, to talk to you about everything in this article should you want to.

The beginning of any real estate transaction is the negotiation and signing of a contract.  Contracts can take many forms.  Some are even written on a napkin, which is not a good practice.  Typically a contract approved by a local lawyers association or board of realtors is used as a standard contract in the industry.  However, sometimes builders, developers, and people who buy and sell property often insist on using a custom contract.  It is a good idea for you at least to call an attorney before you sign anything so you can feel assured that what you are signing is a “standard” type contract.

After you decide on an attorney whether you’re buying, selling, mortgaging or developing real property, steps are taken by your attorney to verify who actually owns the property.  This is done by looking at abstracts of title, reading title reports, talking to you, examining tax receipts, reading surveys and deed descriptions, looking at open mortgages and judgments or liens.  The list is almost endless and many things impact who owns the property and what documents may need to be prepared to close the transaction and guarantee that the property is transferred free of liens, taxes or other encumbrances.

Real Estate Attorney 14075-Hamburg

Anne C. DiMatteo, Esq., 716-491-1670, Real Estate Attorney 14075 –  Hamburg: 

Closing attorneys examine title to the property.  Generally, title going back for 50 years is examined.  The closing attorney, title insurance company, and title examiner selected by your attorney all carefully review the title examination to ensure there are no title defects.  If any defects in title or other issues arise your attorney will work with everyone involved in the transaction to resolve them.   In every real estate transaction, there are issues that need to be resolved.  Some defects in the title are more serious than others, some can be insured against with title insurance and others cannot be resolved to require you to take the risk that title is defective or canceling the transaction altogether.  I typically waive my fee when a residential real estate transaction has to be canceled when his office cannot clear title.

When you’re selling your attorney also coordinates the issuance of title insurance to the lender and the new home buyer.  It is usually a good practice for buyers to obtain there own title insurance so that in the event something was missed during the closing process or there are hidden title defects their real estate investment will be protected.

When the closing day is finally scheduled the closing attorneys for the buyer, seller, and mortgage company if any will coordinate a time to sign the necessary papers to close the transaction.  Many things take place on the day of closing including recording the deed, mortgage, required affidavits, tax payoffs, payoff and discharge o any open mortgages, payment of realtor commissions, disclosure and payment of lender fees and closing costs, funding mortgage escrows, payment of transfer tax and recording fees, payment of pre-paid interest, distribution of sale proceeds and summary of all disbursements and distribution of money often called a closing statement and closing disclosure.  I am available every day, at no charge, to talk to you about everything in this article should you want to call me.

The process of closing is straightforward but is usually more than one expects.  It is important to hire someone that you feel comfortable with and is accessible to you anytime.

If you have any questions you want to submit to me about a real estate transaction you’re thinking please ask me by filling out the information below.  I hope you found this article of assistance.

Anne C. DiMatteo, Esq., 716-491-1670, Real Estate Attorney 14075 –  Hamburg: dimatteolaw

Anne C. DiMatteo, Esq., 716-491-1670, Real Estate Attorney 14224-West Seneca: dimatteolaw

Anne C. DiMatteo, Esq., 716-491-1670, Real Estate Attorney 14224-West Seneca:

Real Estate Attorney 14224-West Seneca: 

How does a real estate transaction work?  That is a question that many buyers and sellers often wonder about.  Another question is what does a real estate closing attorney do when they conduct a closing and how and when do I pay them?  The closing attorney is the “captain” of the closing process and the paralegals that are assisting are the crew, performing many labor-intensive tasks, to bring your transaction from the initial phone consultation to closing and property ownership.

How do I find assistance and what should I pay?  Fees for real estate closing services vary from attorney to attorney and from market area to market area.  For the best explanation on how much you should pay you should ask people experienced in these transactions.  Usually, attorney fees are paid at the end when the transaction closes.  I am available 24 hours every day, at no charge, to talk to you about everything in this article should you want to.

The beginning of any real estate transaction is the negotiation and signing of a contract.  Contracts can take many forms.  Some are even written on a napkin, which is not a good practice.  Typically a contract approved by a local lawyers association or board of realtors is used as a standard contract in the industry.  However, sometimes builders, developers, and people who buy and sell property often insist on using a custom contract.  It is a good idea for you at least to call an attorney before you sign anything so you can feel assured that what you are signing is a “standard” type contract.

