Fort Mill Real Estate Lawyer

Top rated Real Estate Attorney in Fort Mill, SC

Whether you are buying or selling, a real estate transaction is a major financial and legal decision. At Mack & Mack Attorneys, we provide South Carolina residents with the experienced guidance they need to effectively navigate this process, avoid unnecessary complications and reach their goals. We strive to protect your interests and guide you to a successful conclusion.

In South Carolina, a real estate closing is considered a legal matter that can be performed only by a qualified attorney. Additionally, South Carolina law has long held that a lawyer in this state may represent a purchaser, seller and lender in the same closing.

Do You Need An Attorney?

Due to the importance of the real estate transaction process and the potential ramifications of missteps and complications, it is prudent to have experienced legal representation. Our Fort Mill lawyers are adept at reviewing and drafting contracts, ensuring that you agree to terms that are fair and benefit your interests. We represent both buyers and sellers with many real estate legal needs, including:

• Residential real estate: We help families navigate the complexities of buying and selling homes, including drafting contracts and representation during closing.
• Commercial real estate: Our lawyers help companies with matters related to the purchase or sale of commercial property, including lease agreements and more.
• Real estate contracts: Our team drafts and reviews any contract related to real estate transactions, fighting for terms that ensure the full protection of your interests.
• Eminent domain: We help clients deal with efforts by the government to take their private property, and we assist government entities with right-of-way and acquisition processes.
• Residential land development: Our attorneys represent companies involved in the development of residential properties in South Carolina.
• Tax adjustment: We help property owners who seek an adjustment of property taxes or seek reduced payments through an appeal of your property tax assessment.
• Title services and title insurance: We conduct services related to all title issues you must address to complete your residential or commercial property transaction.
• Real estate FAQ: When buying or selling a home, we walk with you through the entire process, answering your questions and addressing your unique concerns.

We have decades of experience with various types of real estate law concerns, and we have the resources and knowledge of the law necessary to help you.

FAQs

What is required to close as a purchaser?

Assuming you, as the purchaser, have agreed in writing to buy a piece of property from a seller, there are a few steps that need to happen before closing takes place. First, you will want to obtain a title search, to ensure that the seller is transferring the property to you free and clear of any defects or encumbrances. This involves reviewing prior deeds, surveys, easements and certifying that no mortgages, liens or judgments adversely affect the property. If your purchase is being financed by a lender (the bank), that lender will likely require any title defects to be cleared before closing. The lender will also likely require you to pay for a title insurance policy (see below for more details). The closing disclosure, signed at closing, will spell out all the financial aspects of the transaction — specifically, which side is responsible for certain closing costs. Appraisals, home inspections and surveys are other common purchaser costs.

What is required to close as a seller?

Assuming you, as the seller, have agreed in writing to sell a piece of property to a buyer, there are a few steps that need to happen before closing takes place. A title search will determine whether there are any defects or encumbrances tied to the property title. If there are mortgages, liens or judgments adversely affecting the property, they will need to be satisfied or paid off before closing. The deed, signed at closing and recorded in the clerk of court’s office following closing, officially transfers title of the property from you to the purchaser. The closing disclosure, signed at closing, will spell out all the financial aspects of the transaction — specifically, which side is responsible for which closing costs.

What is title insurance, and do I need it?

Title insurance protects the insured from any financial loss related to issues or defects in title. Essentially, title insurance perfects one’s title rights, or provides compensation should one lose property due to an undiscovered defect. If a lender is involved, the lender will require lender’s title insurance as a condition of the loan. Homeowner’s title insurance is an optional, but recommended, policy which protects the purchaser from any fallout related to undiscovered title defects. The cost of a title insurance policy is based on the purchase price of the property and can range anywhere from $100 to $2,000.

The Experienced Ally You Deserve

You can learn more about how our experienced legal team can help you with your specific concerns by calling our office at 803-548-4751 or emailing us to make an appointment.