Often, buying and selling real estate becomes very complicated.
If you’re in the real estate business, it’s usually helpful to work with a legal professional who can assist you. Huge amounts of money are at stake, so it makes sense to work with an experienced real estate attorney to ensure your interests stay protected.
Whether you are dealing with commercial or residential transactions, and whether you are dealing with a situation that involves short sales, foreclosures, loan modifications, or title insurance concerns, it makes sense to learn more about real estate law in Hoffman Estates.
What Is Real Estate Law?
Real estate law, also known as “real property law,” has to do with the rights to use, own, and transfer pieces of land and the additions attached to that land, such as buildings. Real estate is an important part of the American economy, which means most people will find themselves in the middle of a real estate transaction at some point in their lives.
Even something that seems simple, such as buying a small home for your family, can quickly become very time-consuming and confusing. Typical home closings involve hundreds of pieces of paper, and you might need to review significantly more than that as you organize your own financial statements and obtain copies of documents such as HOA bylaws.
Knowledgeable real estate attorneys know the ins and outs of real estate law in Schaumburg and can help you along the way as questions arise. And whether you want to sell a home or purchase a large plot of commercial land, our law office can help!
What You Should Know About Residential Real Estate Law in Cook County
Because purchasing your home will probably be your largest investment, it makes sense to have an attorney on your side. The contracts and agreements involved with real estate transactions are complex, and if you don’t have the guidance of an attorney, you run the risk of signing without fully understanding your legal obligations.
Whether you are buying or selling real estate, your property law lawyer can review the paperwork and help you meet deadlines as appropriate. An attorney will ensure that you miss no steps of the mortgage process and will oversee the transaction from the beginning all the way through closing.
If you are building a new home, there are additional challenges you will face that buyers of an existing home will not. It is imperative to have an attorney work with you on zoning laws, contractor agreements, and other construction matters, including financing.
A real estate attorney can also assist you in the following areas if your purchase or sale has more complexities than the average transaction:
- Short sales
- Title insurance
Call Robert M. Kaplan Today
If you are considering being a party to a real estate transaction, be sure you are protected when it comes to real estate law in Hoffman Estates. Call the Law Offices of Robert M. Kaplan, PC. today at (847) 845-9477 to start with your free initial consultation!