Written by attorney Raymond Henry Caso

How to Close Standard Residential Purchase

This guide is a brief description of the role the attorney should being taking in representing a residential purchaser from a referral from a real estate agent.

Additional resources provided by the author

K) work with real estate agent and lender attorney to get the file cleared to schedule, obtain any necessary documents or forms that may be holding up clear to close. L) As soon as clear to close is issued by Lender Attorney (not Lender), contact client and seller attorney to determine soonest closing date and schedule with lender counsel. M) As soon as filed is scheduled notify real estate agent so the agent may schedule the final walkthrough. N) Receive results of final walk through and notify opposing counsel ASAP if there are any issues to be addressed prior to the closing or post-closing, if possible. O) Obtain final closing figures from lender counsel, notify client of the checks required to bring to closing and instruct the client where the closing will take place. P) Attend closing with client, lender attorney and seller attorney, assure final title is cleared, explain closing documents to the client, finalize closing, record deed and arrange for client to obtain keys if arrangements have not yet been made through the real estate agents. Q) Notify real estate agent closing completed and thank agent for all his/her assistance throughout the entire closing process.

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