Closing Attorneys with Over 70 Years of Experience. The REAL ESTATE CLOSING PROFESSIONALS of CHOICE

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1 A QUARTER CENTURY OF REAL ESTATE CLOSING EXPERIENCE The REAL ESTATE CLOSING PROFESSIONALS of CHOICE For over a quarter of a century, Peck & Tuneski has continually earned the trust, respect and repeat business of its clients. Now, with convenient locations throughout Connecticut, and online tracking of your file status at our award winning website it s easier than ever to make P&T a part of your growing business team. Comprehensive overviews of our Real Estate Closing Services, Attorneys and Fees are enclosed. P&T is proud to be the real estate closing professionals of choice for lenders, real estate agents, and thousands of Connecticut home and business owners on the shoreline and beyond. Closing Attorneys with Over 70 Years of Experience Closing Coordinators with Over 50 Years of Experience Quick Turnaround from Title Order through Closing Reasonable, Fixed Costs for All Residential Closings Closings Held at Convenient Office Locations Fast, Efficient Real Estate Closings Track Closing Status Online at our Award Winning Website FREE Educational Seminars for All Real Estate Professionals at Your Office or Our office NO Additional Cost for Attorney Review of Real Estate Contracts

2 Attorneys Patricia H. Modzelewski practices in the areas of Real Estate Law, Mediation, General Civil Litigation, Probate and Estate Administration. After earning her bachelor s degree from the University of Connecticut, Attorney Modzelewski graduated from the University of Bridgeport School of Law. Patricia licensed to practice law in all Connecticut Courts and the United States District Court for the District of Connecticut. Patricia is a member of the Connecticut Trial Lawyers Association; Connecticut Bar Association and its General Practice, Family Law, and Alternative Dispute Resolution Committees; and the New London County Bar Association, where she serves as the co-chair of the Women in the Law Section. She is also a member of the Connecticut Mortgage Bankers Association, American Land Title Association, the Connecticut Mortgage Brokers Association, and the Connecticut Society of Mortgage Brokers, as well as an affiliate member of the Middlesex Shoreline Association of Realtors, serving on its community relations committee, Additionally, she is a member of the Old Saybrook Chamber of Commerce, and an affiliate member of the Greater Hartford Association of Realtors. Attorney Modzelewski is very active within her local judicial district and serves as an appointed Arbitrator and Fact Finder for the Superior Court for the Judicial District of New London Civil Division. She is a Special Master for the family division and has been actively involved with the Early Intervention Program for custodial dispute resolution since the program s inception in the 1990s. Attorney Modzelewski also served for many years on the Middlesex Bar Grievance Committee. Attorney Modzelewski s practice includes being a mediator for divorce and custodial issues. Patricia holds the Advanced Practitioner designation with the Association for Conflict Resolution and is a member of the Connecticut Council for Divorce Mediators and Family Dispute Resolution. Patricia s interests and community involvement include serving as an officer and board member of the Visiting Nurse Association of Southeastern Connecticut, as co-chair of the legislation committee of the Auxiliary of Lawrence & Memorial Hospital, and a member of the Guild of Catholic Lawyers, Southeastern Connecticut Women s Network and the International Legal Fraternity of Phi Delta Phi. As the parent of four children, Patricia is also an active volunteer with the local sports leagues, the Boy Scouts of America and the Girl Scouts of America. Jonathan A. Peck practices in the areas of Real Estate, Corporate Law, Business Organizations and Commercial Litigation. As a member of the firm, Jonathan has represented buyers, sellers and lenders in over 30,000 real estate transactions earning the respect of industry professionals and consumers throughout the region. His extensive real estate knowledge has proven beneficial to clients in resolving title issues and disputes that may otherwise have been difficult to resolve. Jonathan graduated from Clark University in Worcester, Massachusetts, and later went on to Suffolk University School of Law in Boston, Massachusetts. He practiced for three years in Massachusetts prior to joining the firm in Jonathan s well rounded background, including his Commercial Litigation and Business Law experience, has provided him with a valuable legal perspective enabling him to obtain optimum results on behalf of his clients. Jonathan is a member of the Commercial Law League of America, the New England Mortgage Bankers Association, the Connecticut Mortgage Bankers Association and the American Land Title Association. He is also a member of the American, Connecticut and New London County Bar Associations. He is active with both the Eastern Connecticut Association of Realtors, and the Middlesex Shoreline Association of Realtors and acts as Chairperson of the Eastern Connecticut Association s Affiliate Task Force.

