When Is a Closing Attorney Selected?

In Georgia, the closing attorney represents the lender that provides the loan, (or the Buyer in an all cash transaction), but the BUYER names the closing attorney in the sales agreement. The closing attorney’s role is significant, as they ensure all parties understand the complexities of the real estate closing process.

As the buyer, you have the option to select the closing attorney. You have the opportunity to find someone who specializes exclusively in real estate, one who is transparent about the fees they charge, and one who makes it clear they will answer every question and use as much time as it takes to be sure the buyer feels comfortable with the process and the outcome. 

A closing attorney is required in Georgia when it comes to real estate closings. When you are ready to purchase a home, make sure you have your closing attorney selected before you make that first offer.   

Importance of Selecting an Independent Closing Attorney

It is important to select an independent closing attorney for many reasons. We believe one of the top reasons is integrity.  When putting a house under contract, an Affiliated Business Arrangement is a document stating that there is a business relationship involving the sharing of profits by a settlement service provider to another affiliated business. Origin Title does not participate in these because we see them as a conflict of interest. Affiliated Business Arrangements do nothing but raise the overall closing costs for the buyer and seller. 

As you work with your agent to submit an offer on a home, if you are encouraged to use a particular closing attorney, ask if they are affiliated with the real estate office. If they say yes, consider doing more research and choosing an independent closing attorney. The best real estate agents select a closing attorney because they are good, not because the broker gets paid more.