Residential Real Estate Lawyer
Our Real Estate Lawyers Have Over 35 Years of Experience
MacDonald, Lee & Senechalle, Ltd. has a distinctive residential real estate practice. We distinguish ourselves by building partnerships with the people we represent. Our experienced Hoffman Estates attorneys advise and help individuals in the process of selling or purchasing homes throughout Chicago’s northwest suburbs. Over the past few years, the purchase or sale of residential real estate has become very complicated. With attorney modifications, professional inspections and all types of notifications necessary as a result of mortgage contingencies, home-to-close contingencies and home to sell contingencies, it is necessary to have an experienced residential real estate lawyer who has dealt with these issues.
Sales and Purchase Closings
Because Illinois has many programs to help people buy homes, home ownership is a possibility for people at all income levels. Buying a home can be both extremely rewarding and dreadfully stressful. Every home purchase involves a number of complex legal issues, unfamiliar terminology and heavy piles of paperwork. In Illinois, an attorney must handle the closing, which saves buyers a good deal of stress.
Home Inspection Issues
Most buyers pay for a general home inspection for structural defects, a pest inspection and an asbestos inspection. Buyers consider these inspections to be a good investment before actually purchasing the house, even if the inspections reveal defects.
Those who rent property face inspection issues as well. Often, an inspector’s report of a code violation is enough to convince a landlord to correct problems. The law prohibits owners from attempting to evict renters in retaliation for calling an inspector.
Title Searches and Clearance Issues
To sell a piece of property, the seller must clear all title issues. Our attorneys can perform a diligent search of all records relating to the property to determine whether the owner can sell the property and whether there are any claims against it. Often people have title insurance to protect them against any hidden title defects. There are two types of title insurance – one that protects the lender’s interest in the property and one that protects the homeowner’s interest.
Mortgages and Foreclosures
Mortgage and foreclosure defense litigation is about buying you time to attain a loan modification or to complete a short sale. It is also about asserting your rights against the lender with your own lawsuit if the lender did anything wrong when issuing the loan.
We also assist with deeds, as well as revisions, modifications and amendments to real estate contracts.
Despite the huge number of mortgage foreclosures faced by Chicago area residents, at MacDonald, Lee & Senechalle, Ltd. , each one is unique – because it involves your home. That is why our attorneys do whatever it takes to protect your rights. To reduce the likelihood of problems when buying or selling a home or when dealing with mortgage problems, you are well served to work with an experienced real estate attorney.
Attorneys Gregory A. MacDonald and Ronald J. Senechalle advise individuals regarding real estate matters, including purchases, property sales, contract disputes, title issues, mortgages, foreclosures and foreclosure avoidance options.
If you want to safeguard your home buying experience, contact a residential real estate lawyer at MacDonald, Lee & Senechalle, Ltd. and let our experience work for you.