Spanish Speaking Lawyer Oak Park

Cook 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 Oak Park real estate transaction lawyer is important to ensure that your interests are being protected.

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At our Oak Park 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.

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When you hire our Hispanic real estate attorneys in Oak Park 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.

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Are you Looking for a Real Estate Attorney in Illinois?

Call today for your free attorney consultation

Real estate lawyers are a dime a dozen; a great real estate lawyer in Illinois is hard to come across. Real estate transactions can be complex and tricky, but they don’t have to be. Our skilled real estate attorneys are committed to serving the real estate needs of our clients with integrity and dedication.

Our real estate lawyers represents homeowners, small business owners, real estate developers, landlords, tenants, and other commercial clients with a variety of real estate issues.

Do you need a real estate lawyer? Call us today to schedule a free confidential consultation with a highly skilled Illinois real estate attorney. Or, contact us here. Our firm serves the entire Metro-Chicago area.

Experienced Illinois Real Estate Lawyers

Complex and intricate real estate transactions are becoming the norm in today’s real estate environment. Law’s real estate practice brings a wealth of knowledge to residents and businesses of Illinois.

Our real estate attorneys provide legal representation and advice regarding:

  • Buying and selling commercial and residential real estate

  • Drafting/Reviewing real estate contracts

  • Lease/Purchase agreements

  • Land use and zoning

Contact Our Law Firm today to discuss your real estate matters

If you are faced with a real estate legal issue and would like to learn more about your options, our real estate attorneys would be glad to meet with you. We will go over your options and answer any questions you may have during your free consultation.

Give us a call to schedule a free consultation. Our office is located in Troy.

Why Real Estate Lawyer?

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What is the difference between a mortgage and a deed of trust?

A mortgage is a document that encumbers real property as security for the payment of a debt or other obligation. The term "mortgage" refers to the document that creates the lien on real estate and is recorded in the local office of deed records to provide notice of the lien secured by the creditor. The creditor or lender, also called either mortgagee (in a mortgage) or beneficiary (in a deed of trust), is the owner of the debt or other obligation secured by the mortgage. The debtor or borrower, also called the mortgagor (in a mortgage) or obligor (in a deed of trust), is the person or entity who owes the debt or other obligation secured by the mortgage and owns the real property which is the subject of the loan.

In almost all cases, the law of the state in which the property is located dictates whether a mortgage or deed of trust can be used. Although a deed of trust securing real property under a debt serves the same purpose and performs the same function as a mortgage, there are technical and substantive differences between the two. A deed of trust is executed by the debtor and property owner, to a disinterested third person identified as a trustee, who holds the ownership of the property in trust for the creditor; whereas, when a mortgage is used, title to the collateral remains in the debtor, and the mortgage creates a lien on the real estate in favor of the creditor. In some jurisdictions, the deed of trust enables the trustee to obtain possession of the real property without a foreclosure and sale, while others treat a deed of trust just like a mortgage. In the latter jurisdictions, the deed of trust is governed by the law applicable to mortgages. The deed of trust requires the trustee to reconvey the property back to the debtor when the debt has been paid in full. Assignment of the creditor’s interest does not result in a change of trustee; instead, only the note or other evidence of debt is transferred and the new owner of the loan acquires the prior lender’s beneficial interest in the trust.

What is commercial financing in general?

Financing a property is the standard method by which individuals and businesses can purchase residential and commercial real estate without the need to pay the full price in cash up front from their own accounts at the time of the purchase. Financing for non-residential real estate is generally obtained from a bank, insurance company or other institutional lender to provide funds for the acquisition, development, and operation of a commercial real estate venture. Commercial financing loans are secured primarily by real estate and related assets owned by the debtor. Assets used to collateralize commercial finance loans, aside from the real estate, may include fixtures, equipment, bank and/or trade accounts, receivables, inventory, general intangibles, and supplies. Documents evidencing and securing the loan typically include: loan agreements, promissory notes, mortgages or deeds of trust, assignments of rents and leases, financing statements, environmental indemnity agreements, guaranties, subordination, non-disturbance and attornment agreements, estoppel certificates, and other ancillary documents.

What Real Estate Lawyer Do?

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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.

Abogado Para Bienes Raices

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.

Cook County, IL Spanish Speaking Attorneys