CHICAGO REAL ESTATE CLOSING ATTORNEY

While commercial property transactions do come with their own unique closing challenges, there are entirely different complexities found in most residential real estate closings. It is of the utmost importance that an experienced real estate closing attorney is involved from the beginning of any residential real estate transaction planning to ensure no unexpected surprises await once the closing process begins.
When closing a residential real estate transaction, there are several important factors an experienced real estate closing attorney will be fully prepared to handle on behalf of their client(s) successfully:

• Preparing a full closing strategy for the residential property. Closing requirements can suddenly and drastically change based on many variables such as the property purchaser’s plans to demolish or upgrade existing structures. A closing attorney will know precisely how to strategize the property closing around all contingencies.
• Navigating any unforeseen obstacles or issues with the property. Nearly all property closings have unexpected complications when the closing process begins. But those surprises can quickly reach deal-breaking levels without a closing attorney on your team. Having a knowledgeable and experienced closing attorney on your side can save you far more than just money.
• Negotiating with and managing third parties. One common frustration within residential property transactions comes in the form of the varying priorities of third parties. Without an experienced closing attorney involved in the residential real estate closing process, the delays and obstructions often caused by third parties can derail a transaction fairly quickly. Adding a closing attorney will guarantee successful navigation of these potential transactional hazards.
• Closing chaos management. Finally, the closing attorney will be on hand to protect their client’s interests when the tsunami of certificates, permits, licenses, and insurance paperwork starts to pile up during the closing process (just to name a few). Sure, you could handle all these details yourself, or you could invest in the peace of mind that comes from having your closing attorney handle the paperwork details for you.