Selling a home

Your new home

SELLING YOUR HOME WITH OHLY LAW

Congratulations on your decision to sell your home. This major milestone should be a rewarding and stress-free experience, and at Ohly Law Office, we’re here to ensure it is. We understand that selling your home involves a series of intricate steps, which is why we’ve developed a comprehensive approach to manage this process effectively. Our legal team provides personalized service, understanding your unique needs, and helping you navigate every step of the sale process.

WHY CHOOSE OHLY LAW OFFICE?

Comprehensive Legal Guidance: With our team by your side, you can rest easy knowing that all the legal aspects of your home sale will be handled professionally. From understanding whether your property is abstract or Registered, to ensuring all loan payoffs are ordered and completed correctly, we’re here to guide you through each step.

Expertise in Abstract and Registered Land: Not all properties in Rochester are abstract properties. Some are Registered land, which doesn’t require abstracts for transfer. If you’re unsure about your property type, our team can provide the necessary clarification and guide you accordingly.

Loan Payoff Assistance: If there are loans on your property, we ensure they are paid off at closing. Our team will take the lead in ordering payoff statements from your lenders, helping you navigate any potential complications.

Handling Sale Documents: The sale of your home requires several essential documents to be signed and processed. Whether your buyers are closing at our office or elsewhere, we’ll ensure that all documents are signed timely and correctly.

After-Sale Support: Once the sale documents are signed, we ensure that they are exchanged for your buyer’s purchase money at closing. We’ll make sure your proceeds, after loan payoffs and closing costs, are available shortly after closing. You can pick up the check at our office, have it mailed to you, or deposited directly into your local bank account.

At Ohly Law Office, we believe in delivering comprehensive, client-focused service. We’re not just handling the sale of your home; we’re helping you transition into the next phase of your life. Trust our team to provide the legal representation you deserve during this significant milestone.

SellING steps

Now that you and your buyer have signed a purchase agreement, there are a few things that need to occur prior to closing.

  • If you are in possession of the abstract to your property, we can pass that along to your buyer.

*Not all property in Rochester is abstract property. Some property is Registered land, and abstracts are not necessary to transfer Registered Land. If you are unsure whether your property is abstract or Registered, please call us and we will let you know.

  • Loan Payoffs must be ordered* – If there are loans on your property they must be paid off at closing. To do this we need to order payoff statements from your lenders. Please provide:
    • Social Security numbers
    • Loan Numbers, and a recent statement (if available)
    • Please sign the form requesting your lender to provide a payoff and close the account.

*Loan payoffs are generally ordered one to two weeks prior to closing. Your payoff will be sent out the day of closing. If you make a payment very close to the closing date, a new payoff may need to be ordered resulting in additional fax charges assessed by your lender.

  • You must sign the Sale Documents ¬– If your buyers are NOT closing at our office, you will need to make an appointment to sign your documents prior to closing. If your buyers are closing at our office you will sign your documents after your buyer’s loan closing. If you are not sure where your buyers are closing, please call us.

Once you sign the sale documents, they will be exchanged for your buyer’s purchase money on the date of closing. A check for your proceeds, after loan payoffs and closing costs, will be available shortly after closing. You may pick this check up at our office, have it mailed to you, or if you leave a deposit ticket for a local bank, we can deposit the funds for you. 

We thank you again for the opportunity to be of service.