Whether you are buying a home, want to sell your current home, or need a loan modification, you need a real estate lawyer in Cicero. Real estate laws are complex, and advice and legal services enable you to handle these matters confidently. Continue reading to learn more about real estate laws.
Real Estate Transactions and Closing
Real estate transactions and closings must follow current laws. First, a real estate lawyer in Cicero must assess the sales contract and mortgage and protect each party’s rights. Then, attorneys create documents for the new property title and send them to a title company.
Short Property Sales
Instead of facing the brunt of foreclosure, you have another option. You can sell your property to an investor or a buyer and pay off the mortgage. Short real estate sales are a valuable opportunity to sell your home, pay your lender, and avoid serious credit problems for years.
Loan Modifications and Predatory Lending Laws
Several years ago, federal laws started to prevent lenders from using predatory lending practices to give customers mortgages when they couldn’t afford to repay the loans. Real estate attorneys help borrowers get loan modifications to stop these predatory practices and avoid foreclosure. You can get fair and reasonable loan terms by requesting a loan modification via legal action.
Real estate laws are tricky and confusing sometimes, and you need an attorney to guide you through complex real estate transactions and protect your interests. Contact Koch and Associates P.C. Attorneys At Law to get advice about real estate matters.