After you decide on an attorney whether you’re buying, selling, mortgaging or developing real property, steps are taken by your attorney to verify who actually owns the property.  This is done by looking at abstracts of title, reading title reports, talking to you, examining tax receipts, reading surveys and deed descriptions, looking at open mortgages and judgments or liens.  The list is almost endless and many things impact who owns the property and what documents may need to be prepared to close the transaction and guarantee that the property is transferred free of liens, taxes or other encumbrances.

Anne C. DiMatteo, Esq., 716-491-1670, Real Estate Attorney 14224-West Seneca:

Generally, title going back for 50 years is examined.  The closing attorney, title insurance company, and title examiner selected by your attorney all carefully review the title examination to ensure there are no title defects.  If any defects in title or other issues arise your attorney will work with everyone involved in the transaction to resolve them.   In every real estate transaction, there are issues that need to be resolved.  Some defects in the title are more serious than others, some can be insured against with title insurance and others cannot be resolved to require you to take the risk that title is defective or canceling the transaction altogether.  I typically waive my fee when a residential real estate transaction has to be canceled when his office cannot clear title.

When you’re selling your attorney also coordinates the issuance of title insurance to the lender and the new home buyer.  It is usually a good practice for buyers to obtain there own title insurance so that in the event something was missed during the closing process or there are hidden title defects their real estate investment will be protected.

When the closing day is finally scheduled the closing attorneys for the buyer, seller, and mortgage company if any will coordinate a time to sign the necessary papers to close the transaction.  Many things take place on the day of closing including recording the deed, mortgage, required affidavits, tax payoffs, payoff and discharge o any open mortgages, payment of realtor commissions, disclosure and payment of lender fees and closing costs, funding mortgage escrows, payment of transfer tax and recording fees, payment of pre-paid interest, distribution of sale proceeds and summary of all disbursements and distribution of money often called a closing statement and closing disclosure.  I am available every day, at no charge, to talk to you about everything in this article should you want to call me.

The process of closing is straightforward but is usually more than one expects.  It is important to hire someone that you feel comfortable with and is accessible to you anytime.

If you have any questions you want to submit to me about a real estate transaction you’re thinking please ask me by filling out the information below.  I hope you found this article of assistance.

Anne C. DiMatteo, Esq., 716-491-1670, Real Estate Attorney 14224-West Seneca: 

Real Estate Attorney | Amherst – NY, 14228: 716-491-1670 / Closing Lawyer

Real Estate Attorney | Amherst – NY: 716-491-1670 / Closing Lawyer

How does a real estate transaction work?  That is a question that many buyers and sellers often wonder about.  Another question is what does a real estate closing attorney do when they conduct a closing and how and when do I pay them?  The closing attorney is the “captain” of the closing process and the paralegals that are assisting are the crew, performing many labor-intensive tasks, to bring your transaction from the initial phone consultation to closing and property ownership.

How do I find assistance and what should I pay?  Fees for real estate closing services vary from attorney to attorney and from market area to market area.  For the best explanation on how much you should pay you should ask people experienced in these transactions.  Usually, attorney fees are paid at the end when the transaction closes.  I am available 24 hours every day, at no charge, to talk to you about everything in this article should you want to.

The beginning of any real estate transaction is the negotiation and signing of a contract.  Contracts can take many forms.  Some are even written on a napkin, which is not a good practice.  Typically a contract approved by a local lawyers association or board of realtors is used as a standard contract in the industry.  However, sometimes builders, developers, and people who buy and sell property often insist on using a custom contract.  It is a good idea for you at least to call an attorney before you sign anything so you can feel assured that what you are signing is a “standard” type contract.

After you decide on an attorney whether you’re buying, selling, mortgaging or developing real property, steps are taken by your attorney to verify who actually owns the property.  This is done by looking at abstracts of title, reading title reports, talking to you, examining tax receipts, reading surveys and deed descriptions, looking at open mortgages and judgments or liens.  The list is almost endless and many things impact who owns the property and what documents may need to be prepared to close the transaction and guarantee that the property is transferred free of liens, taxes or other encumbrances.

