Simonian & Murray Profile & Reviews

Great people and service. I have been working with Simonian & Murray for 7+ years now for real estate closings (purchase & refinance). Their staff is courteous, friendly and extremely knowledgeable. The attorney’s Michael Murray and Ray Capece are extremely knowledgeable and explain all of the closing documentation in detail. Even though they are located in Worcester, MA, they are very accommodating and willing to travel where necessary to get the job done. I have closed loans with them on the Cape, Peabody, Danvers, New Hampshire, as well as my office and theirs. There is not enough great things that I can say about this firm.

On 2/16/18, my company entered into an agreement to purchase another company, contingent upon Buyer reviewing, to Buyer’s satisfaction and approval, pertinent information and documents including, but not limited to 1) the last 12 months of the Business bank statements and Any written notification of cancellation of this Purchase Agreement must be sent to Seller on or before March 20, 2018. Raymond J. Capece, Esq. insisted that the $5,000 refundable deposit be transferred from the escrow agent holding the money to his office specifically. On 2/22/18, my company emailed a complaint that the seller has not provided the required financial documentation, such as bank statements. On 3/19/18, having still not received the bank statements, my company canceled the contract in writing, as the lack of financial data did not meet Buyer’s satisfaction and approval. On 3/20/18, Raymond J. Capece, Esq., acting as escrow agent, stated: . . .the court will adjudicate and settle the dispute. and Please be advised the earnest money deposit will not be released by our office until a judgment is rendered. This is in clear violation of the terms of the contract. It is our opinion that Mr. Capece of Simonian & Murray has violated fair and ethical practices as escrow agent.