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Barrington, IL Residential Real Estate Lawyer
Attorney for Buying and Selling a Home in Palatine, Cary and Inverness
We represent buyers and sellers in residential real estate transactions. Both parties have much at stake — too much at stake to enter a binding contract without proper legal counsel.
Our founding attorney, Joseph M. Lucas, has handled hundreds of real estate closings in 35 years of practice. He has also been a licensed real estate broker since 1992. Although he limits his role to the practice of law, his industry knowledge helps to protect your interests in negotiating terms and consummating the transaction.
Residential Real Estate Transactions Since 1984
We cannot overstate the importance of obtaining legal counsel before signing a real estate contract. There is only so much a lawyer can do after the fact to modify the terms, back out of the deal, or recover earnest money.
On the front end, however, Mr. Lucas can provide tangible advice and protection regarding:
- Review of the purchase agreement
- Disclosures and representations
- Short sale and foreclosure properties
- For sale by owner (FSBO)
- Title search and title insurance
- Form of ownership (joint tenancy, tenancy in common, tenancy by the entirety, or ownership in trust)
We Know The Pitfalls And The Process
Residential closings are a common source of legal malpractice when conducted by lawyers who only dabble in this area of the law. From three decades of legal practice and prior experience brokering deals, Attorney Joseph Lucas can spot the red flags and help parties work out their differences.
When representing buyers, we write the title and control the process. On behalf of sellers, we perform the due diligence to make sure the title is clear and the buyer can follow through. On either side, we communicate with clients at each stage to keep them informed and keep the process moving forward. In the majority of cases, Mr. Lucas knows the lawyer on the other side of the transaction.
If you are buying or selling a home, work with an attorney who practices in residential real estate law on a regular basis. Call our Barrington, Illinois, law office at 847-381-8700 or contact us online to arrange a consultation. We serve clients throughout the northwest suburbs of Chicago.