Real Estate Lawyers – Serving Lake, McHenry and Cook County
If you’ve been involved in a real estate purchase, you know the process is loaded with contracts and forms that must be signed. Do not be trapped by the false notion that these forms are a mere formality.
There is a substantial amount of money involved in real estate transactions, whether it is a commercial closing or a residential closing. A careful review of all documents by a real estate lawyer is an effective way to protect your financial interests.
Enlisting the services of an experienced real estate lawyer who will ensure your rights are protected is essential, whether you are a buyer or a seller. The attorneys at Nutschnig & Cavanuagh represent individuals throughout Lake, McHenry and Cook County in residential and commercial real estate closings.
The Closing Attorney’s Role
Our closing attorneys will review the title to the property to ensure there are no title defects such as a lien or judgment on the property. If there are issues, we will work with all parties involved to resolve them.
At the closing, we handle many tasks, including:
- Payoff and discharge mortgages
- Pay and allocate any real estate taxes and utilities
- Pay Realtor commissions
- Pay closing costs and lender’s fees
- Deposit funds into the mortgage escrow account
- Pay transfer taxes, recording fees, and prepaid interest
- Distribute proceeds from the sale
- We make sure you have a full understanding of the documents you are signing.
Work with Our Experienced Real Estate Lawyers
Contact us at (847) 263-8820 if you have questions about a closing attorney’s role and why it is essential to protect your real estate investment by working with an experienced attorney. (847) 263-8820
Contact us today
Nutschnig & Cavanaugh, 4017 Old Grand Ave, Gurnee, Illinois 60031