Real estate law applies to property transactions and disputes. If you own a home or want to buy, you’ll encounter a Cicero real estate lawyer. An attorney can safeguard your rights and prevent common mistakes that cost you later.
Buying a Home
Home buyers sign legally binding contracts when purchasing a property. An attorney can guide and oversee the transaction and help buyers avoid issues. In a real estate closing, an attorney examines all contracts and documents to ensure lenders aren’t using predatory lending practices and each party understands their rights. However, hiring your own attorney could safeguard your interests.
Short Real Estate Sales
A short sale requires fast actions and takes less time than most deals. Real estate agents aren’t involved in these sales every time, and you’ll need a Cicero real estate lawyer to assist you. Most quick-sale properties are listed at a lower rate than the current market; however, you should get a fair price based on accurate information.
Managing Property Disputes
Neighbors enter property disputes whenever the property lines aren’t clearly defined. A real estate attorney can help by surveying the property and filing a motion against your neighbor. Common property disputes involve fences, trees, and structures that cross a property line.
Buying or selling a home can excite you, but a simple mistake could cost you significantly. Consulting an attorney helps you define your rights and avoid financial hardships. Contact Koch and Associates P.C. Attorneys at Law for more information about real estate laws.