3 Attorneys continued Catherine M. Jones joined Peck & Tuneski, P.C. in She was admitted to the Connecticut Bar in 1992 after graduating from Western New England School of Law in Springfield, Massachusetts. She received her bachelor s degree from Notre Dame College in Manchester, New Hampshire in Catherine practices in the areas of Real Estate, Estate Planning and Probate. Catherine s professional affiliations include membership in the American, Connecticut and Middlesex County Bar Associations. Additionally, she is an enthusiastic participant in a range of community activities in and around Berlin, Connecticut, where she resides with her family. Active in Saint Paul's Church in Kensington, as well as in her local PTO chapter, she is also proactive on behalf of the Media Center at Emma Hart School in Berlin. She supports Midget Football and shares her family s passion for Irish Step Dancing at the Griffith Academy in Wethersfield. Catherine serves as Treasurer of a parent organization, which is active in funding local Irish Step Dancers to compete at both the world level and the national level, where her daughter recently competed. Michael D. Shapiro joined Peck & Tuneski, P.C. in May of 2006 as Of Counsel. Attorney Shapiro is a long time resident of South-eastern Connecticut and has practiced law in New London since Attorney Shapiro practices in the areas of divorce mediation and family law, probate and real estate. His general practice experience allows him to compliment Peck & Tuneski's practice in all areas. He is admitted to practice before all courts in the State of Connecticut as well as the U.S. District Court for the District of Connecticut. He is a graduate of Brown university and Boston College of Law. He is a member of the Connecticut and New London County Bar Associations. Attorney Shapiro has been active in civic and community affairs. He has served as President of the Community Foundation of Southeastern Connecticut, original Trustee of the Martin Luther King Scholarship Trust Fund, Moderator of the Waterford Representative Town Meeting and is active in the Brown University Alumni Association.

4 Real Estate Closing Services Experience, Convenience And Affordability: Choose The Real Estate Professionals Of P&T At P&T, we devote a substantial portion of our practice to serving the real estate closing needs of our clients, including Lenders, Sellers and Buyers. For more than a quarter century, P&T has gained invaluable experience performing thousands of real estate conveyances and transactions involving both residential and commercial properties. The Attorneys of P&T share over 70 years of real estate closing experience, while our dedicated staff of Closing Coordinators share more than 50 years of experience. P&T has earned the trust and respect of thousands of Connecticut individuals, homeowners, and businesses on the shoreline and beyond. With offices located throughout the state, affordable rates, and online tracking of your file status at our award winning website P&T is even more service oriented and convenient. Whether you are already a client or considering retaining P&T and would like to learn more about us you may access more information and convenient tools for the real estate closing process online at: It is our distinct pleasure to hear from you as a new client, and to work with you to best serve your individual real estate needs. It is in this manner that P&T has proudly developed many long term professional relationships serving the repeat business needs of our growing clientele. Representing The Interests Of The Lender P&T is experienced in representing the interests of small or large, institutional Lenders, at reasonable and affordable rates. Our staff of closing coordinators provide efficient and personal points of contact for each transaction. Lenders and their customers are assigned a closing coordinator for each transaction and that person is responsible for the file through the closing. We are capable of receiving our closing documentation in any format necessary. HUDs can be sent via facsimile or for review prior to closing. After settlement, our post-closing department completes all applicable closing requirements and returns the file to our lender client. Title policies always accompany the file when the closing package is sent and our post-closing department is available to provide any necessary follow-up after the loan documents have been returned. Our fee structure is most competitive. We strive to provide quality legal closing services at reasonable rates for all of our lender and borrower clients. A comprehensive explanation of fees are enclosed for your consideration. Lenders can be confident that P&T s thorough and seamless management of the closing process protects and represents their interests efficiently and affordably. Representing The Interests Of The Buyer P&T recognizes that the buying process may seem very confusing especially to first time Buyers and/or Borrowers. We strive to make this process as comfortable, streamlined and easy to understand as possible.

