Residential Closing Attorney
Telephone :(630)263-1949 Real Estate Law
If you are interested in a residential purchase it is important that you get an experienced attorney to guide you through the process. From the start of the purchase, you need a Real Estate Attorney that will review the contract to make sure you are protected. The other side will be represented and not looking out for your interests.
Our Attorney will review the contract and all draft necessary changes in the form of a Buyer's Modification Letter. We will also draft all necessary communications with the other side during the transaction and until you close. We will contact the Seller's Attorney, title company, lender, brokers and any other party to make sure you transaction is smooth and without problems.
You will pay one low fixed fee that covers all of are services including unlimited consultations with you and drafting of all necessary documents and communications with the other side. We will conduct the closing and review the lenders package and all loan documents on your behalf.
We will make sure you are getting the appropriate tax prorations, correct credits, closing costs and explain all of the numbers to you from the CD and ALTA settlement statement.
It is important to us when you finish the transaction you completely understand every number involved and we have answered all of your questions. We will work with you to accomplish your dream of purchasing a home. Work with our Real Estate law firm to achieve your goals.
When you are selling a home it is tremendously stressful. Let our firm take that responsibility off of your plate and take care of the entire transaction. We will work with you from the start in reviewing the Buyer's off and contract. We will have consultations with you to draft a Seller's Modification Letter to make sure you are legally protected. We will analyze the title to ensure that the property is being transfer correctly and without any liens or encumbrances. We will communicate with all of the other parties throughout the transaction including the Buyer's attorney, lender, title company, surveyor, City Hall, Tax Authority, other brokers. We will draft all necessary closing documents on your behalf and make sure that the closing is effortless. We will draft the Bill of Sale, Affidavit of Title, ALTA, Hold Harmless Agreement, Disclosure Statement, POA if needed , PIA if needed, Review of any applicable Trust Documents, 1099 S tax forms, No Information Reporting Tax forms, Prepare letter of direction on your behalf. We will attend closing on your behalf.
If you are selling a property we will consult with you and after if advantageous will set up a 1031 Intermediary Exchange with one of the approved companies. By utilizing this 1031 exchange in the event you had a large gain you can defer the gain until it is more advantageous for you to recognize the gain at a more favorable tax basis. You can also benefit by growing your equity in your Real Estate investment tax free and increase your profit. Your asset then will continue to grow on a tax free basis until you decide to recognize the gain. There are very specific and strict requirements and tax deadlines in order to properly use a 1031. Get an experience Real Estate Attorney to discuss with you whether your individual tax situation could benefit from a 1031 exchange.
Our firm will answer all of your Real Estate questions throughout the process and make sure you are protected. You can communicate with us at any time. There is no limit on how often you contact us. We want to make sure you are satisfied if a problem arises and address it head on.
Representing Buyers and Sellers, in Residential Closings throughout Chicago and Suburbs. Work directly with the attorney, not a secretary. Available 24 hours a day with any questions regarding your home. My goal is to provide you with a smooth closing experience. I will listen to your needs. Answer all of your questions and work with you during this important time.
Mention "Summer Sale" and receive $200.00 off a Residential Sale.. Residential purchase starting at $399.00 if retained prior to 09/31/2022 for the 5 county area.