Lombard, Illinois Real Estate Lawyers
Skilled Attorneys for Residential Real Estate Transactions in Lombard
For many, buying a home is the most sizeable purchase they will ever make. Selling a house is another major decision, and you need to be sure that the sale is handled properly. Whether buying or selling, it is only natural to want to protect your investment. Who better to help you do that than a skilled attorney who is also a licensed real estate broker and has represented clients in over 1,000 real estate transactions?
Since our firm's founding in 1997, The Law Offices of Robert F. Kramer, Ltd. has focused on helping Illinois families better their lives through a variety of top-notch legal services. We understand how important your real estate transaction is, and we will assist you according to your needs. Your lawyer is happy to discuss your concerns and answer your questions at any point during the process. You can count on us for high-quality counsel, support, and legal representation.
How an Experienced Lombard, Illinois Real Estate Lawyer Can Help You
Buying or selling a home is much more complex than agreeing on a price and handing over the keys. We can help you with your residential real estate legal needs, which could include:
- Agreements and Contracts: Whether you are buying or selling a home or you are leasing a residence to a tenant, various agreements and contracts will be involved in the transaction. We can draft contracts, review them to ensure that they protect your interests, and assist with negotiating favorable terms.
- Appraisals: Mortgage lenders require a current appraisal of the property to be performed. Sellers also need to know how much their home is worth in the current market. We can help ensure that appraisals are handled correctly.
- Compliance: Real estate transactions in Illinois must comply with various local, state, and federal laws. We will ensure that every aspect of your transaction is compliant. We can also ensure that any obligations between buyers and sellers are fulfilled.
- Negotiations: Most residential real estate transactions include a variety of issues that will need to be addressed. We can help with negotiating terms, selling or purchase prices, closing costs, and closing dates.
- Dispute resolution: Disputes related to real estate can arise, whether due to property lines, contract disagreements, or other reasons. We can help you resolve these issues while protecting your interests.
- Due diligence: Before completing your transaction, you need to investigate survey and appraisal reports, property records, and more. We can help ensure that all legal issues will be addressed correctly.
- Financing: We can explain the lending process, help you negotiate financing terms, and review mortgage contracts.
- Funds transfers: The buyer's funds must be transferred to the seller according to the terms of the contract. We can facilitate that transfer.
- Rental residential properties: We can assist with rental agreements, evictions, and the purchase or sale of rental homes.
- Tax implications: Buying or selling a home can affect your tax obligations, and it is important to know what they are before you complete your transaction.
- Title searches: Before you purchase a home, you need to be sure there are no liens or other encumbrances against it. We will make sure the title to your desired property is clear.
- Closings: Multiple documents need to be signed when you close your real estate deal. We can help to streamline the process and ensure it is conducted legally.
First-time homebuyers are often apprehensive about the entire process. We are happy to guide you through each step while protecting your interests. Sellers also need to be sure that prospective buyers have valid financing in place and that listing agreements are fair. We can help you draft disclosures regarding property conditions and address any other issues you may encounter.
Call Our Lombard, IL Residential Real Estate Attorneys
You cannot afford to leave a real estate transaction to chance. Let the knowledgeable attorneys at The Law Offices of Robert F. Kramer, Ltd. help you protect your investment and interests. Call 630-785-2400 or contact us online to request your free consultation today. For your convenience, we have offices in Lombard and Plainfield.