Find the best Cinco Ranch, TX closing attorney to help you sort through the process at The Okonji Law Office. A set of complex rules and regulations surround a seemingly simple real estate transaction. Although you could handle the closing process yourself, it might be time-consuming and confusing if you are not sure what you need. However, with the help of a closing attorney like John Okonji, you can save time and effort in getting everything in order.
In a real estate transaction, two parties are usually involved: the seller and the buyer. After both parties reach an agreement on the price and conditions surrounding the property, the closing process will begin. However, issues can occur before or during the closing process that may cause the deal to collapse.
If the process becomes a dispute, you may need the help of a third party, such as a mediator or an attorney. With an attorney by your side, the process will be much smoother, and you will not have to worry about the complex paperwork that follows.
Contact The Okonji Law Office today to speak with a qualified closing or property attorney that can assist in you completing your current real estate transaction. With a closing attorney like John Okonji by your side, you can focus on the negotiations without scratching your head over the immense amount of paperwork.
How to Find the Right Cinco Ranch, TX Closing Attorney
The process of finding the right closing attorney for you may vary depending on the area in which you are selling your home. However, there are some general tips that can help guide you through the process.
- Ask your real estate agent for recommendations. They should be able to provide you with a list of reputable attorneys in your area.
- Do some research on the attorneys on the recommended list or one you put together. Check their website and read any online reviews to get a sense of their services and reputation.
- Schedule a consultation with the attorneys that you want to work with on the list. This will give you an opportunity to ask questions and get a feel for the attorneys’ personalities and levels of expertise. After meeting with all of the attorneys, you should be able to make an informed decision about which one is the best fit for you.
John Okonji is the Managing Attorney of The Okonji Law Office. He is a real estate attorney that has been admitted to practice law by two state Bars and a Federal District Court. Having graduated from the Thurgood Marshall School of Law with honors, he has used his experience and expertise to help clients across the greater area of Houston.
His practice areas include the legal processes relating to real estate transactions and any disputes involving property law. For example, other than helping clients with closing transactions, he can also help settle landlord-tenant disputes. Contact The Okonji Law Office today to schedule a consultation.
Where a Closing Attorney Can Step In
Many incidents can occur before or during the closing process of a real estate transaction. Although most of these steps should be handled before officially closing, unforeseen things can still happen.
A real estate transaction does not end when both parties involved agree on a price. Once a sales contract is signed by both the seller and the buyer, the transaction is “under contract.” The next step is for the buyer to secure financing if they are not paying upfront with cash.
The buyer’s loan officer will appraise the property. An inspection must also take place to ensure that there are no unforeseen problems that both parties did not realize existed. The inspection report will go to the buyer’s loan officer, who will also do a title search to ensure that there are no liens on the property. Once everything is clear, the buyer will be given the all-clear to start the official closing process.
There is a lot of paperwork that is involved with the official closing process. These legally binding documents can be complex and confusing to someone who may not have extensive knowledge of property or real estate laws. When you are ready to close on your home, you may need a closing attorney.
A Cinco Ranch, TX closing attorney is a lawyer who specializes in real estate closings. They will review the paperwork and ensure everything is in order. They may also attend the closing to ensure that everything goes smoothly.
Issues that Can Happen Before or During the Closing Process
Closing is the last step of the process. Some of the most common issues that a closing attorney needs to step in for include the following:
- The seller & buyer cannot agree on a price.
- The buyer is unable to get financing.
- The inspection has some unforeseen but necessary repairs.
- The title of the property is not clear.
- The closing date is delayed.
- Either party backs out of the deal.
- The property taxes are higher than expected.
- Insurance premiums are higher than expected.
- The appraisal is lower than the agreed-upon price.
- There are HOA dues or other fees that are unexpected.
Contact The Okonji Law Office
Although some issues can be settled or let go of, it can be harrowing to find out that there is another issue to deal with when you are so close to finally selling the house. Something may happen, but there is no need to go through it alone. Contact a closing attorney to tie up any loose ends.
Call The Okonji Law Office today to schedule a consultation with John Okonji, the Managing Attorney. Or visit the office to learn more about how his legal services and advice can help you out of your situation. When you need a Cinco Ranch, TX closing attorney, Mister John Okonji is the lawyer to turn to.
Cinco Ranch, Texas Fun Facts:
- Cinco is the Spanish word for five.
- It denotes the fact that the area of Cinco Ranch used to be owned by five families.
- However, in 1984, it was part of the largest raw land transaction in the history of Houston.
- For more fun facts, visit the community’s official page.