The Benefits Of Hiring My Firm For Your Real Estate Transaction
When it comes time to buying or selling of real estate, legal representation can be essential to avoiding costly mistakes and potential disputes between the parties. I am Paul R. Idlas, a lawyer located in Grayslake, Illinois. I have extensive experience handling real estate law matters for people throughout the Lake County area. To learn more about the benefits of hiring a real estate attorney, call me at 847-986-8862.
Ensuring Contract Terms Are Clear And Understandable
Both buyers and sellers often enter into agreements without reading or understanding exactly what it is they are agreeing to. Standard, preprinted forms are the norm when it comes to real estate transactions. This can prove to be problematic as these forms cannot possibly account for all circumstances. I can review your agreements, explain what they mean and make any changes that you would like to see.
Ensuring Purchase Agreement Contingencies Are Addressed
Purchase agreements often contain a number of contingencies that must be met in order for the sale to progress, including whether any additions or improvements were done lawfully, what happens if hazardous materials are present on the property and whether the property is properly zoned for its intended use. I can help ensure that all contingencies are addressed and that financing options are in place so that your interests are protected.
Avoiding Title Surprises
A constant source of litigation in real estate matters are titles. A buyer or seller may be unaware of encumbrances on a property until they or someone else attempts to do something on the property. I understand how to thoroughly review the title, deeds and other paperwork in order to explain exactly what you can expect when buying or selling the property.
Avoiding Last-Minute Disputes At Closing
The final step in a real estate transaction is also the most important. I can be present at the closing to ensure that you are not taken advantage of should last-minute disputes arise. I can also explain the required paperwork in clear terms as well as the nature, amount and fairness of any closing costs.