Closing Attorneys: What Are They And What Do They Do? 2024

By Jorge Araguez

In the world of real estate transactions, there’s an essential figure: the closing attorney. This professional plays a crucial role in the buying or selling process of properties. The closing attorney meticulously reviews and negotiates the final contracts to ensure that all conditions are met properly before the transaction is closed, they are responsible for handling the entire process, from reviewing documents to preparing deeds.

In our recent interview with Attorney Verduzco, we dove into his experience and expertise in this area. He explained how he requests, gathers, analyzes, and verifies key information from the beginning to the closing of a real estate transaction.

According to Verduzco, their intervention is fundamental because, without them, real estate transactions could be prone to complications and errors. That’s why they have become an indispensable part of the home buying and selling process.

In a key moment, he mentions that the selection of the closing attorney may be influenced by the choice of the notary, as not all notaries work with them. Their fees, on another hand, are typically covered by the closing costs and not directly by the client, which makes it easier for all parties involved in the transaction to seek their services. This ensures greater confidence and speeds up the process of buying or selling a property.

Watch video: (Spanish)