For most people, buying and selling real estate can be very complicated. A lot of money is at stake, so it makes sense to work with an experienced real estate attorney to ensure your interests are 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, which is also called real property law, has to do with the rights to own, use, encumber, and transfer land and permanent additions—i.e., buildings—that are attached to that land. Real estate is an important part of the American economy, so it is a major law practice area.
What You Should Know About Real Estate Law in Cook County
Because purchasing your home is probably going to 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 having an experienced lawyer working with you will make sure your interests are protected. If you don’t have an attorney when conducting a real estate transaction, you run the risk of signing without fully understanding your legal obligations.
Whether you are buying or selling real estate, your family lawyer can review the contract and ensure deadlines are met as appropriate. An attorney will ensure that no steps are missed as far as the mortgage is concerned, 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 have to face. It is particularly important 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:
- Short sales
- Title insurance
Call Robert M. Kaplan Today
If you are considering 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.