Illinois is an attorney state, so 99% of real estate transactions utilize an attorney on both sides of the transaction. Real estate transactions can be complex, and having an attorney on your side can help ensure that your interests are protected and that the process goes smoothly.
A real estate attorney will review the purchase agreement, negotiate terms on your behalf, ensure that all necessary disclosures are made, review the title report and any liens or encumbrances on the property, track important dates, explain the plat of survey, answer mortgage questions, calculate tax prorations and represent you at closing. They can also provide guidance and advice throughout the transaction, and help you avoid potential legal issues or disputes.
While it may seem like an added expense to hire a real estate attorney, it can ultimately save you time, money, and stress in the long run. This is one of your most important investments you will ever make, thus working with a professional attorney in Northbrook, Glenview and the North Shore Chicagoland who specializes in real estate closings is money well spent. Your trusted real estate agent Caroline Gau, Baird & Warner will introduce you to trusted professionals who will guide you, making the process easier along the way.