Real Estate Attorney | Amherst – NY

Closing attorneys examine title to the property.  Generally, title going back for 50 years is examined.  The closing attorney, title insurance company, and title examiner selected by your attorney all carefully review the title examination to ensure there are no title defects.  If any defects in title or other issues arise your attorney will work with everyone involved in the transaction to resolve them.   In every real estate transaction, there are issues that need to be resolved.  Some defects in the title are more serious than others, some can be insured against with title insurance and others cannot be resolved to require you to take the risk that title is defective or canceling the transaction altogether.  I typically waive my fee when a residential real estate transaction has to be canceled when his office cannot clear title.

When you’re selling your attorney also coordinates the issuance of title insurance to the lender and the new home buyer.  It is usually a good practice for buyers to obtain there own title insurance so that in the event something was missed during the closing process or there are hidden title defects their real estate investment will be protected.

When the closing day is finally scheduled the closing attorneys for the buyer, seller, and mortgage company if any will coordinate a time to sign the necessary papers to close the transaction.  Many things take place on the day of closing including recording the deed, mortgage, required affidavits, tax payoffs, payoff and discharge o any open mortgages, payment of realtor commissions, disclosure and payment of lender fees and closing costs, funding mortgage escrows, payment of transfer tax and recording fees, payment of pre-paid interest, distribution of sale proceeds and summary of all disbursements and distribution of money often called a closing statement and closing disclosure.  I am available every day, at no charge, to talk to you about everything in this article should you want to call me.

The process of closing is straightforward but is usually more than one expects.  It is important to hire someone that you feel comfortable with and is accessible to you anytime.

If you have any questions you want to submit to me about a real estate transaction you’re thinking please ask me by filling out the information below.  I hope you found this article of assistance.

Real Estate Attorney | Amherst – NY: 716-491-1670 / Closing Lawyer

The Importance of Survey’s in Real Estate Transactions

Surveys – What are they?

A land survey is a drawing or graphic representation of what a parcel of real estate is shaped like.  It is essentially a picture like a map outlining the properties legal boundaries, features and improvements on the property.  Usually, survey’s are required in real estate transactions in New York and they are a good idea to have.  They are prepared by professionals familiar with land records who actually physically inspect the property.

Surveys – How are they made?

Professional Surveyors physically go to the property that they are surveying and take detailed measurements of the property with special equipment. After they complete the field work they take that information back to the office and prepare the survey.

Here is a good article that provides more detailed information about the importance of surveys.

The List of Cities, Towns, Villages and Hamlets in which we can handle real estate transactions in as your attorney are as follows:

Buffalo (county seat)
Lackawanna
Tonawanda
Towns
Alden
Amherst
Aurora
Boston
Brant
Cheektowaga
Clarence
Colden
Collins
Concord
Eden
Elma
Evans
Grand Island
Hamburg
Holland
Lancaster
Marilla
Newstead
North Collins
Orchard Park
Sardinia
Tonawanda
Wales
West Seneca
Villages
Akron
Alden
Angola
Blasdell
Depew
East Aurora
Farnham
Gowanda
Hamburg
Kenmore
Lancaster
North Collins
Orchard Park
Sloan
Springville
Williamsville
Census-designated places
Angola on the Lake
Billington Heights
Cheektowaga
Clarence
Clarence Center
Eden
Eggertsville
Elma Center
Grandyle Village
Harris Hill
Holland
Lake Erie Beach
North Boston
Tonawanda
Town Line
University at Buffalo
Wanakah
West Seneca
Hamlets
Akron Junction
Alden Center
Armor
Athol Springs
Bagdad
Bellevue
Big Tree
Blakeley
Blossom
Boston
Bowmansville
Brant
Brighton
Carnegie
Chaffee
Clarksburg
Cleveland Hill
Clifton Heights
Collins Center
Concord
Creekside
Crittenden
Dellwood
Derby
Doyle
Duells Corner
Dutchtown
East Amherst
East Concord
East Eden
East Elma
East Seneca
Ebenezer
Eden Valley
Ellicott
Elma
Evans Center
Ferry Village
Footes
Forks
Fowlerville
Gardenville
Getzville
Glenwood
Green Acres
Griffins Mills
Holland
Hunts Corners
Jerusalem Corners
Jewettville
Kenilworth
Lake View
Langford
Lawtons
Locksley Park
Looneyville
Loveland
Marilla
Marshfield
Millersport
Millgrove
Morton Corners
Mount Vernon
Murrays Corner
New Ebenezer
New Oregon
North Bailey
North Evans
Oakfield
Patchin
Peters Corners
Pine Hill
Pinehurst
Pontiac
Porterville
Protection
Sand Hill
Sandy Beach
Scranton
Sheenwater
Shirley
Snyder
South Cheektowaga
South Newstead
South Wales
Spring Brook
Swifts Mills
Taylor Hollow
Town Line Station
Swormville
Walden Cliffs
Wales Hollow
Water Valley
Webster Corners
Wende
West Alden
West Falls
Weyer
Williston
Windom
Wolcottsburg
Woodlawn
Woodside
Wyandale
Zoar

