CONDO ATTORNEYS

There’s no shortage of attorneys who practice real estate law and who are willing to represent you in your Chicago condo or suburban Chicago condo real estate transaction.

If you’re wondering whether you should have the representation of a condo attorney at your closing, then it’s likely you really do need it. Real estate transactions typically generate dozens of forms and/or documents, all vital to a closing.

None of these documents are sinister or deliberately tricky, but they are technical, legal, precise and important. You should be sure there’s someone right at your side at the closing table who is explaining the process every step of the way and—most importantly—looking out for your best interest.

Whether you are buying or selling a Chicago condo, Chicago townhouse, suburban Chicago condo, suburban Chicago townhouse or any other type of Chicago real estate, closing day is happy, anxious and filled with details. Don’t sweat what you don’t have to. Let a qualified legal professional assist you through the process. An experienced real estate attorney knows how to make order out of all the activity at closing and leading up to closing. When the paperwork is flying and professionals who have all done this a hundred times or more are moving fast around the closing table and talking a language you might not completely grasp, let your condo attorney help guide you through.

There’s no legal requirement in Illinois to use an attorney for a real estate transaction. If you are an experienced buyer and/or seller of real estate, you may already know most of the details of routine transactions and might be perfectly comfortable with out-of-the-ordinary situations. But for the average buyer or seller, a condo attorney can be invaluable.

The cost is usually extremely reasonable when weighed with the overall transaction, and when weighed with the cost of something being overlooked or going awry. Your condo attorney will perform a variety of functions, including (but not necessarily limited to):

• Review the contract
• Make permissible modifications to contract, if warranted.
• Assist in resolving inspection issues, if any.
• Monitor progress of financing.
• Attend closing and explain loan documents.
• Review condition of title and documents of conveyance and make sure all necessary title clearance is obtained.

The names of attorneys to help you with the purchase or sale of your Chicago condo or suburban Chicago condo are easy to find by consulting your local bar association. The number is available online or in the phone directory. Your condo specialists at OwnACondo.com can also supply names of local attorneys who specialize in real estate transactions. If you’d like more information about obtaining the services of a condo attorney, contact OwnACondo.com by e-mail or by phone, toll-free, at 866-696-2266.