Residential and Commercial Real Estate and Development
Lender Representation
We represent many fine banks, mortgage companies, relocation companies, credit unions and individual lenders with their real estate transaction needs. In our 7-plus decades of experience, we have handled numerous real estate transactions for lenders in Massachusetts and for out-of-state lenders that are dealing with Massachusetts property.
The law firm’s real estate section is focused exclusively on real estate law and transactions, and is conveniently located in downtown Chicopee, Massachusetts, within a short drive from the Registry of Deeds. We also handle closings in all other counties in Massachusetts, including Worcester County, Middlesex County, Essex County, Norfolk County, Suffolk County, Bristol County, Barnstable County, Plymouth County, Dukes County and Nantucket County.
Thorough and Personal Service for Financial Institutions
We offer complete real estate transaction services to the lenders we represent. We obtain the title examination and municipal lien certification, and also track missing discharges. We prepare the loan documents, including the settlement statement, and facilitate the closing.
In our vast experience, we have:
- Handled thousands of real estate closings for lenders
- Reviewed and procured all related closing materials, including title examinations, tape surveys, inspection reports, certificates of municipal liens, Title V requirements, smoke detector/carbon monoxide certificates, occupancy certificates and insurance binders
- Prepared HUD settlement statements in compliance with state and federal laws
- Completed all bank paperwork, including subsidized and Mass Housing loans, FHA loans and soft second mortgage documentation
- Written title insurance for lenders and purchasers
- Compiled lender packages and submitted in a timely fashion
We represent both lenders and purchasers simultaneously to streamline the transaction. Many times, a lender allows the buyer to choose his or her own legal counsel. This single attorney approach is very efficient and streamlined, and it oftentimes saves the purchaser time and money.
We work closely with you throughout the real estate transaction to ensure a smooth closing experience. Our personal service provides us with a complete understanding of your real estate needs and allows us to navigate through any issues that may arise.
Refinancing Services
In refinancing, we represent the lender by obtaining a title examination, municipal lien certification and by tracking missing discharges. We prepare the loan documents, including the settlement statement, and facilitate the closing.
Buyer Representation
Real estate transactions are complex. They involve risks and a significant financial investment. Murphy McCoubrey can review and negotiate your purchase agreement to assure that your interests are protected and that you are fully advised of your risks and obligations under the contract.
Whether you are a first-time homebuyer or seasoned purchaser, we are here to meet your needs and exceed your expectations. Buying a home is often the biggest investment that people make in their lifetimes. That is why it is so important to have experienced real estate counsel on your side.
Our experienced attorneys will protect your interests throughout the real estate purchase process. We will:
- Review the offer to purchase
- Review and negotiate the purchase and sale agreement
- Assist you through the inspection process
- Examine the Title to the property to ensure that the property being sold is free and clear of negative encumbrances or liens
- Protect your deposit and financial investment
- Work with the title company to make sure that the property is free of negative encumbrances or liens
- Advise you of your obligations, including insurance, compliance with codes, lead paint risks or other hazardous material
- Work closely with your real estate broker to make sure that the sale goes smoothly and that smoke detector/carbon monoxide certificates are acquired and that water readings are submitted
- Procure certificates of municipal liens and review for possible betterment
- Procure tape survey, if needed
- Procure 6D certificate and insurance certificate (if a condominium)
- Prepare the HUD settlement statement for compliance and assurances of lien pay-offs and equitable apportionments
- Prepare homestead for recording
We are adept at curing impediments to title and negotiating problems that arise due to the inspection. These issues do not have to cancel the closing. Oftentimes, they can be mitigated. Over two decades of legal experience focused on real estate transactions allows us to address these issues and find creative solutions to keep the purchase moving forward.
Homeowner Refinancing Services
Our firm has the knowledge and experience to help you refinance your home at any time. Also, if you don’t have a homestead declaration, it is a good time to have us prepare and record one.
Commercial Real Estate Transactions
Commercial real estate transactions are much more complicated than residential and require the assistance of an experienced real estate attorney. A skilled real estate lawyer is able to protect your financial interests by thoroughly examining and negotiating the intricacies of commercial leases, estoppel and other issues.
Seller Representation
Real estate transactions are complex. They involve significant risks and a large financial investment. Murphy McCoubrey can prepare and negotiate your sale agreement to assure that your interests are protected and that you know your risks and obligations under the contract.
Selling a home is often one of the biggest steps that people take in their lifetime. That is why it is so important to have experienced real estate counsel on your side. At our firm, our experienced attorneys will protect your interests throughout the real estate selling process. We will:
- Review the offer to purchase
- Prepare and negotiate the purchase and sale agreement
- Take all necessary measures to resolve any liens and defects found on the title examination
- Advise you of your obligation as seller
- Work closely with your real estate broker to make sure that the sale goes smoothly, so that smoke detector/carbon monoxide certificates are acquired, that a water reading is submitted, as well as make sure that Title V requirements are met
- Procure 6D certificate and insurance certificate (if a condominium)
- Review and inspect the HUD settlement statement for compliance and assurances of lien pay-offs and equitable apportionments
