Why You Need a Lawyer for Your Next Real Estate Deal

It only takes a quick drive in your Schaumburg or northwest suburban neighborhood to see that the real estate market is pretty hot this summer. With ‘for sale’ signs being quickly replaced with ‘sold’ signs, you may be wondering if now is the right time to finally sell your home or purchase a new one. In any case, whether you are buying or selling, it is important that your protect your interests and investment by working with an experienced real estate attorney.

Attorney Assistance for Buyers

Purchasing your new home is stressful, and you need to be sure you are protecting your investment. Working with an experienced attorney will give you the confidence you need, and the guidance you require, to make your transition as smooth as possible.

The attorney for a real estate buyer can serve in many ways throughout the purchase process. The attorney should review the contracts and work with the home inspection process, making sure that any issues or required repairs are reported in a timely manner before the closing. It is also the responsibility of the buyer’s attorney to negotiate the best deal for any repair costs. Beyond the inspection process, your attorney will also assist in reviewing the mortgage and making any recommendations or noting any considerations.

At closing time, the attorney also plays an important role reviewing all closing documents including the title paperwork and mortgage. Without an attorney, a buyer can quickly become overwhelmed and unsure during the closing process.

Attorney Assistance for Sellers

Real estate attorneys aren’t just for those who are buying a home. Sellers also need the services of an experienced attorney. The attorney for a seller will assist in reviewing and compiling the title transfer, working with the title company when needed, to assure clarity and accuracy. Prior to the closing, the seller’s attorney will work on the closing documents and assure that the money is transferred successfully to the seller at the time of closing.

Without an attorney on your side, buying or selling property can be overwhelming; it is irresponsible to attempt to do it on your own. Fortunately, the team at Gandhi Selim Law has years of experience working for buyers and sellers. We are well equipped to guide you through the process whether it is your first home or your fifth commercial property.

Give us a call to set up your free 30 minute consultation so that we can get to know you and your real estate goals.