REAL ESTATE CLOSINGS

Buying a home can be an exciting time. However, doing all of the paperwork and preparing for the closing can be a daunting and extremely stressful time. There are over a dozen documents that must be prepared before a closing can take place, many of which are complex and intricate. Miss just one, or fill one out incorrectly, and your entire transaction can fall apart. Worse, you could end up being liable for thousands of dollars.  Whether you are a first time home buyer, buying a second home, or doing a refinance, an Attorney can give you peace of mind that the transaction goes off as planned. Attorney McEntee can help make the process seamless, and ensure that you do not overlook something when closing that will come back to hurt you later.
Attorney McEntee is a licensed tile insurance agent for Fidelity National Title Insurance Company.  Attorney McEntee represents both buyers and sellers in the Waterbury Connecticut area.

In real estate transactions, time is often sensitive. Wait to long and the house you wanted could be sold to someone else. Act to quickly and you could be pressured into doing something that you do not want to do.  Mortgage brokers and Real Estate Agents are not always looking out for your interests.  Please do NOT sign anything without fist consulting with an attorney.  It is important that you have an experienced attorney on your side. Attorney McEntee is available for help 24 hours a day, 7 days a week.  Attorney McEntee can be reached for a free consultation at (203) 982-8396.

Mortgage Approval Process

There are several steps involved in the mortgage process. Please click on the links below to learn more about each step of the process.

1. PRE-APPROVAL
2. PURCHASE & SALE AGREEMENT
3. MORTGAGE APPLICATION & PROCESSING
4. UNDERWRITING
5. APPROVAL AND CLOSING

Types Of Mortgages

There are several different types of mortgage products that may be available to you. Each product has it’s own advantages, disadvantages and lender requirements. This can often be confusing to those going through the mortgage process. If you are interested in learning more about the different types of mortgages then please click here.

Types Of Deeds

The Deed is the document that transfers ownership between the seller and the buyer. It is recorded on the land records in the town clerk’s office.
In Connecticut there is more than one type of deed. The two most common types of deed are Warranty Deeds and Quit Claim Deeds. Very few people actually understand what’s contained in each type of deed and what each deed actually does. It is important to have an experienced attorney conducting the closing for you. If you are a seller then you are exposing yourself to liability by providing a Warranty Deed to the Seller. You want to make sure your rights are protected before you sign such a deed. If you are a buyer, you want to make sure you are receiving the appropriate deed from the seller.

Please links below to learn more about each type of deed.
Warrantee Deed
Quit Claim Deed

Title Insurance

Title Insurance protects the title to your property. Although a title search is done, there may be problems that are not able to be detected by the title search. Any one of these title issues could come back years or decades later and compromise ownership of your home. There is where Title Insurance comes in. For a one time fee your home will be protected by title insurance. Should any title issues come up in the future, then the title insurance company would resolve all issues covered under your policy at their own expense. If purchased at closing, title insurance covers your property for as long as you own it. If you are buying your home with a mortgage then the lender will require you purchase title insurance for the amount of the mortgage. It is highly recommended that all buyers also purchase a policy of title insurance that will protect them up to the purchase price. Attorney McEntee is an authorized title insurance agent for Fidelity National Title Insurance Company. Attorney McEntee can prepare your policy as part of the closing process. Please click on the link below to learn more about title insurance and how it can protect your property. Learn the 20 Reasons That You Need Title Insurance

The Closing Process

Closing is the process which transfers title from the seller to the buyer. It is the final and most important step in the real estate transaction. Having an experienced Attorney represent you at the closing can ensure that everything proceeds according to plan and that your rights are protected. I explain the closing process in detail. Please click on the link to see my  Step-by-Step Guide to Real Estate Closings.