massachusetts closing attorney: What Does The Closing Attorney Do Exactly? - 03/09/10 11:56 PM
A lot more than you might think.
Many buyers and sellers often wonder what a real estate closing attorney does other than conduct the closing. The closing attorney acts as the “quarterback” of the closing process, performing many time consuming tasks preparing a transaction from intake to closing. (Important note: many borrowers don’t realize that they may select their own personal attorney to act as the closing attorney instead of the attorney selected by the bank or lender. The new RESPA rules explicitly allow for borrowers to make this choice. This will most often save you several hundred dollars because most … (2 comments)