Residential Real Estate Closings

Sirote’s real estate lawyers represent their national and regional mortgage clients in the State of Alabama with confidence and precision. We capably represent lenders and servicers in REO closings, regulatory compliance, and title work.  Our REO attorneys focus exclusively on real estate law, capably navigating title and manufactured housing issues.

 

Sirote understands the importance of conducting REO closings in a timely manner. Our attorneys and staff emphasize contract-to-close timeframes for all real estate closings, both cash and loan transactions. We proudly maintain a contract-to-close average that meets the industry standard. Our Mortgage Banking Group handles REO closings in each of Alabama’s 67 counties to ensure that clients receive the maximum level of experience and attention. 

 

We solve our clients' residential real estate needs for their bank-owned properties. Our team works to resolve complex title issues, thereby minimizing potential loss to our financial clients. We remain at the forefront of solving manufactured housing title issues. Sirote Shareholder Jeff Underwood was instrumental in crafting Alabama legislation that was recently signed into law by Governor Bob Riley. Underwood participated in the signing ceremony to commemorate the passage of the Alabama Manufactured Home Certificate of Title Act that passed in the 2009 Legislative Session. This new law will greatly increase the efficiency of the titling process of manufactured homes in Alabama, thereby reducing the servicer’s carrying costs.

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