Additional Information

Real Estate Law
Purchase/Sales
Information on Short Sales
Short Sale Addendum
Monday Real Estate Tips
 





Helpful Links:
Cook County Recorder of Deeds
U.S. Department of Housing and Urban Development

The purchase of a residential or commercial property is often the single largest transaction a person will make in his/her life. It is important to have an attorney who understands this and is accessible to answer your questions and handle the myriad legal matters that arise during the course of this very important exchange. At McCormick Braun Friman, LLC, whenever you have questions or concerns, your lawyer will be available to handle them. We will be your zealous advocate in the early stages of the deal and will protect your legal rights and interests during the negotiation of the contract and through the closing. In addition, our approach to a real estate closing is not to race through the documents, simply directing you where to sign. We will make certain that you know exactly what is transpiring, and we will ensure that all legal and loan documents are properly prepared and are binding and effective. In sum, you must be comfortable and knowledgeable about this very complex transaction. We have closed hundreds of residential and commercial deals and would welcome the opportunity to discuss any questions you may have. Please review the following statements to review important real estate and loan questions.

 

Questions to ask if you are the seller:

  • Is the deed prepared in accordance with your state laws?
  • Do you have a clean chain of title?
  • Are you aware of any encroachments on your property?
  • Has the contract been drafted to protect your interest or is it simply a boilerplate, fill in the blanks contract that may not do what you want it to?

Questions if you are the buyer:

  • How are you taking title?
  • Do you need financing to acquire the property?
  • Is your particular use allowed under the current zoning?
  • Is there new construction involved?
  • Has the contract been drafted to protect your interests or is it simply a boilerplate fill the blanks contract that may not do what you want it to?

Loan Questions:

  • Do you know the difference between the Note and the Mortgage?
  • Will you have to pay a fee to pay your loan off early?
  • Are the fees that you are paying to obtain the loan reasonable?

Our expertise extends to every aspect of the real estate development process. Let our attorneys guide you through the process of purchasing or developing residential and commercial real estate, condominium and loft development, multi-family high rise, mid-rise town home and retail space construction.

We stay focused on the needs of the client and our attorneys get intimately involved with each and every closing.

 

 

The material and information contained in McCormick Braun Friman, LLC, website, operating under the domain name: www.mbflegal.com is provided solely for general informational purposes. The contents of this site should not be construed as legal advice on any subject matter and is not a substitute for legal advice on any subject matter. No recipient of content from this site, client, whether current or otherwise, should act or refrain from acting based on information at this site. McCormick Braun Friman, LLC expressly disclaims all liability in respect to actions taken or not taken based on any or all of the contents of this site. Note: Nothing in this website creates or establishes an attorney-client relationship. An attorney-client relationship can only be created or established by a written agreement signed both by client and attorney.

Copyright © 2009 McCormick Braun Friman, LLC. All rights reserved.