Abstract of Title in Real Estate: Hamburg, NY

Real Estate Attorney 14224-West Seneca: 

Abstract of Title in Real Estate:
Hamburg, NY

An abstract of title is a typed or written history of all the recorded documents affecting the transfer of ownership and all legal proceedings related to a specific piece of real estate.  It is also sometimes referred to as an Abstract of Title.  These documents are created when a title company, title searcher, abstractor or attorney researches all the recorded records related to a property and prepare a written history of the transfer of ownership of it.  Often it is typed.

What is an Abstract of Title useful for?

When purchasing real estate every buyer is concerned with liens or other problems with the title to the property you don’t know about.  If you’re going to buy a home with liens on it you at least want to know how much they are and to whom they are owed.  In addition to liens, you will also want to know the exact size and shape of the property you are buying.  That is why in addition to an Abstract of Title you also want a Survey of the Property.  A professional title examiner, often an attorney or a title insurance company can review the Abstract of Title and the Survey and give you an opinion as to the title to the real estate and in some case will offer to issue an insurance commitment of insurance or policy ensuring title to the property for the value of the property.

What Kind of Stuff Could Be Found

The Abstract of Title can be a thick packet and numerous pages.  Often there are local standards as to the number of years of the history of the property should be followed in the abstract.  Usually, it is for nearly 100 years, but can be more.  Typical issues that arise and cause concern to examiners of Abstracts of Title are:

  • Liens:  Mechanic and repair liens, or liens for monies borrowed against the property, second mortgage, etc.
  • Tax liens:  If property taxes are in arrears, there could be tax liens on the property.  They take precedence over other liens and you can lose the property if they’re not paid.
  • HOA liens:  If you don’t pay your HOA dues they can put a lien against the property.
  • HOA restrictions and covenants:  You need to know what you can and cannot do with or on your property, so these are important rules to read, as you’re bound by them.
  • Surveys and notes:  If there are encroachments on your property, they will show up in surveyor notes.  An example would be the neighbor building a new fence a foot into your property line.
  • Easements:  There are often easements for utilities.  Often worded as a certain number of feet along a property line is reserved for installation and repair of sewer, water lines, etc.  You don’t want to build a deck over this space, as the easement allows the utility to tear it up to do their work.

As you can see, an abstract of title is an important document to understand and seek professional advice to examine.  At my office, we are very familiar with reviewing and analyzing Abstracts of Title and Surveys.  If you have more questions, please call us.

Owners Policy – Hamburg, NY Real Estate Attorney

What is owner’s title insurance?

Owner’s title insurance provides protection to the homeowner if someone sues and says they have a claim against the home from before the homeowner purchased it.

When you purchase your home, you receive a document most often called a deed, which shows the seller transferred their legal ownership, or “title” to their home, to you. Title insurance can protect you if someone later sues and says they have a claim against the home from before you purchased it. Common claims come from a previous owner’s failure to pay taxes or from contractors who say they were not paid for work done on the home before you purchased it.

Most lenders require you to purchase a lenders policy, which protects the amount they lend. You may want to buy an owner’s title insurance policy, which can help protect your financial investment in the home.

