Buying a home is likely one of the biggest investments you'll make. The path to homeownership, as exciting as it is, can get very complicated and difficult to navigate on your own. When buying or selling your home, get a real estate attorney near Syracuse NY on your side with Karp Law Office.
Our real estate attorneys near Syracuse NY offer comprehensive legal guidance for all your real estate needs:
- Buying a home
- Selling a home
- Building a home
- Drafting contracts
- Refinancing
- Survey disputes
- Finding a lender/financing
- Title Insurance
- Review and approval of contracts
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What Can a Real Estate Attorney near Syracuse NY Do for You?
Karp Law Office's experienced real estate attorneys near Syracuse NY are proud to represent buyers, sellers, builders, developers, brokers and lenders in Upstate NY and the surrounding areas. Our team has extensive experience handling all aspects of real estate transactions, including closings, financing and necessary documentation. Our support staff and real estate attorneys near Syracuse NY will work with you every step of the way to ensure a smooth transaction for all parties involved.
Have any questions? Call Karp Law Office at (315) 458-5040 for a free consultation.
Real Estate Attorney near Syracuse NY for Title Insurance Policies
When finalizing your real estate transaction, it's important to understand two types of title insurance policies: lender's policies and owner's policies (also referred to as "fee policies").
Almost all banks and credit unions require a lender's policy as part of the mortgage closing process as it protects their the lender's interest in the property. The lender's policy provides protection against a title defect or claim against the property by either fixing the defect or providing monetary compensation to the lender. It's important to note that the lender's policy solely protects the lender and not the borrower.
An owner's policy (or "fee policy") offers similar protection as the lender's policy, but for property owners. This title insurance policy protects property owners from financial losses due to unforeseen title defects and can be purchased at closing for a one-time fee, typically at a reduced rate.
To see what title insurance charges you could incur during your real estate transaction, calculate title insurance costs here.
Don't Go It Alone: Get a Real Estate Attorney near Syracuse NY
Karp Law Office's real estate attorneys near Syracuse NY are well-versed in handling a large number of real estate legal transactions. Our team of experienced real estate attorneys will help you navigate every step of your real estate transaction to ensure a smooth process.
For a free initial consultation with a Karp Law Office real estate attorney near Syracuse NY...
