Hiring a real estate attorney is required in several states, but it is optional in the state of Illinois. Even though it is not a requirement, hiring a real estate lawyer is still recommended in many cases. Some situations where a real estate lawyer is most helpful are if you are buying a property that…
Has potential structural concerns,
Is potentially located in a flood zone,
Is owned by a bank,
Requires a short sale, or
Is part of an estate sale.
Having a residential real estate lawyer can help you navigate any unique situations that may arise. When making a large purchase or sale, it is important to have peace of mind that everything is in order.