5 Real Estate Closing Services continued Typically, P&T as your attorney will also represent the interests of your Lender resulting in less attorney fees paid by you at closing. In the event you retain your own personal attorney, different from the Lender s attorney, you will incur additional expenses for such personal representation. Complete and full disclosures regarding Buyer representation and the law are available on our website. As part of our Buyer or Borrower representation, P&T provides the following services: Reviewing the Purchase and Sale Agreement (P&S) between you and the Seller if requested. Performing and reviewing the title search for the property you are purchasing. Resolving contract issues which may arise during the pendency of your purchase. Answering general questions you may have about the closing process. Coordinating your closing and representing you at the closing by reviewing all closing documents and explaining their meaning and significance to you. Recording all documentation with the Town Clerk. Issuing title insurance for both you and your lender to protect your interests in the property against title defects. The Closing Process: What All Buyers Should Know The application to your Lender for a home mortgage loan invariably leads to your closing attorney s office. You may have several questions which typically include what the role of the closing attorney is, what tasks he or she will perform on your behalf, and what will take place at the closing. It is important to understand that your closing attorney may represent the interests of the Lender, as well as your interests as the buyer. If your loan transaction is of the common Fannie Mae/Freddie Mac/FHA variety, the loan documentation and the promises and obligations you must agree to are uniform throughout the state and, in most instances, the entire United States. Therefore, your interests are protected by the uniformity of the documents you will be asked to sign. In most situations in Connecticut, the Lenders attorney also represents the interests of the Buyer/Borrower. P&T makes every effort to assist Borrowers in the mortgage loan transaction. Sometimes issues are discovered in the title search regarding the record title to a Seller s property. If there are title issues, we work with the Buyer/Borrower to keep them fully informed. We seek to resolve title issues and disputes as reasonably and amicably as possible. The fees quoted by your Lender include those associated with a standard residential loan transaction, including: Attorney s Fees / Title Search / Title Insurance / Recording Costs: Courier & Certified Copy Fees. As a Buyer considering legal representation by P&T, you may access more information about our fees, as well as all the various aspects of the real estate closing process at:

6 Real Estate Closing Services continued Representing The Interests Of The Seller P&T can represent you as a Seller for a reasonable and affordable fee while providing you with the comfort you need to proceed confidently with the sale of your home, investment or commercial property. As part of our Seller representation, P&T provides the following services: Resolving contract issues which may arise before your closing. Explaining the closing process to you and helping you to understanding what your Buyer s financing requirements mean to you. Correcting title issues that may be found after a title search of your property by your Buyer s attorney. Coordinating your closing and representing you in the closing by reviewing all closing documents and explaining their meaning and significance to you. Answering general questions you may have about the closing process. Preparing all documents necessary to convey the property to your Buyer. As a Seller considering representation by P&T, you may access more detailed information about the real estate closing process at:

7 Fee Schedule Representation of Borrower in a Refinance Transaction P&T s quoted fee for lender representation includes personal representation of the Borrower at no additional charge. Attorney Fee $ Title Search Fee $ (A discount of $50.00 is offered to clients for whom we have done a closing on the same property.) Title Insurance Real Estate Fee Schedule For over a quarter of a century Peck & Tuneski, P.C. has provided quality real estate closing services at reasonable prices. Our fees for most residential closing transactions are based on fixed fees charged to our clients atclosing. The following is our current fee structure for residential closing files. Representation of Buyer/Borrower in a Purchase Transaction P&T s quoted fee for lender representation includes personal representation of the Borrower at no additional charge. Attorney Fee $ Title Search Fee $ Fees for a cash purchase are as follows: Attorney Fee $ Title Search Fee $ Fees for Personal Representation only are as follows: Title Insurance is issued by Peck & Tuneski, P.C. as a licensed title insurance agent. For basic calculations, the following rate schedule can be used. For specific rates for each transaction contact our office or visit our web site for a rate calculator. Amount of Title Insurance Loan Policy Owners Policy Up to $20, $ $ Each additional $1,000 or fraction thereof 20,001 to 100, ,001 to 200, ,001 to 500, ,001 to 5,000, Title insurance is discounted by Forty (40%) percent for a refinance if the loan amount is less than a mortgage obtained by the borrower within the last ten (10) years that was the subject of title insurance. Representation of Seller in a Purchase Transaction Attorney Fee $ Attorney Fee $ Title Search Fee $175.00

8 Fee Schedule continued Miscellaneous Charges Courier & Package Handling Fee $ Courier Fee PATM per overnight mail package Release Tracking Fee $35.00 per release to be obtained Connecticut Recording Fees $43.00 first page $5.00 each additional page Preparation of Power of Attorney $75.00 Preparation of Quit Claim Deed $75.00 Corporate Office: 10 Pearl Street New London, CT Telefax: Offices Conveniently Located at: 17 West Parkway Plainfield, CT Telefax: Mill Rock Road East Suite 104 Old Saybrook, CT Telefax: Riverview Center Suite 308 Middletown, CT Telefax: Park Place Branford, CT Telefax: