Real Estate


Having started Liu & Associates as a small business ourselves back in 2002, we understand the needs you have as a small business owner.

We have therefore created a professional commercial real estate service that complements our corporate and business transaction services in order to offer a complete package of services that you’ll need to start and expand your business.  We have extensive experience working with both large and smaller community banks, as well as various brokers specializing in commercial transactions, which enables us to offer you a closing service tailored for your business needs.  At Liu & Associates, we are committed to putting our knowledge and experience to work for you.

The Closing Process

We begin processing the purchase of your new business location or refinance of your existing loan once we receive the order from the buyer or lender.  We first send an experienced title search attorney to check the title on the property.  This attorney investigates to see who the true owner of the property is and whether this owner owes any loan or any city or county property taxes. We also find out whether the current owner has any unpaid condominium association dues or owes any debt according to judgments from a court.  In addition, we request a survey on the property if the lender requires one.  After we receive the report from the title search attorney, we clear any outstanding issues on the title.  We understand the value of each investment you make, so we take time to ensure that you are getting a title for your property that is as free of liens and other issues as possible.  Failure to clear the title thoroughly could cause the new owner to have to pay loans that he did not take out or even risk foreclosure on the property.

As the title is being cleared, our pre-closing department contacts the different parties to obtain information relevant to the transaction.  This includes:

  • Seller’s information
  • Condominium Association information
  • Owner’s current open loans on the property
  • Buyer’s hazardous insurance on the property

Once all the information has been gathered and title issues have been resolved, our pre-closing department prepares the Closing Statement (or “Settlement Statement”) according to the lender’s closing package.  The Closing Statement summarizes all the financial transactions involved in the deal.  This Closing Statement is then sent to the lender for approval.  If the lender sends us its approval early enough, we send the Closing Statement to the parties involved in the transaction for their review.  After the Closing Statement has been approved, we prepare the remaining closing documents according to the lender’s instructions and have the parties come to our office to sign them.  Our closing attorney presides, explaining all the closing documents to the parties and ensuring that all the documents are executed properly.

After the closing, our post-closing department makes sure that the funds are properly disbursed to the correct parties.   We also send documents to the local county court for recording.  After we receive the recorded documents from the local county court, we send the recorded limited warranty deed to the buyer (if it’s a purchase) and the recorded security deed to the lender.  Please note that if you are doing a refinance, you will not receive any recorded documents from us after closing.