You can usually shop for a title insurance provider separately from your mortgage. If you shop for title insurance, you may be able to save money. If you choose to buy owner’s title insurance, the total cost will usually be lower if you use the same provider for both the lender’s policy and the owner’s policy, compared to buying them separately.

Depending on the state where you are buying your home, your title insurance company may give you an itemized list of fees at closing, which may be different than what is shown on your loan estimate or closing disclosure.

BUFFALO – HAMBURG | NEW YORK SHORT SALES

BUFFALO NEW YORK SHORT SALES

short sale occurs when the closing proceeds from a real estate transaction are insufficient to pay off the liens and obligations required to be paid at the time of sale.  The proceeds fall short, in other words, of the debts secured by liens against the property, and the owner cannot afford to repay the liens’ full.  In such circumstances your attorney will need to discuss and negotiate with the lien holder(s) to see if they will take a lesser amount in satisfaction of the lien.  If they agree then title can close.  Short sale agreements do not necessarily release borrowers from their obligations to repay any shortfalls on the loans, unless specifically agreed to between the parties.  Sometimes the amount of debt forgiven can be taxed to you as income.  A short sale closing goes beyond a normal closing.  It’s important to have an attorney experienced in these transactions.  If you would like to discuss anything in this post in more detail, please give us a call any time.

REAL ESTATE LEGAL FEES:

REAL ESTATE LEGAL FEES:

Legal fees that we quote for your transaction are based on anticipation of a standard real estate closing. When unanticipated services are required such as involved negotiations, drafting of documents such as early or post-occupancy agreements, clarification or resolution of complicated title issues, or post-closing litigation, additional fees are charged. Since these events are not common, we do reserve the right to charge an additional fee for such services which will be discussed with you in advance. Add-ons to our standard fee include:
• Document preparation on sale files
• Preparation of early occupancy or post-closing agreements
• Preparation of contract
• Federal Express overnight mailing fees
• Deed transfer (recording fees are extra)
• Power of Attorney (recording fees are extra)
• Cancelled transaction
• Survey and abstract of title re-date fees (if you are a seller)
• Mobile Notary Services
If you are purchasing a property, we anticipate that our office will be obtaining the title insurance from your lender. We may also represent your lender in the closing. The work performed by our office for each of these services would result in an additional fee to our office.

Residential and Commercial Real Estate| Attorney – Hamburg, NY

RESIDENTIAL AND COMMERCIAL REAL ESTATE

I represent purchasers and sellers of residential or commercial real estate.  Typically my involvement starts with the negotiation and preparation of a contract for the transaction involving real property.  It may be necessary for me to review and approve or modify a contract prepared by another attorney, realtor or broker on behalf of a client.  I will coordinate with you our client, the attorney for the other party, the lenders, and any other parties involved in the process.  Everything we do is working towards an eventual closing. Our goal is always to be on top of the status of the closing as efficiently as possible while carefully monitoring and protecting our clients’ interests throughout the process.

If you need assistance relative to a real estate matter and would like to have a free consultation, please contact us at 716-491-1670, or e-mail Anne C. Dimatteo, Esq.

Real Estate Attorney

Tonawanda NY Real Estate Attorney

Anne C. Dimatteo, Esq.


YOUR NEW YORK REAL ESTATE AND FAMILY LAW ATTORNEY

Your success depends on the experience and dedication of the attorney you choose.

These are the three reasons to hire Anne C. Dimateo, Esq. for your Real Estate Buy or Sell Real Estate Transaction or Family Law Matter.

  1. Decades of experience. Anne C. DiMatteo, Esq.  has successfully handled Real Estate Transactions and Family Law Matters for Decades
  2. 24-hour availability. When you hire Anne C. DiMatteo, Esq. as your attorney, you’ll never have to worry about getting in touch with her. You’ll enjoy a 24-hour direct line.
  3. Affordability. Anne C. DiMatteo, Esq. offers reasonable fees to her clients both in New York and from around the Country. Cost shouldn’t prevent you from obtaining good, honest legal representation.

Call 716-491-1670 to request a free consultation!

Anne C. Dimatteo, Esq.
Attorney at Law