Do You Need a Lawyer for Your Real Estate Transaction?
transactions can be complex and involve a variety of issues, including liens,
covenants, zoning laws, environmental concerns, taxes, permits and other
complications. An error in a real estate transaction can have significant
consequences and possibly reduce the value of the property. If you are selling,
purchasing or transferring real estate, then you should work with a Gurnee
Illinois real estate lawyer to ensure that all issues are addressed.
What are some examples of real estate transactions?
There are many types of issues that could arise in a real estate transaction, which may require the assistance of a lawyer. This includes:
- Mortgages, liens, encumbrances
- Foreclosure, short-sale, public auctions
- Subdivision or joinder of parcels
- HOA requirements, covenants, restrictions, zoning rules, EPA regulations, municipal and state ordinances/laws, property taxes
- Trusts, deeds of trust, promissory notes
- Escrow and realtor issues
- Title defects
An experienced attorney from the Tomei Law P.C. can assist with reviewing a real estate transaction and representing your interest.
Why should you hire a Gurnee Illinois real estate lawyer?
By working with a real estate lawyer, you will have an advocate to look out for your interests. Because a lawyer knows and understands the law, they can identify potential issues with your transaction and come up with resolutions to remedy those problems.
A lawyer can present you with different options about how to respond to certain issues that will inevitably arise during the pendency of the transaction. By working with an attorney, you will be better able to ensure that the transaction is legal and in your best interest.
A lawyer can also assist with drafting the necessary closing documents to finalize the transaction.
Attorney Robert Tomei and the team at the Tomei Law P.C. are available to assist with a variety of real estate transaction issues. Call us to schedule a consultation.