10 Reasons for Sellers to Hire an Attorney
Here Are 10 Reasons Why You Need To Hire An attorney To Work On Your Behalf
1. The attorney will go over the specific terms of the contract and look for any problems that may arise. This is a major transaction and you need an attorney to look over the terms of the contract.
2. The attorney will look at the financial strength of the buyer and the amount of earnest money put down and possibly modify those terms to strengthen the contract.
3. The attorney will negotiate on your behalf any items related to the inspection such as repairs that are needed.
4. The attorney will ensure that clear title is given to the new owner.
5. The attorney will explain, and if necessary, negotiate the tax proration between the parties.
6. The attorney will draft, organize and explain all of the paperwork needed for the transaction.
7. The attorney will look for any hidden or unnecessary charges that unfortunately sometimes get added to the final figures.
8. The attorney will help keep the deal on track. With so much at stake, you need someone monitoring all of the deadlines. The attorney will also ensure that all parties are complying with the terms of the agreement as the process moves forward.
9. The attorney will attend the closing and explain the paperwork to you. Or, in the alternative, the attorney can make other arrangements so you do not have to attend closing.
10. Peace of mind! The attorney will be working for you only — not the other side. This means that you will have an independent party looking out for you and your interests throughout this process.
Contact Bradford Miller Law, P.C.
To schedule a free initial consultation with an experienced Chicago real estate lawyer, contact our office online or call us toll free at 877-863-4149. Meetings can be set up for weekdays, between 8:30 a.m. and 5 p.m. We charge reasonable fees for all services.
Disclaimer: This website is for informational purposes only. It does not constitute legal advice and is not intended to create an attorney-client relationship. Please consult an attorney before acting on any information.