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Home (Sweet?) Home
or most people, their home is the largest investment they will ever make. Given the size of the investment people commit to their "castle," it makes sense to seek the assistance of a qualified attorney--whether you are buying or selling a house or whether the house is your first home or your tenth. Having a lawyer assist you can help you avoid making costly mistakes and can insure that everything goes smoothly.
At the very least, regardless of whether you are buying or selling, you should allow a lawyer to review an offer before submitting it to the seller or before accepting it from the buyer. An attorney will make sure that the offer contains all of the contingent provisions necessary to protect you. For example, if you submit an offer to buy a house and the offer does not include a financing contingency, you may be required to purchase the homeeven if you are not able to obtain enough financing--a very serious problem.
In addition to protecting your interests with the real estate contract, an attorney can help to oversee the complex closing process and coordinate the work being done by the surveyor, the title company, the real estate agents, the home inspector, and all of the other parties involved in the purchase and sale of the property. An attorney can draft or review documents and can examine the title commitment and survey to make sure that no unexpected problems will "pop up" later.
People often do not think about hiring a lawyer until after something bad has happened, but hiring a lawyer to prevent something bad from happening is usually a far better way to protect your interests. The best way to think of a real estate lawyer is as an insurance policy, helping to avoid problems before they occur.
This website is not intended to constitute legal advice or the provision of legal services. By posting and/or maintaining the website and its contents, Lucas Law does not intend to solicit business from clients located in states or jurisdictions outside of Illinois wherein Lucas Law or its individual attorney(s) are not licensed or authorized to practice law.