How To Choose A Closing Attorney

Choosing the right house and completing the deal is a milestone in your life—one that is the culmination of years of work, planning, and saving. But how do you choose the right one? Part of the process includes finding an attorney. When facing one of the most significant financial decisions, you need someone focused on protecting you.  Trust The Team In addition to a lawyer, you are likely working with a realtor. One Read More

How To Pay Your Attorney

Attorneys can be paid in several ways. And if you are unfamiliar with the various payment methods, you aren’t alone. People hear attorneys advertising that they only get paid when you win. 'Billable hours'' is a common phrase that people associate with lawyers too. Because these terms are at odds with one another, the confusion isn’t surprising. Engaging in any business relationship without understanding the Read More

Do I Need A Closing Attorney Or A Title Company in NC?

A significant amount of people have been moving to North Carolina from other states. When they come here to buy a home, they have a lot of questions. This is because they have bought and sold homes where they used to live, and have had their own experiences with the process. One such question that comes up is in regards to title companies. States other than North Carolina use title insurance companies for Read More

4 Mistakes Of First-Time Homebuyers

Making mistakes when you are buying your first home is easy. Not only are you eager to achieve a significant milestone in your life, but you want to fulfill your vision of the future. Once you can imagine it, you may make decisions in haste.  This is common. The following are easy pitfalls that first-time homebuyers fall into. Know them so you can catch yourself before you put yourself in a situation you can’t get Read More

Tips For Buying A Mobile Home

If you are considering buying a mobile home for the first time, you are likely wondering about the process for purchasing one. To break this down a bit further, there are also differences between commonly used terms such as mobile homes and manufactured homes.  There will also be some differences regarding the purchasing process based on where your mobile is going to go. For instance, you may be planning on putting Read More

Reverse Mortgages Explained

A mortgage where you don’t have to make any loan payments might sound too good to be true--but thanks to reverse mortgages, they’re not. To put it simply, a reverse mortgage is a loan where a homeowner who is 62 or older and has sizable home equity can borrow money against the value of their home. They can receive fixed monthly payments, a nice lump sum, or even a line of credit. But don’t get too excited yet--that Read More

4 Ways an Attorney Can Help You Buy or Sell a Home

Life-changing financial decisions should never be made lightly. Oftentimes, it helps immensely to have a professional help guide you through the decision-making process, helping you weigh out the pros and cons so that you can come to a thoughtful, well-rounded conclusion. Naturally, buying and selling a home falls under this category. Just as a real estate agent will help you get your house inspected during your due Read More

Understanding Escrow in Real Estate

At Thomas and Webber, we are often asked questions about the escrow process. What is it and why is it important? In today’s blog post, we’re taking a look at this essential element of real estate transactions.  If you are buying or selling real estate, it is important to ensure that any and all conditions of the sale are met before you pay money or sign over the deed. That is the purpose of escrow -- it protects the Read More

Understanding Easements in Real Estate

Even people who don’t own a certain property can have interests in and rights to its use. How? Through easements, a nonpossessory permission to access land. Easements can cause many heated battles in real estate law, so it is necessary to fully understand them. Let’s take a few looks at some examples of easements in everyday life: The owner of a field grants a railroad company the use of their property to lay tracks Read More

What is the Importance of a Title Search During a Closing?

One of the most important functions of a real estate closing attorney is to undertake a title search and examination on the target property. This important task should be done before you, as the buyer, get to the closing table, so you won’t likely hear much about the title search unless it turns up any issues. However, it’s worthwhile to understand exactly what happens during a title search and examination.  What is Read More