CLOSE WITH
CAMELLIA TITLE, LLC
Real estate closings play a crucial role in the completion of property transactions, and as a seasoned real estate attorney, Eddie Encalarde, Jr., possesses the extensive experience in facilitating smooth and successful closings.
A real estate closing is the final step in the process of transferring ownership of a property from the seller to the buyer. During a real estate closing, numerous legal and financial considerations come into play. As an attorney, Eddie ensures that all necessary documents are prepared, reviewed, and properly executed, adhering to the applicable laws and regulations. These documents may include the purchase agreement, title deeds, mortgage documents, and various disclosure forms.
One of the key aspects of a real estate closing is the title search and title insurance. We work thoroughly examine the property's ownership history, public records, and any potential liens or encumbrances. This process is vital in confirming that the property's title is clear and marketable. Additionally we assist my clients in obtaining title insurance to protect against any unforeseen issues that may arise after the closing.
As the closing date approaches, I coordinate with all parties involved, including the buyer, seller, real estate agents, lenders, and other professionals, to ensure a seamless transaction. I review the closing statement, also known as the HUD-1 or Closing Disclosure, which outlines all financial aspects of the transaction, including the purchase price, prorated taxes, closing costs, and any adjustments.
During the closing itself, I am present to explain the documents to my clients and ensure their understanding of the terms and obligations they are assuming. I address any questions or concerns that may arise, allowing my clients to make informed decisions throughout the process. Additionally, I oversee the proper disbursement of funds, ensuring that all parties receive the appropriate payments and that any outstanding liens or debts are settled.
Following the closing, I work diligently to ensure that the necessary documents are recorded with the appropriate government agencies, finalizing the transfer of ownership and protecting my clients' interests.
Throughout the entire real estate closing process, my goal is to provide exceptional service, mitigate potential risks, and safeguard my clients' investments. I strive to create a seamless and stress-free experience, allowing my clients to confidently move forward with their real estate transactions.
Whether you are a buyer, seller, or investor, I am here to guide you through the complexities of real estate closings and ensure your interests are protected. With my extensive knowledge and attention to detail, you can trust that your closing will be handled with the utmost professionalism and expertise.
Our Services
Residential and Commericial Real Estate
Buying or selling your home can be a complicated process to navigate on your own, but working with an experienced residential real estate attorney with experience in St. Tammany Parish, Orleans, Tangipahoa, etc. can ensure the process runs smoothly and that the buyers, seller, lenders, and real estate agents are all considered during the residential closing process.
We serve state-wide, across Louisiana, providing the following residential real estate closing services:
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Title Research
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Title Insurance
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Preparing and Notarizing Closing Documents
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Filing and Recording Closing Documents
Camellia Title offers a variety of real estate services including acts of donations, bond-for-deeds, LLC preparation and a variety of owner financing options.
Title Insurance
Title Insurance is a form of indemnity insurance that protects lenders and homeowners from financial loss due to defects in title to a property. Some common title problems include:
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Incorrect property descriptions
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Conflicting possession
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Unknown Liens
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Boundary/Survey Disputes
Title insurance agents will identify defects in the title that need to be corrected before the owners of the land sells it to you. Agents will check for issues with your title by examining public records including deeds, mortgages, wills, court judgment, tax records, liens and encumbrances.
Wills and Estate Planning
Estate planning and considering your own morality can be an uncomfortable topic. However, while your living and healthy, you can value being able to make your own decisions about your finances, property, and health care. The only way to assure that this will happen is through estate planning. Their are various types of estate planning documents including:
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Last Will and Testament
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Trusts
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Power of Attorney
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Living Will
Planning for the unexpected in life is just as important as implementing a strategy for handling your final affairs.