Will County, IL real estate law is a very complex area that not all lawyers know about. Whether you are buying a home or trying to sell a land, or simply need to solve a problem of proximity, the assistance of an experienced Crest Hill real estate transaction lawyer is important to ensure that your interests are being protected.
At our Crest Hill offices we offer you a comprehensive Spanish speaking representation in real estate law. With more than 30 years of experience and practical and innovative solutions, we have successfully represented thousands of clients throughout Illinois.
Abogados Espanoles Illinois
When you hire our Hispanic real estate attorneys in Crest Hill IL, we do extensive analysis of your situation. Work together with you to know and understand your concerns so that we can present the options and / or alternatives available to you, always taking into account that our route is to obtain a positive result for you.
Best Crest Hill Top Hispanic Attorney
When Do Real Estate Transaction Lawyers Get Paid
What is an escrow and an escrow agent? What does it mean to have funds or documents in escrow?
An escrow agent is typically a third party designated to hold an item (usually funds, but sometimes certain documents, such as a deed and/or mortgages) for a certain time or until the occurrence of a condition, at which time the escrow agent is to hand over the item to another party. Typically the escrow agent will be the title company, and the funds and documents that they are holding include any deposits made under the contract to purchase the property, as well as the deed and the mortgage instruments. In many home purchase contracts, the initial deposit or earnest money will be held by an escrow agent until the closing. In some states, the entire closing happens through an escrow agent, with all funds and documents being collected and distributed in the manner required by specific and detailed written escrow instructions.
How does the buyer know how the land surrounding the property will be used?
Typically, the seller does not guarantee how the area surrounding the property will be used. Some purchase agreements ask the seller to warrant what the seller knows about surrounding property uses that might interfere with the use of the home, but many do not. If a buyer is concerned, he or she should contact the property appraiser or tax collector for the county in which the property is located and determine who owns the surrounding land, or speak to the zoning or planning department of your local municipality prior to purchasing the property to understand how surrounding uses may affect you. The title commitment only discloses information about the property being purchased and does not attempt to inform the buyer about surrounding uses. Sometimes a survey will identify the owners of any immediately adjacent parcels. The purchaser needs to take responsibility for finding out what uses may affect him or her. The buyer can ask the neighboring property owners if they know of plans to develop land surrounding the property. The buyer may also wish to talk with the building or zoning office of the local municipality to confirm the zoning of surrounding property so as to know what kinds of uses might be made in the future, although zoning can be changed.
What Real Estate Lawyer Do?
Our real estate attorney team is a comprehensive business and real estate law firm. Whether your business is looking to purchase a commercial property or renegotiate a lease, the commercial real estate lawyers have the experience and expertise to successfully represent your business in any real estate transaction. Our business real estate attorneys provide practical business and real estate advice with flexible fee arrangements that are highly cost competitive.
The Real Estate team offers a wide range of real estate legal services:
- Acquisitions, Sales and Dispositions
- Financing and Refinancing
- HUD and MSHDA Insured Loans
- Real Estate Syndication Services, including offering memoranda and related subscription documents
- Commercial Leasing, including retail, office and industrial
- Zoning, Land Use and Regulatory Matters
- Condominium Documentation
- Property Disputes
Real estate law is central to our firm’s practice. The team consists of seasoned real estate lawyers who have experience handling all types of residential and commercial real estate matters. Regardless of the size of transaction, our attorneys specialize in providing “big firm” service for a fraction of the fees charged by large law firms. Our clients are a testament to our aptitude and include leading companies and entrepreneurs in real estate development and finance. We provide our clients with both sound legal guidance and common-sense business counseling, all at the right price.
We also handle business entity selection and formation, commercial debt collection, export compliance, and intellectual property registration and protection.
Real Estate Attorney For Tenants
Illinois, Residential Real Estate Attorney
Buying a home is often one of the most exciting times in life. A home is also one of the largest investments a person can make in his or her life. Our Illinois firm represents home buyers or sellers throughout the real estate transaction. We protect the interests of our clients, ensuring that the purchase or sale agreement they are entering into protects against future problems as much as possible.
If you are interested in learning how a lawyer from IL can help with your residential real estate needs, contact our firm to arrange a consultation. At our firm, we give clients honest assessments regarding attorneys' fees. We also offer evening and Saturday hours to accommodate busy schedules.
A Seamless Home Closing
Our attorneys offer comprehensive service to homebuyers and sellers during the buy-sell process. We routinely review contracts to ensure our clients' interests are protected and modify contracts when necessary. We strive to provide clients with a seamless closing process, meeting deadlines and reviewing contracts. Serving as agents for the Attorneys' Title Guaranty Fund, Inc. has provided our firm with extensive experience in residential real estate transactions. We are able to do home closings in our office and are highly adept at preparing titles and deeds.
Residential Real Estate Litigation
We also represent clients in residential real estate disputes. The need for litigation may arise because of a nondisclosure of a home's defect. Our firm initiates protective and aggressive actions on behalf of our clients. When a client encounters a dispute, our firm is prepared to address the issues. We do file suits, when in our clients' best interest, and aggressively pursue its completion.
El derecho de bienes raices es una area muy compleja que no todos los abogados conocen. Ya sea porque usted esta comprando una casa o tratando de vender un terreno, o simplemente necesita resolver un problema de colindancias, la asistencia de un abogado experimentado es importante para asegurar que sus intereses estan siendo protegidos.