Lake County Attorneys Assist in Home Sales

Residential Real Estate Lawyers Serving Libertyville, Gurnee and Waukegan

If you have ever considered selling your current home, you most likely understand that the selling process is complex. In fact, the process involves dozens of steps, procedures, actions, and elements related to listing, selling, and transferring a home to a new owner. Many of these elements involve complicated legal concerns, and an experienced real estate attorney can help make the process easier. At Newland & Newland, LLP, we have been serving clients in Northern Illinois for nearly three decades, and we are ready to assist you in getting the best possible return on the investment you made in your home.

Experienced Real Estate Attorneys in Libertyville and Waukegan

Our attorneys understand that selling your home can be challenging under the best of circumstances. Things can quickly become even more difficult if you are also in the process of buying a new home for your family. In such a situation, you may feel intense pressure to sell your home quickly, but rushing through the sale could lead to a variety of problems, including a sale price that is too low to meet your needs or concessions to the buyer that you might regret later. We will work with you from the very beginning to ensure that you get the most out of the sale of your home while fully protecting your rights under the law.

Reviewing Offers and Negotiating Deals

When you sell your home in a real estate market that is competitive and healthy, you will probably get a number of offers from prospective buyers in a very short period of time. Deciding which one—if any—to accept can be overwhelming. While many sellers and buyers are focused primarily on the sale price, it is important for you to look beyond the dollar amount. Each offer may include a number of other considerations, expectations, and assumed responsibilities for you. Our team will help you review the offers you receive and respond appropriately to interested buyers. When appropriate, we will also assist you in drafting counter-offers that better suit your objectives for the sale. Once you and the buyer reach an agreement, we will review the purchase contract and go to work in beginning the actual transaction.

Inspections, Repairs, and Title Concerns

Your home will need to be inspected before the sale to ensure that it is compliant with local building codes and that there are no material defects. If repairs are needed, the buyer can ask you to make them before the sale or to account for the repairs in the sale price. Our attorneys will help you determine which is best for you.

During the pre-closing period, we will also prepare all of the necessary documents, including the Deed, Bill of Sale, Affidavit of Title, and Transfer Declarations. We will order a title commitment and a title review as necessary to determine if any encumbrances exist that must be addressed. Once everything is complete, we will put together a Closing Statement so the buyer can be aware of the closing costs.

At closing, we will remain at your side so that you fully understand the documents you are signing and to ensure that the transaction is completed properly. We can also help you address any concerns that may arise in the weeks and months that follow your closing, such as warranty claims, repair concerns, and follow-up issues with lenders.

Schedule Your Free Phone Consultation Today

For more information about selling your home, contact our office. Call 847-549-0000 to schedule a free phone consultation at any of our five locations. We serve clients in Libertyville, Arlington Heights, Waukegan, Vernon Hills, Gurnee, Grayslake, Lake Bluff, North Chicago, Lake County, and throughout the north and northwest suburbs of Chicago.