This seminar presents a comprehensive step-by-step explanation of the law and
practice of conducting a residential real estate closing. Our expert panel will
guide you from the offer and "P&S" through the actual closing, offering
practical advice at every step along the way. Our panelists, speaking from the
perspective of buyers, sellers and banks’ representatives will demystify the
process and point out common pitfalls to avoid. Topics include:
- Initial client interview — buyer and seller;
- Preparing the documents for closing;
- The buyer/seller/broker negotiation;
- Drafting and negotiating the offer and purchase and sale agreement;
- Special considerations for condominium and multi-family dwellings;
- Mortgages and the mortgage approval process;
- The appraisal;
- Dealing with hazardous substances on the property;
- The role of the bank’s attorney;
- Title issues and title insurance;
- Conducting the closing: who does what?; and
- Post-closing issues.
Faculty:Joe Boynton, Esq., program co-chair
Joe Boynton, Attorney at Law, Worcester
Michael G. Gatlin, Esq.
Law Office of Michael G. Gatlin, Framingham
Damien D. Berthiaume, Esq.
Berthiaume & Berthiaume, North Brookfield
Sponsoring Sections: Real Estate Law Section
Young Lawyers Division