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  • Chicago Real Estate Attorneys :: Top Questions #1

Chicago Real Estate Attorneys :: Top Questions #1

  Hi – I’m Danielle Colyer an Attorney practicing real estate law. If you are selling or buying property in Chicago or the in Chicagoland area, here are a few things to think about. Every real estate transaction will involve a lot of moving parts.  Real estate brokers, mortgage lenders, home inspectors, appraisers – these are just a few of [...]

March 23rd, 2015|
  • Question #2 – What does a real estate attorney do?

Question #2 – What does a real estate attorney do?

  Question #2 What does a real estate attorney do? There are non-legal services that claim they can do all the legal work you need or provide you with the necessary forms, but when it comes to real estate, this really isn’t the time to do-it-yourself. Your attorney will review your contract and likely communicate with you and your real [...]

January 6th, 2015|
  • Question #3 – What are the things I need to look for when hiring a real estate attorney?

Question #3 – What are the things I need to look for when hiring a real estate attorney?

  Question #3 What are the things I need to look for when hiring a real estate attorney? Most real estate agents are not licensed to practice law, and don't have the legal training to alert you about issues that could be costly to fix down the road. On the flip side, just because an attorney says they practice real [...]

January 5th, 2015|
  • Question #4 – What are the common problems a real estate attorney will look for and protect me from?

Question #4 – What are the common problems a real estate attorney will look for and protect me from?

  Question #4 What are the common problems a real estate attorney will look for and protect me from? The answer to this question is both simple and complex. Every real estate transaction is different with options open to the buyer and seller in the terms of the sale. Your local real estate agent should be able to advise you [...]

January 4th, 2015|
  • Question #5 – What happens after I sign the contract with my real estate agent?

Question #5 – What happens after I sign the contract with my real estate agent?

  Question #5 What happens after I sign the contract with my real estate agent? If you are a seller: You can ask your attorney to review any offer you receive prior to accepting it.  In the event you have already accepted the offer, it is extremely important to hire your real estate attorney at this time if you have [...]

January 3rd, 2015|
  • Question #6a – What happens at the real estate closing – Seller’s Edition

Question #6a – What happens at the real estate closing – Seller’s Edition

  Question #6a What happens at the real estate closing – Seller's Edition As a seller, did you know in most cases you do not even have to attend the closing?  If you are selling property, in most cases, you can meet with your attorney ahead of time to sign closing papers and to sign a power of attorney giving [...]

January 2nd, 2015|
  • Question #6b – What happens at the real estate closing – Buyer’s Edition

Question #6b – What happens at the real estate closing – Buyer’s Edition

  Question #6b What happens at the real estate closing – Buyer's Edition On average, every closing is different.  But in the average residential real estate closing, assuming you will be obtaining a loan to purchase the property, buyer will meet his or her attorney at the title company, and in many cases this may be the place where you [...]

January 1st, 2015|
  • Question #7 – How much is this going to cost me?

Question #7 – How much is this going to cost me?

  Question #7 How much is this going to cost me? Like most things in life, you get what you pay for.  Let’s face it, legal services are not free and generally hiring an attorney is not cheap.  If you are shopping for legal services, this is one area where you may want to avoid the bargain. There are law [...]

December 31st, 2014|