Experienced Framingham Real Estate Attorneys
Real Estate Closings & Titles Services for Framingham, MA
At Cali Law, our seasoned attorney understands that buying your first home is one of the largest purchases you will make in your life. That is why we are here to provide you with the experienced legal counsel that you need to make this process go smoothly.
From negotiating your real estate closing to ensuring all contracts have been accurately drafted, we are committed to helping families and businesses in the Greater Boston area with their real estate legal matters.
If you are planning to buy or sell real estate, get in touch with our real estate law firm to discuss your situation. Call (508) 252-8186 to schedule your appointment.
Real Estate Legal Services We Provide
Our Framingham and Ashland real estate attorneys have experience assisting with commercial and residential real estate transactions.
Our team serves the following real estate practice areas:
- Closings for lenders and brokers
- Assistance with short sales and foreclosures
- Residential and commercial title insurance
- Closing document preparation
- 1031 exchanges
- Reviewing letter reports
- Construction escrow services
- Mail away closings
- REO processing & closings
- Relocation processing & closings
Real estate is a complex area of law, with significant future implications. It is vital to reach out to an experience real estate attorney to fully understand your options. At Cali Law, our trained professionals are ready to answer any of your questions.
Assistance Through the Closing Process
Closing a real estate deal involves several complex steps that are best handled by an experienced attorney. We can guide you through all of the steps of your real estate transaction.
Real estate closings involve the following steps:
- Opening an escrow account
- Performing a title search
- Negotiating closing costs
- Competing a home and pest inspection
- Removing contingencies, if applicable
A lawyer with experience in real estate law can take the time to make sure your best interests are protected. We can help you avoid common and unique pitfalls so you can move forward with confidence
Take Advantage of Today’s Low Mortgage Rates
Ever since the effects of the COVID-19 pandemic turned the economy upside down, mortgage rates have fallen to a record low. Since the pandemic hit the country, the U.S. Federal Reserve has slashed interest rates twice.
According to a report from LendingTree, borrowers with credit scores between 720 and 759 are being offered an average mortgage rate of 3.46%. Borrowers in this range who take out a $250,000, 360-month mortgage will benefit from an implied savings of $50,148. Borrowers who have credit scores in the range of 640-679 are being offered an average mortgage rate of 3.87%. With this rate, a borrower would save $48,699 on a 250,000, 360-month mortgage.
Refinancing rates have also fallen significantly. The LendingTree report revealed that borrowers with credit ratings of 760 and higher are receiving an average rate of 3.23% when they refinance their mortgages.
Although mortgage rates are low, lenders have been attempting to create stability during the economic crisis by raising minimum credit scores, requiring higher down payments, double-checking employment status, and getting rid of certain loans entirely. Meeting the requirements for these additional measures can be challenging, which is why you should consult with our legal team at Cali Law to discuss the details of your situation.
Speak to a Real Estate Lawyer You Can Rely On
When you choose Cali Law to represent you, our legal professionals will be easily accessible and available in order to keep you informed about your case. We know that you might have specific needs or special requests, which is why we will use our full resources to provide you with comprehensive service throughout the entire closing process.
Do you have more questions regarding real estate legal issues? Contact us today to request your consultation with our law office in Framingham, Massachusetts. We are here to serve you!