The Benefits of Hiring Chicago Real Estate Attorneys

Buying and selling property can be a complicated process. The transaction verbiage and requirements alone can be overwhelming. Working with an experienced attorney, however, has many notable advantages.

6 Reasons to Hire Edgewater & Chicago Real Estate Attorneys

The expenses that come with buying or selling a home are enough to make people shy away from legal assistance. Here are some of the primary benefits of working with a real estate attorney:

• Negotiation On Your Behalf

A real estate attorney doesn’t just negotiate the terms of the contract that you entered into to sell or buy your home. They can also mediate for contingencies and repairs. Additionally, they ensure that a sufficient amount of time has been allotted for closing and taking possession of the home.

• Executing Title Searches & Liens

Your real estate lawyer will execute title and lien searches to ensure the house can be sold legally. If your attorney finds a lien on the property, they will resolve the issue so you can continue with the transaction. If the matter is unable to be solved, they can offer advice regarding moving on to another property.

• Drafting, Reviewing, & Interpreting Contracts

Unlike agents or mortgage lenders, real estate attorneys are experienced in real estate law. Your attorney can draft or review a deal-specific contract that will protect your rights and help ensure a successful transaction. A real estate lawyer is also very beneficial in more complex situations, such as contracts that involve a trust or corporation.

• Reviewing & Interpreting Home Inspection Documents or Disclosures

An experienced real estate lawyer can explain the home inspection documents and disclosures. They can advise you on how to proceed based on those findings. Your attorney can help prevent you from buying a home you later regret.

• Proper Paperwork Filing

A lot of paperwork, including important legal documents, goes into a real estate transaction. One simple mistake can cause a delay of several weeks or even months. Your attorney will make sure that all of your documents are legal and properly completed to expedite the deed transfer.

• Assistance With Real Estate Closing

Your real estate attorney can resolve any last-minute disputes before closing. They can also prepare a closing document to detail all of the financial transactions that occurred during the sales process. Knowing that this document will meet all legal requirements provides priceless peace of mind.

Experienced Real Estate Lawyers in Chicago

Metz + Jones, LLC, understands that buying or selling a home is one of the biggest financial decisions you will ever make. Our legal team is here to assist you throughout the entire process and will protect your rights along the way. For more information about our residential and commercial real estate legal services, contact our firm to schedule a consultation.