Representing Buyers and Sellers in Residential Sales Transactions
Illinois real property law can seem convoluted and complicated, especially for first-time buyers.
Whether you are the purchaser of an owner-occupied residence, vacation home, or investment property, a local residential property attorney can help you resolve legal issues during and after a transaction, such as the following:
Purchasing the Property
- Draft and review documents relevant to the transaction.
- Confirmation of clean title.
- Handling financing issues.
- Resolve ingress and egress issues.
- Negotiating easements or devising other appropriate solutions.
Financing Issues
- Handling mortgage or loan repayment issues.
- Adverse financial conditions.
- Determine potential options, which might include a loan modification or short sale.
Home Ownership
- Legal issues like zoning problems or boundary disputes can threaten real estate investments by restricting the use of your property or placing a cloud on the property title.
- Utilize arbitration and mediation strategies to resolve real estate disputes with private owners, financial institutions, and government entities.
Simultaneous Transactions
Many residential home buyers must sell their current home to generate the funds to “buy up.” When individuals attempt to consummate two separate sales transactions simultaneously, the potential problems and legal issues increase. Our law firm routinely represents clients in coordinating multiple contingent real estate transactions.
Foreclosure and Forcible Entry
Our law firm represents many property owners who need to pursue an eviction following foreclosure. These types of removals can be incredibly daunting because relevant laws seem to be conflicting or overlapping.
Mr. Arendt advises clients seeking a post-foreclosure eviction, so they proceed under the appropriate statute, such as the forcible entry and detainer act or Illinois mortgage foreclosure law.
We invite you to schedule an initial consultation with Residential Real Estate Attorney Richard J. Arendt to discuss your legal issue.
Our law firm represents clients in the greater Chicagoland area and the following Counties: Boone County. Cook County, Du Page County, Lake County, McHenry County, Kane County, and Will County.
You may call us to schedule an initial consultation at (312) 642-9606 or visit us at https://www.rjarendtlaw.com/
