The seller’s attorney will prepare the deed and all other legal documents needed to transfer ownership from the seller to the buyer.
He will also provide the buyer’s attorney with all numbers necessary to complete the closing.
Such numbers include the mortgage payoff amount (if the seller has a mortgage), the final water bill, and the real estate agents’ commission invoice.
All of these expenses, including the attorney’s fee, will be deducted from the seller’s proceeds check on the day of the closing.
Finally, if there is a legal issue with the property, the seller’s attorney will work to resolve the problem prior to closing.
Most attorneys charge between $600 and $900 when representing a seller.
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