skokierealestatelawyer.com

Skokie real estate Lawyer

Skokie real estate closing special residential property communities served landlord-tenant law Skokie real estate transactions residential property tax appeals

Skokie real estate Lawyer
Edward Balcsik
2164 W. Giddngs
Chicago, IL 60625
773 275-0754
Fax: 773 275-7115
RESIDENTIAL PROPERTY

(Note: this website - Skokierealestatelawyer.com - is still under development and while it is you might be able to save money on your attorney fees! To save some money on residential and commercial real estate transacitons please see attorney fee special. Residential property is real estate that is intended for residential use. It would include a single family home (whether a ranch, a bungalow, A-Frame, multilevel . . . ), a condo (condominium unit), a two flat or other apartment building and similiar structures. For title companies large apartment buildings are treated as commercial or business properties. Lenders focus on whether you intend to occupy the property or intend to rent it out. Lenders have different products and rates for owner occupied versus rental properties.

If you are buying or selling residential property in Illinois it is customary, prudent and wise to hire a lawyer. (There is no law that requires you to do so, except in the case of certain loan programs. Nor can anyone such as lender tell you which attorney to hire.) Lenders, real estate agents and others can provide you with suggestions and referrals.

My attorney fees for residential real estate closing in my practice area.

Closing for single family home or condo (not including new construction, short sales and bank owner properties) - $375.00.

Closing for two unit residential building (not including new construction, short sales and bank owner properties)- $450.00.

This fee covers the following:

1. Review of the real estate contact. Review the client's specific circumstance and propose and negotiate all necessary modifications to the contract based on said review.

2. Track and respond to contingency deadlines required by your real estate contract, including attorney approval, inspection, and mortgage contingencies.

3. Order the documents to needed to close including but not limited to surveys, pay off letters, water certifications, condo authorizations, zoning certifications, title, and any other documents or acts that need to close your real estate purchase or sale.

4. Draft all necessary documents needed at closing, including but not limited to Deeds, Bills of Sale, Affidavit of Title, post or pre possession agreements.

5. Schedule and attend your real estate closing.

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Viewing of this website does not in anyway create an attorney client relationship. Nor should is it a substitute for consulting an attorney.

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The information contained in this Website is provided for informational purposes only, and should not be construed as legal advice on any subject matter. No reader or recipients of content from this site, clients or otherwise, should act or refrain from acting on the basis of any content included in the site without seeking the appropriate legal or other professional advice on the particular facts and circumstances at issue from an attorney licensed in the reader's state. The content of this Website contains general information and may not reflect current legal developments, verdicts or settlements. The attorney expressly disclaims all liability in respect to actions taken or not taken based on any or all the contents of this Website.
Please note: The Supreme Court of Illinois does not recognize certifications of specialties in the practice of law and that the certificate, award or recognition is not a requirement to practice law in Illinois.