Residential Real Estate Attorney Paris IL – Bates Law Office – 501 Jackson Avenue – Suite 2031 – Charleston, IL – Call 217-512-1847
Buying a New Home? Don’t Go it Alone – Protect Your Interests and Hire a Real Estate Attorney
Becoming a homeowner is a big step and for most people it’s the largest financial commitment they make in their lifetime. Whether you’re selling or buying a home, hiring a Residential Real Estate Attorney Paris IL is critical for protecting your interests against the unexpected and to ensure a problem-free, smooth closing.
Residential Real Estate Attorney Paris IL
It’s useful to note that your Residential Real Estate Attorney Paris IL is the only party involved in the transaction actually “on your side.” All the other parties involved in real estate transaction have their own financial interest – commission payments, for instance – and might try to sway you into making decisions that are based upon their benefit rather than yours.
Legal expertise will also be very valuable in the event the property has problems such as an illegal structure, asbestos, lead paint, termites or some other type of possibly dangerous conditions. An inspection contingency must be defined clearly and fulfilled to ensure that you know precisely what you’re getting in the transaction. Your Residential Real Estate Attorney Paris IL can draft inspection contingencies to ensure you do not end up buying a home or lot with defects that could be costly to resolve.
Additionally, your attorney conducts a thorough review of all the documents, which typically include the mortgage loan documents, the property deed, closing documents, legal descriptions, the title and title insurance policy. Even what appears to be a minor error in these documents risks creating problems with the title and causing a delay in the transaction.
The Bates Law Office specializes in real estate law – call 217-512-1847 to consult with an attorney if you are planning to buy or sell your home.
