Weissman PC is our strategic partner for title and closing services. A business and litigation law firm with an extensive residential real estate closing practice, Weissman provides practical legal expertise distinguished by superior customer service and full utilization of the latest closing technology. With over 45 lawyers, Weissman has locations throughout metro Atlanta for the convenience of homebuyers and sellers. Weissman also serves as General Counsel to the Georgia REALTORS®.
Weissman PC has an expansive real estate closing practice that operates out of the firm’s many closing offices spread throughout Metro Atlanta. Weissman has also distinguished its closing practice by using the most advanced closing technology which provides registered participants the ability to view the status of a file and certain documents online. By using new technologies and employing the very best lawyers and closing staff, Weissman is able to provide a closing service that is unmatched anywhere in Georgia
Prior to closing, a real estate attorney examines title to the property to determine the state of the title and whether the seller is able to transfer good title to the buyer in accordance with the contract. At closing, the buyer takes title to the property through the execution and delivery of a deed by the seller. Owner’s title insurance is a buyer’s option, but most real estate professionals will recommend it as an important protection for such a valuable investment.
Closing costs are the fees paid by either the buyer or seller when the property is closed and ownership transferred. Costs are typically for loan origination (points), application fee, underwriting fee, appraisal fee, inspection fee, title insurance, etc. They may also include everything from credit report fees, to underwriting fees, escrow fees, title transfer costs, and other associated costs.
Closing costs for a home purchase vary greatly based on the property, loan agreement, and negotiation. In Georgia, typical closing costs for the home buyer can land between 2 to 5 percent of the price of the home. The seller is typically responsible for the realtor commission fee, although they may sometimes agree to pay the buyers closing costs in addition to the commission in order to make the sale. Because there is so much variation in both buyer and seller closing costs, partnering with a trusted law firm is paramount to ensuring you fully understand all of your closing costs.