Residential Real Estate Attorney – Bates Law Office – 501 Jackson Avenue – Charleston, IL – Call 217-512-1847

If you’re looking to buy or sell a home or make an investment in real estate, you might be wondering if you’ll need to hire a residential real estate attorney to help you with the transaction. Because it is typically a significant cost, it’s understandable to look for ways to limit expenses and avoid paying legal fees. However, if can end up costing more over the long term if you don’t hire an experienced attorney to protect your interests in the buying and selling of residential real estate.

The expertise of real estate attorney can make the difference between a closing process going smoothly or not. Your attorney is there to communicate with and keep you informed throughout the entire process.

Buying a Home

Your attorney serves essential functions during the process of buying a home or investing in real estate investment, such as:

-Examines the title to the property to ensure you will be the valid and legal owner.
-Your attorney communicates with the mortgage lender, Realtors, the seller’s attorney and other parties with an interest in the transaction.
-Verifies that all conditions and requirements of the contract are complete at closing.
-Makes arrangements relating to title insurance.
-Records all deeds and the other relevant legal documentation in the relevant legal jurisdiction

Selling a Home

If you are planning to sell a home, you might have some questions about the way to proceed. An attorney who specializes in residential real estate can help you in several ways:

-Draft and review the sales contract.
-Negotiate the contract’s terms with the buyer and their attorney.
-Review the title report to verify that you’re able to sell the residential property.
-Correct any concerns identified within the title report.
-Review the settlement statement before the closing.

In the market to buy or sell a home in Coles County? Talk to a real estate attorney at the Bates Law Office at 217-512-1847.