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2525 21st Avenue South
2nd Floor
Nashville, Tennessee 37212
Tel:(615) 866-5519
Fax: (615) 309-7046
Nashville Real Estate Transactions
Real estate transactions can oftentimes be quite complex because of the complicated issues of transferring property rights, certain government and bank regulations, and the exchanging of funds. If you are buying or selling property in Tennessee, it is important that you seek good legal counsel for your transaction. Nashville real estate transaction attorney Bob Scruggs will help you with all your Nashville real estate transaction needs. He will provide you with all the pertinent information that you need to purchase or sell your property.
Nashville real estate transaction process:
- Buyers typically obtain a pre-approval letter from their bank or lender stating that they are qualified to obtain a mortgage for a certain amount if they cannot afford the entire purchase price of the home they wish to buy.
- When a buyer finds a property he or she wants to purchase, a written offer is prepared and given to the seller. A check for an earnest money payment is often included with the offer, along with the pre-approval letter from the lender.
- After an offer is accepted by the seller, a contract is signed and agreed upon by both parties. Deposits are put in escrow until the real estate title transfer.
- Inspections and appraisals are usually ordered and a title search is performed by a third party.
- Finally, the closing of the transaction completes the transfer of ownership from the seller to the buyer. All monies including those that are in escrow are exchanged and closing costs are paid by the buyer and the seller.
A real estate transaction in Nashville
Real estate attorney, Robert L. Scruggs knows that all the steps of any real estate transaction, including a Nashville real estate loan transaction, must be filed correctly for a property to be transferred without any problems or stress for you, the client. Scruggs is able to provide Nashville real estate help to his clients. He wants you to trust that if you put something as important as buying or selling your home in his hands, the job will get done with the utmost of care.
