Selling a property without involving a real estate agent may seem like a smart move, as all parties involved can save money by doing so. However, inspection or survey issues may arise, something may happen to the home before the sale is complete, or issues may be discovered at the final walkthrough. These are only three of many things that could arise and derail the process. For this reason, anyone who wishes to sell their own home or buy a home without involving a realtor should meet with Real Estate Law Lawyers in Chicago to discuss how the attorneys can be of assistance in completing the transaction while avoiding these pitfalls.
Paperwork
Attorneys can be of great assistance in ensuring all paperwork needed to transfer ownership of the home is completed properly and filed with the appropriate authorities. In addition, the attorney may be asked to handle the transfer of funds between the parties to ensure there are no mistakes and a person isn’t accused of withholding a portion of the funds. He or she can also connect the buyer and seller with individuals to carry out certain tasks, such as the inspection and/or survey, thanks to the network of professionals most firms now have within the industry.
Cost Savings
The buyer and seller only need to use the attorney for certain tasks. Others they could feel comfortable tackling on their own, which helps to reduce the overall cost of the real estate transaction. As a result, the buyer may pay less for his or her purchase and the seller will likely make more profit. Both parties are certain to appreciate the cost savings typically seen when going this route.
If you have decided to buy or sell a home without the assistance of a realtor, contact Real Estate Law Lawyers in Chicago to make certain the transaction runs smoothly from start to finish. Many people turn to Starr Bejgiert Zink & Rowells in this situation, as they know this is a firm they can count on for accurate legal advice and an honest assessment of the situation. Give them a call today for more information. This is one phone call you will not regret. Visit our Google+ page for more information.
