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A Guide to Selling a Home in Illinois part 3

Steps Involved in Selling a Home Selling your home can be a daunting process, and sellers often feel an emotional attachment to their home, making the process all the more fraught with complexities. A lawyer can help you manage each step of the home sale process so that you can move through the process as easily as possible. While each home sale is different and progresses on its own timetable, the following is a general step-by-step guide to the process of selling a home. • First, you … [Read more...]

A Guide to Selling a Home in Illinois part 2

Why It Is Important to Hire a Lawyer When Selling Your Home Sellers of residential real estate are often tempted to proceed without the assistance of an attorney, but a real estate lawyer can be critical in facilitating a smooth transaction. Not only does a real estate lawyer advocate on your behalf when negotiating the terms of the purchase/sale contract, but he or she can also do the following: • Review your listing agreement with a potential real estate broker to ensure that you are … [Read more...]

A Guide to Selling a Home in Illinois part 1

What Sellers Need to Know about Transaction Fees In Illinois, sellers of residential real estate, including single family houses, town homes, and condos, are responsible for paying certain transaction fees. The transaction fees are typically deducted from the proceeds that the seller receives from the sale. Since the transaction fees impact the bottom line that you will receive at closing, it is important to understand how transaction fees come into play so that there are no surprises at … [Read more...]

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