Kane County Residential Real Estate Attorneys for Selling a Home

Lawyers Representing Home Sellers in South Elgin, Illinois

While every home sale is unique, there is at least one variable that will never change: the need for legal protection. When you are selling your home, you can protect your investment by securing the help of a time-tested, reputable real estate law firm. At Ariano Hardy Ritt Richmond Lytle & Goettel P.C., we understand that a decision to sell a property should never be taken lightly.

Working with clients to ensure a seamless, orderly, legal transfer of property is our goal. When we meet with potential home sellers, we take the time to understand their desires. From short sales to standard equity sales, our experienced residential real estate lawyers are ready to help.

What to Bring to Your Initial Meeting With Our Attorneys

Our lawyers can provide you with effective guidance on what you will need to address when selling your home. Before meeting with us, you can gather all relevant paperwork, such as the title policy, deed, and survey. If you have a mortgage on the property, bring a current billing statement with the loan account information. If you are in a mortgage foreclosure, you will also want to bring any paperwork related to the foreclosure action.

It is also wise to bring contact information for any real estate professional you are working with, such as a realtor or broker. If you have any questions about what you should bring, you can speak to us prior to the meeting and ask what information will be helpful. When you provide us with comprehensive information about your property, we can help you keep everything organized and accessible during the sales process.

Offers, Negotiations, and Contracts in Home Sales

A serious buyer will make a written offer for your property. This offer is the foundation for the purchase agreement or contract. The terms of the transaction will be outlined in the offer. Our attorneys know the importance of thoroughly reviewing all offers. By discussing each offer with us, we can help you make sure you will be able to move forward with the transaction while protecting your rights.

The purchase agreement will take into account what the buyer is offering, but there are key issues that you will need to address as the seller. The agreement may address the following elements:

• All necessary disclosures
• Any earnest money deposit payments
• Inspection requirements
• Necessary repairs
• Rights and responsibilities of the buyer and seller
• Financing details
• Sale price
• Dates for closing and possession
• Items that will remain at the property
• Real estate tax details
• Insurance requirements (PMI, Flood, and ALTA)

Our attorneys can serve as a tremendous resource when negotiating and interpreting contract terms. We can help ensure that a transaction will proceed while following the current laws, and we will help you take steps to protect your overall best interests.

Attorney Review of Title Commitment and Survey

Our real estate attorneys will obtain a title commitment and make arrangements to resolve any liens or encumbrances on the property prior to closing. We can also make sure title insurance will be issued correctly. A property survey will be ordered, which is a map indicating the key physical dimensions of the property. Any segments of the property allocated for utilities or government purposes, called easements, will also be noted.

Trusted Handling of Home Closings

Before the closing, your attorney will make sure that all documents are complete while meeting the requirements of federal and state laws, as well as any pertinent county regulations. Your lawyer will be present at the closing to review the bill of sale, settlement statement, and an allocation summary of property tax payments. The deed will be filed with the Recorder's Office.

Contact Our South Elgin Real Estate Attorneys for Sellers of Residential Property

If you are ready to sell your home, contact our Kane County residential real estate lawyers by calling 847-695-2400. We will provide you with a free initial consultation, and we will stand by your side throughout your transaction to make sure your rights and interests are protected. We have offices in South Elgin and Huntley, and we proudly serve clients throughout the Fox River Valley, helping them address concerns related to real estate transactions.