Gateville Law Firm focuses on seller’s residential real estate closings in Kendall County. Our attorneys and staff are experienced at handling real estate transactions in Oswego, Yorkville, Plano, Sugar Grove, Lisbon, and Millbrook among other areas. Real estate attorneys must identify whether a house is subject to a home owners’ association or not. Selling a home without any home owners restrictions is much easier than selling a home with a home owners association.
HIRING A PROFESSIONAL RESIDENTIAL REAL ESTATE ATTORNEY IN YORKVILLE AND KENDALL COUNTY
Selling a residential house for most people in Kendall County is one of their biggest financial investments. Hiring an experienced and professional real estate attorney is an important decision. Gateville Law Firm is the number one (1) real estate law firm in Kendall County, Illinois. Gateville Law Firm helps home owners of single family-homes in the Yorkville, Oswego, Plano, and Bristol area with their sale of their home. Whether you have hired a real estate agent or you need an attorney’s office to draft the residential real estate purchase agreement for your closing.
Our attorneys are skilled and have a great relationship with the title company. Gateville Law Firm assist major financial institutions and title companies with the real estate purchase and sale process ranging from preparation of quit claim deeds to affidavits of title to underwriting for real estate closings. If a major financial institution trust Gateville Law Firm with their residential real estate closing needs, individual buyers or husbands and wives can rely on Gateville Law Firm with their residential real estate needs. Our real estate team has over twenty (20) years of residential real estate experience.
Most seller’s real estate attorneys are responsible for five (5) major areas.
HOME INSPECTION NEGOTIATION AND REAL ESTATE ATTORNEY FOR KENDALL COUNTY
Gateville Law Firm assists sellers such as single-family home owners without home owners’ associations with the sale of their residential real estate needs. The attorneys and staff at Gateville Law Firm work with the buyer’s real estate attorneys and agents to properly negotiate resolutions of the home inspection periods. The home inspection period is an important process. The home inspection period is a due diligence period because the buyers want to completely understand what they are getting (from the seller). Often, buyers ask for major items to be prepared and/or ask for closing credits to compensate them for the headaches of fixing the items highlighted in the home inspection period. The seller’s attorney is responsible for reviewing the home inspection report and negotiating a successful resolution of the house closing process.
The second step of the house closing process for single family homes is the mortgage contingency and financing period. Under the real estate purchase agreement, the buyers have deadlines to achieve financing. The buyer and seller’s residential real estate attorneys are responsible for managing the mortgage contingency deadlines. Typically, a real estate paralegal works with the sellers and buyer’s attorneys and paralegals to make sure we understand the status of approval for the mortgage (for the buyers).
The third step is identifying the payoff letters required for the real estate taxes, mortgage, water, and sewer bills. Generally, the real estate paralegal works with the sellers and identifies whether there is a mortgage payoff letter to secure. Furthermore, the real estate paralegal and attorney works as a team with residential real estate agents to identify any title related closing issues that must be addressed.
EXPERIENCED KENDALL COUNTY AND YORKVILLE HOUSE CLOSING ATTORNEYS FOR SELLERS: SINGLE FAMILY HOUSES
In conclusion, Gateville Law Firm is comprised of a team of professionals ranging from attorneys, certified paralegals, and real estate assistants that assist the sellers and attorneys with the sale and purchase of real estate process. The professionals at Gateville Law Firm are a top-notched team of professionals that have the privilege of working with sellers on the sale of their single-family homes. Generally, the sale of a single-family home is easier without a home owners association because the bylaws and declarations and other documents are not necessary when selling a single-family home without the home owners association. Gateville Law Firm may be reached at 630-780-1034 or via online contact form.