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Do I Need an Attorney for Buying or Selling a Home on the South Side of Chicago?

Blue Island real estate lawyer

Benefits of a Real Estate Lawyer for Residential Closings in Cook County and the South Suburbs of Chicago

Selling or buying a home is a major financial decision, often one of the largest that you will make in your lifetime. Each stage of the transaction requires careful consideration to ensure you are addressing all important details and acting in your best interest. However, with so many moving pieces and involved parties, it can be easy for even the most experienced home buyers and sellers to overlook something costly in their efforts to close as efficiently as possible.

Working with a real estate attorney when buying or selling a home can be a great decision, because an experienced lawyer understands the intricacies of the residential closing process and, unlike any other party involved, can provide you with legal advice to ensure that your interests are represented and protected. Buyers and sellers in Beverly and the South Suburbs can trust The Law Offices of Marques A. Eason, LLC, and our 10 years of legal experience, to understand their specific needs and help them successfully close on their purchase or sale.

Common Questions About Real Estate Attorneys in Chicago

If you are a first-time home buyer or seller, or you have never worked with a real estate lawyer before, you may have questions about what they can do and why you should have one. Some of the most frequently asked questions include:

  • Am I required to have an attorney for my closing? Illinois law does not require the presence of an attorney at closing, so you may choose to proceed without one if you feel confident in your understanding and acceptance of the terms of your purchase contract. However, a real estate attorney can help you not just at the closing but throughout the process leading up to it to avoid costly mistakes, negotiate for more favorable terms, and ensure that the closing proceeds according to plan.
  • Do buyers and sellers both need attorneys? The terms of a real estate contract significantly impact both the buyer and seller, and a real estate lawyer can be a strong asset for either side of the transaction. Whether you are the buyer or the seller, your real estate attorney represents you alone and will help you negotiate to protect your interests, and if the other side has an attorney you may be at a disadvantage if you do not.
  • Do I need an attorney if I am an experienced home buyer or seller? Each real estate transaction is different, and even if you have gone through the purchasing process before without issue, a home inspection or title search could reveal something unexpected that requires legal guidance. Having a lawyer on your side early on can help you address these challenges as they arise.
  • Do I need an attorney if I have a real estate agent or broker? Real estate agents and brokers can be a great help during the process of searching for a home or putting your home on the market. However, unlike an attorney, they are unable to provide legal advice, and because they typically work on commission they may be motivated to close the sale rather than solely focused on your interests.

Keep in mind that in order for a real estate attorney to help you, any contract you sign must include an attorney review and modification clause that gives us a period of time to negotiate. In addition to contract negotiation, we also help with home inspections, damage repairs, mortgage agreements, closing documents, and attendance at the closing. Our real estate attorney can also represent you in complicated cases that require aggressive litigation, like a foreclosure defense or a post-closing dispute.

Contact Our Oak Lawn Real Estate Lawyer Today

For any residential real estate transaction in the South Suburbs or the South Side of Chicago, contact us at 312-973-3755 for a consultation with a real estate attorney who will be on your side. We serve clients in Beverly, Evergreen Park, Chicago Ridge, Blue Island, Oak Lawn, Homewood, Flossmoor, and the surrounding areas.

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