The Law Office of Christina Martell

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27475 Ferry Road, Suite 130, Warrenville, IL 60555

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Winfield real estate attorney

Buying a home can be one of the most exciting events in your life, but it can also be overwhelming, especially for first-time homebuyers who are unfamiliar with the process. Before you close on your home, you will likely be working with a variety of people who can help make your closing possible, including a real estate agent, a mortgage lender, and a real estate attorney. The more you know about what each of these parties can do for you, the smoother your home search and closing process will be, allowing you to celebrate the purchase and the future you will build in your new home.

Real Estate Agents, Mortgage Lenders, and Real Estate Attorneys

Real estate agents, lenders, and attorneys each play a different role in your home buying journey, and it is important to understand which one you should go to for different services and answers to the many questions you may have. Here is what you should know about each one:

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West Chicago real estate attorney title search

For many individuals, purchasing a home is a dream come true. Unfortunately, that dream can quickly turn into a nightmare if proper precautions are not taken. To protect your rights and interests in this major purchase, it is imperative to confide in a knowledgeable real estate attorney, who understands the laws in Illinois.

A Title Search Overview 

Performing a title search is the first step to clearing a title. A title search uncovers any potential issues with the property that could affect your purchase. When performing a title search, a real estate attorney will assess the following elements:

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West Chicago real estate attorney

You have just found your dream home, and your offer has been accepted. You may think the hard part is over, but complications can still arise. Although the home inspection may have been completed without any major issues, you may have an uneasy feeling about the home inspector and his or her judgment regarding a few elements of the property. Fortunately, you have options that can protect you, your offer, and your financial situation. Seeking the legal guidance of an experienced real estate attorney can make sure your rights are protected during the process of buying your home. 

Home Inspection Overview

Within the state of Illinois, a home inspection refers to the examination and evaluation of the interior and exterior of a property prior to the purchase of the property. In other words, it provides details about the house and gives a better understanding of the property to make sure everything is in proper working order.

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Winfield real estate closing attorney

You have found your dream home, made an offer, and have been notified that your offer was accepted. However, you should not celebrate just quite yet, as a number of different items must be completed before the previous homeowner can hand you the house keys. The closing, also known as completion or settlement, is the final step within a real estate transaction. Your closing date will be established, and it will usually be several weeks after your offer has been accepted. Once the closing is complete, the house will officially become yours. Read on to learn a few things you should not do prior to your closing. 

Actions to Avoid During Settlement

Buying a home can be an exciting and stressful process. Be sure to keep these five tips in mind while you are in the process of closing on your new house: 

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