The Massachusetts real estate closing attorneys at Simmons & Schiavo provide complete real estate closing services for all real estate transactions including residential and commercial property.
For most people buying a home is the single largest investment of their life. Purchasing the home of your dreams involves substantial risks and obligations. An attorney at Simmons & Schiavo, LLP can guide you through the entire process, assisting you to avoid problems and unnecessary delay. We will negotiate the purchase and sale agreement to insure that the deal that you have negotiated with the seller is properly memorialized in writing. Furthermore, one of our attorneys will work closely with your lender and track key dates in the purchase and sale agreement to prevent a loss of your deposit.
Prior to the closing, we will advise you on different important legal topics. We will discuss the income tax, capital gains tax and estate tax consequences of owning a home. We will also explain owner’s title insurance, an insurance that will protect you with defects in title such as undischarged prior owner mortgages or liens, fraudulent transfers, or even mistakes in property descriptions in the deed. We will discuss the benefits of having a Declaration of Homestead to protect your home against creditors and bankruptcy. We will advise you on the different ways to take title to the property and their legal ramifications and also review and explain the documents prepared by the lender.
The attorneys at Simmons & Schiavo, LLP can assist you with the sale of your home by negotating the purchase and sale, resolving title matters, reviewing closing documents, and ensuring that the settlement statement accurately reflects all adjustments between the buyer and seller. We will also advise our clients on the capital gains tax consequences of selling the home and inform their client about avoiding paying capital gains taxes through a 1031 exchange.
Simmons & Schiavo, LLP represents a number of local and national lenders. We offer quality legal services, timely closings and unparalleled customer service. Our attorneys are knowledgeable and understanding and our staff is experienced and friendly. We strive to accommodate your borrowers’ busy work schedules.
Our law offices are located in Malden, Massachusetts and we serve clients throughout Norfolk County, Middlesex County and Essex County, Massachusetts. If you have a question concerning any of our areas of expertise or are in need of legal counsel, please contact our firm. We offer a no-cost initial consultation with an experienced attorney to assess your particular legal situation.We also offer legal services in Spanish and Italian.
The Massachusetts real estate closing attorneys at Simmons & Schiavo concentrate in real estate matters and serve the Greater Boston and Boston’s North Shore region including the communities of Everett, Revere, Chelsea, Somerville, Cambridge, Medford, Arlington, Winchester, Woburn, Burlington, Stoneham, Melrose, Wakefield, Saugus, Lynn, Peabody, Salem, Marblehead, Swampscott, Norfolk County, Middlesex County and Essex County, Massachusetts.