Selling your Home
The Contract:

sale-house.jpgA real estate contract affords specific rights and responsibilities to seller, buyer, and usually to the real estate agent or broker.

The life of a residential real estate sale:
  • Owner decides to sell home
  • Contacts realtor to discuss sale and marketing
  • Agree on principles with agent
  • Retain attorney
  • Attorney reviews contract with listing agent
  • Enter into contract with listing agent
  • Realtor offers property for sale
Contract Formation:
  • Realtor presents offer to purchase
  • Seller reviews terms of contract and seller disclosures
  • Documents reviewed by attorney
  • Acceptance, further negotiations, or counter offer
  • Attorney approval
  • Earnest money depost
  • Home inspection
  • Financing
Closing:
  • Attorney obtains title information from seller and lender information from buyer’s attorney
  • Attorney orders: title and survey, tax bill, condo documents, village inspection, zoning, water certification, termite inspection
  • Attorney clears title objections
  • Attorney obtains mortgage payoff letters
  • Attorney schedules closing with parties and title company
  • Attorney determines and prepares documents required
  • Attorney attends closing with client, explains closing documents to client, and acts as advocate for cient at closing table
For the most important financial transaction of your life…Call your lawyer!

 


BLOG

DIY legal documents?

The legal system can be confusing and it can be complicated but often we, as your attorneys, can make the process more transparent and make sure you understand what the documents you are signing will accomplish...

Read More

TESTIMONIALS

"I am grateful that Attorney John M. Kennelly has been my lawyer for five years. During this time period, he has handled multiple complicated litigations on my behalf with competence, compassion and with successful outcomes...


Read More

KENNELLY & ASSOCIATES

137 N. Oak Park Ave., Ste 329
Oak Park, Illinois 60301
Office: (708) 848-1111
E-mail: jack@oprflaw.com



CONTACT US

HIRE US BEFORE YOUR OPPONENT DOES
| OPRF LAW 2017 All Rights Reserved - V11.16.17| www.ivoinc.com