Rochford Resources Blog

By Rochford Law Posted on November 21, 2019 at 11:45 AM

What Can Go Wrong in a Real Estate Closing?

Buying a house is a lot more work than buying dinner, but after almost a month, it’s practically yours.

At least that’s how it feels. In reality, there’s a lot that can still go wrong, even down to the last minute of closing.

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Topics: Real Estate Closing, Closing Process

By Rochford Law Posted on October 25, 2019 at 10:52 AM

Understanding Commercial Closing Costs

Buying a commercial property? Real estate transactions are complicated, and they come with a lot of fees during closing.

For the buyer, closing costs are generally between 3 and 5% of the cost of the property. Here are some of the different commercial real estate closing costs for buyers and sellers.

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Topics: Commercial Real Estate, Real Estate Closing, Selling Real Estate, Closing Process

By Rochford Law Posted on March 6, 2019 at 10:34 AM

Closing and Title Fees in Tennessee

Sellers and buyers alike seem to have quite a few questions about the closing process. It's to be expected. There are a lot of documents and additional fees you're supposed to pay. But, how do you adequately prepare? Understanding the closing process and title fees will give you a better idea of how much you can expect to pay before you get the keys to your new property. We've answered some of the most common questions to help you plan for buying real estate in Tennessee.

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Topics: Real Estate Title, Title, Closing Process

By Rochford Law Posted on October 15, 2018 at 11:59 AM

Most Common Questions About Title Companies

A title search is a crucial part of the closing process. It benefits and protects both the buyer and the seller from a fraudulent or defective deal. Because homes cost thousands of dollars and owning property requires the payment of federal taxes, a lot of tedious work is involved in protecting the investment. While title insurance isn't legally required, lenders usually require a policy to be taken out to protect the new purchase. A title search and insurance are necessary to close on a new home, but many people aren't aware of what it is they are purchasing.

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Topics: Commercial Real Estate Law, Residential Real Estate Law, Title, Closing Process

By Rochford Law Posted on September 10, 2018 at 4:08 PM

What You Need to Know About the Closing Process

The closing process is one of the most important aspects of purchasing a new home. It's a life-changing event and if you're reading this because you're starting the process — congratulations! It's the final step of a long journey and comes with a variety of measures to make the entire transaction legal and usually ends with a set of new keys in your hand. The ceremony of events includes the signing of documents and payments. It can take quite some time. Each part is essential, and understanding what you are getting yourself into will make the entire process run a bit smoother. We've answered some of the most common questions about the closing process.

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Topics: Buying A Home, Nashville Real Estate Law, Real Estate Lawyer, Residential Real Estate, Selling Property, Closing Process

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