The list of problems that can arise during a real estate transaction is lengthy and without an attorney to handle those problems, should they arise, the process can be scary. Beyond issues that can happen with any real estate transaction, certain scenarios nearly demand to have an experienced attorney. Below we’ll cover five common scenarios when, as a seller or buyer, you should hire a real estate attorney and what you risk by not having one on your side.

• The Property You’re Buying or Selling is in Disarray. 
• You’re Selling a Property Occupied with Tenants
• You’re Buying a Property in Another Town, State or Country

‍Read the full article by our Elmhurst Residential Real Estate Contract Lawyers discussing what to look for in areal estate attorney. 

When you sell or purchase a home, your realtor will usually present you with a widely used form contract. The realtor will have the ability to customize that form to fit your needs. The contract will typically provide that each party's attorney will have 5 business days to:

1. approve the contract;
2. reject the contract; or
3. negotiate modifications to the contract

A good attorney will be sure to staunchly protect his client's interests while, at the same time, working to achieve a meeting of the minds between the parties so as to prevent the deal from falling through.

​Read the full article by our Elmhurst residential real estate contract attorneys regarding attorney modifications of residential real estate contracts.

When you sign a contract for the purchase or sale of residential real estate, you will typically have 5 days to review the contract with your attorney in order for your attorney to modify its terms. Check out our previous article, Attorney Modification of Residential Real Estate Contracts, for more on this topic. In this article, we will discuss the top 5 things you should be on the look out for when reviewing the contract with your real estate attorney.

• Purchase Price and Earnest Money  
• Fixtures and Personal Property Included in the Transaction
• Mortgage Contingency
• Tax Prorations
• Optional Provisions‍

Read the full article by our Elmhurst residential real estate contract attorneys regarding common area maintenance audits.