Real Estate Closing- The Attorney's Role

Real estate closings on Hilton Head Island and in Bluffton differ from what you may be used to in your state.  A majority of soon to be owners are not at the closing but are done through either a Power-of-Attorney (POA) or a mail away (where documents requiring a signature are mailed to the client). 

One of the role's of the attorney in the real estate transaction is to coordinate the closing with you, the lender, your realtor and the seller's attorney.  The attorney is often the moderator of the transaction.

On the day of the closing, the Purchaser signs the required documents and funds are then transferred.  However, this does not mean you will walk out of your attorneys office with the keys to your knew home in hand.  Time is required for the funds to transfer and clear and paperwork to be processed.  Typically, if you sign paperwork in the morning you will be into your home by that afternoon or evening.  It is recommended for those coming from out of the area or for those scheduling contractors to allow 1-2 business days before moving in or scheduling work to be done.  This allows time for any oversights to be corrected and does not leave you having to stay in a hotel while the issues are resolved.  For more on the real estate attorneys role on Hilton Head Island and in Bluffton listen to what Chuck Wiseman and Jeff Reilley of Wiseman & Reilley, LLC have to say about the closing process in our video below:

---