Real Estate Law
Real estate law has been the primary focus of the firm since its inception. For most people, buying a home is the largest transaction they’ll ever make. Our goal is to offer clients and consumers reassurance that their legal rights have been protected. Since 2003, we have successfully helped and advised clients in real estate transactions involving the purchase, sale and refinance of commercial and residential real estate property, as well as focusing on land acquisition and development, builder services, lender representation and creditor’s rights.
The firm’s experienced paralegals and legal staff work alongside our attorneys to facilitate and execute the closing process efficiently. Our escrow and settlement services include title development, deed, and legal document preparation, purchase and refi closings, commercial closings, builder services, resale, abstracting, funding, recording, and more.
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Since 2003, McDonnell and Associates, PA, has represented local, regional and national builders. Our builder services division consists of veteran attorneys and seasoned closing coordinators who understand the distinctive needs of the builder. Our builder services staff collaboratively sustain an industrious workflow and maintain regimented production while staying dedicated solely to builder files and providing invariable customer service. We pride ourselves in offering convenient, flexible closing locations to meet each clients’ needs.
Our dedicated team of attorneys and staff collaborate with clients to provide services pertaining to:
Business Entity Creation and Organization
Contract Drafting, Representation and Negotiation
Land records review and plat reviews
Notice of Suitability Requirements
Land and/or Lot Acquisitions
Title insurance policies
Homeowners Association Formation and Governance
Finished Residential Purchase Closings
Working directly with national title companies and lenders, our refinance closing team coordinates the settlement process efficiently by managing all aspects of the transaction. The refinance team works directly with clients and closing attorneys to ensure the closing experience is completed as smoothly as possible. From regional standpoints to experience on a national level, our team members have industry-wide knowledge and experience, allowing us to provide exceptional service to each client. Our refinance department has been structured and devised into sub-closing teams which allow team members to develop a personal relationship with each client. As a convenience to customers, the firm has combined the flexibility of mobile attorneys and evening/weekend closings with competitive turn time on title orders and next day scheduling for closings. With this unique concept, mobile attorneys can perform real estate transactions at the consumer’s location of choice and bring an innovative approach to customer service in the legal market.
REO (Real Estate Owned) Properties
Our REO team represents both sellers and buyers of REO properties. Our combination of experience, technology advances and strategic alliances with national title companies gives us the opportunity to provide clients with a quality title and REO settlement services. We understand that banks operate under different obligations; therefore, our REO team strives to educate clients on REO purchasing processes to ensure expectations are set in the initial inquiry. We understand that REO clients aim to liquidate properties quickly and efficiently while recognizing that timely responsiveness is key in the facilitation of an REO transaction.
Our purchase/resale department works closely with the listing and selling agents, communicating with them from the start of the process to the end. Our dedicated staff reviews the contract to confirm all items listed are complete through the real estate transaction; communicate with the lender (when applicable) to provide all requirements needed to get to the closing table; reviews the title search to ensure insurable and marketable title is conveyed and reviews the lender prepared buyer’s closing disclosure, preparation of the seller’s closing disclosure and ALTA Settlement statement.