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Allen Law, P.A. provides legal advice in preparing or reviewing documents, such as mortgages, promissory notes, warranty deeds, quit claim deeds, easements, and other transactional documents. It is recommended that an attorney review the contract for the sale of property, ensuring that any contingencies that may exist will allow the person to obtain a refund of their earnest money deposit, if he or she is unable to obtain financing. When executing a mortgage, individuals must keep in mind that the terms of a mortgage will govern their obligations to the lender for a period of about 30 years. It is important to know whether the interest rate on the mortgage is fixed, variable, or whether it is a balloon mortgage, which may cause a borrower to default in the future. Many of the closing documents involve completion of pre-printed forms, but the details of a particular transaction may need to be amended in order to protect the buyer or seller. Allen Law, P.A. can also negotiate on behalf of sellers or buyers in real property transactions. Please contact us for a free* initial consultation.