At Goosmann Rose Colvard & Cramer, P.A. we believe in keeping our clients and all involved parties as informed as possible.
This is an area of our website with information dedicated to all parties involved in residential real estate transactions. We will continually update these resources to help keep our clients and associates informed and to provide easy access to some common links and data.
Please be aware of potential wire fraud issues, especially when communicating via unsecured emails. If you have any questions or concerns regarding wiring instructions, then contact our office immediately and/or refer to the Closing Instruction Guidelines provided to you by your paralegal. Our Firm does NOT alter its wiring instructions.
CHANGES RE: ATTENDANCE AT CLOSING FOR RESIDENTIAL MORTGAGES: Due to current privacy regulations for residential mortgage closings, our policy is that only real estate agents/brokers who obtain and provide us a copy of a signed authorization from the buyer(s)/borrower(s) may attend closing (yes, even if it is your client, and no, a signed NCAR agency agreement is not sufficient).
If you need an Authorization form, it is available for download in the Forms & Checklists tab below.
Whether working with a realtor or not throughout your purchase or sale of residential real estate, there are a number of items that can make your closing smoother. Many bumps in the road can be avoided simply by communicating with everyone you can – the other side of the transaction, Realtors, loan officers, and paralegals – to make sure all pieces are together.
Below is a basic list of points which deserve attention. This is not an all-inclusive list and not all items listed below may be applicable to your particular transaction or situation. Accordingly, please consult with your Realtor, loan officer, or attorney with any questions or concerns. Commercial endeavors often entail additional matters to consider.
1. Fully execute an Offer to Purchase and Contract (a contract)
2. Retain the services of a closing attorney
3. Obtain all property inspections in a timely manner
4. Secure homeowners insurance prior to closing
5. Confirm your attendance at closing and make any necessary arrangements
6. Bring “good funds” to closing: wire funds or have a cashier’s or certified check issued by a bank located within North Carolina
7. If the property includes a mobile or manufactured home, verify the make/model VIN information so we can perform the research necessary to transfer the mobile home and/or cancel and retire the title
8. Using a local broker will often make for a smoother process
9. Decide well before closing how you want to vest or hold title, whether tenancy by the entirety, tenants in common and joint tenants with right of survivorship
10. Bring a valid, governmentally-issued photo ID to closing
Below are samples of the Loan Estimate and Closing Disclosure forms used for most residential real estate closings upon the implementation of the CFPB’s TILA-RESPA Integrated Disclosure rule, or TRID. (Certain transactions, such as reverse mortgages, are excluded from the new regulations.) Click here to learn more at the CFPB website.
For government offices in other counties, Statewide Title has a listing of all 100 North Carolina Counties that can be found here.
From National Geographic to Forbes, Asheville and the surrounding area is fast becoming known around the world for its majesty, people, and culture. Each section of Western North Carolina has its own special wonders. A number of nearby sites are listed on the National Register of Historic Places and the Blue Ridge Parkway meanders through the area, providing access to spectacular vistas and numerous waterfalls.
Below are a few links to further information about the area. We welcome suggestions for additions. For local government and other similar sites, please see the Helpful Links tab on this page.
Wikipedia – the history of Asheville
Wikipedia – the history of Hendersonville
Wikipedia – about Western North Carolina
Explore Asheville – the official tourism website of Asheville
Historic Hendersonville – the official tourism website of Hendersonville
Black Mountain – the Chamber of Commerce website for Black Mountain & Swannanoa
Weaverville – the Weaverville Business Association website