Document Preparation in Chicago, Illinois
Real Estate Legal Documents are Complex. Protect Your Investment With Experienced Legal Assistance.
Whatever is said during real estate negotiations, and regardless of promises may have been made, it is the final written documents that will control what happens. You need to make sure that everything is in order to protect your investment. A Chicago real estate attorney can prepare all of the documents, or review all prepared documents, explaining them and suggesting alterations, for your benefit.
Types of Real Estate Documents:
- Purchase and Sale Agreements: A purchase and sale agreement is a written contract signed by the buyer and seller stating the terms and conditions under which a property will be sold. One of our Chicago real estate attorneys will draft this for you, structuring contingencies, and addendums, editing what’s required of the seller, and much more.
- Deeds: A real estate deed is the written document transferring ownership of real estate property from one person to another. The deed needs to contain specific information in order to be legally valid, including the parties to the transaction, a full description of the property, and dates and locations related to the transaction.
- Review Contracts: Contract negotiations, especially in the context of important financial contracts, can be difficult. An attorney can assist you with negotiations so your needs and requirements will be met. Additionally, an attorney can help you with drafting and reviewing contracts, and explain to you your duties under the contract.
- Seller Notes: A seller note is a useful tool which allows sellers to move a home faster and get a sizable return on the investment. Buyers also may benefit from less stringent qualifying and down payment requirements, more flexible rates, and better loan terms on a home that otherwise might be out of reach. If this type of financing is an option, a real estate attorney can draft the documentation or edit a current draft.
- Review Financing Agreements: Your financing agreement is the lifeblood of your transaction. Whether you're buying a house, condominium or multi-unit, it is critical that everything is in order, and having an attorney review the agreement will help ensure that there are no hidden or misunderstood items that could come back to haunt you in the future.
- Closing Documents: There may be over 100 pages to sign on your closing day. You’ll want to ensure that everything is in order at the closing, and the best way to do this is to have a qualified real estate attorney either draft, or review and edit all closing documents.
Need Help With Real Estate Document Preparation?
Real estate transactions can be extremely complex. You need to make sure that everything handled correctly to get the most out of your investment. Having an experience lawyer in Illinois take you through the process, from reviewing financing and clearing the title, to helping at the closing, which can make your life a lot easier and save you from major financial catastrophes! At Suburban Legal Group PC, we are here to help you. Request a Free No-Obligation Real Estate Consultation Today!