REAL ESTATE CLOSING ATTORNEY Real Estate Closings from $295 for Sellers

Lohse Law - Illinois Real Estate Closing Attorney
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    • Home
    • Areas of Practice
      • Business & Corporate
      • Entertainment Law
      • Quitclaim Deeds
      • Real Estate & Closings
      • Realtor-Real Estate Agent
    • About Lohse Law
    • FAQs
      • FAQs for Property Buyers
      • FAQs for Property Sellers
      • General FAQs
    • Reviews and more
      • Reviews & Testimonials
      • News / Blog
      • Resources & Links
    • Legal Fees
    • Contact
Lohse Law - Illinois Real Estate Closing Attorney

Signed in as:

filler@godaddy.com

  • Home
  • Areas of Practice
    • Business & Corporate
    • Entertainment Law
    • Quitclaim Deeds
    • Real Estate & Closings
    • Realtor-Real Estate Agent
  • About Lohse Law
  • FAQs
    • FAQs for Property Buyers
    • FAQs for Property Sellers
    • General FAQs
  • Reviews and more
    • Reviews & Testimonials
    • News / Blog
    • Resources & Links
  • Legal Fees
  • Contact

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Real Estate Closing Attorney

Real Estate Law and Real Property books

Real Estate Attorney: Fees from $195 for Sellers and $350 for Buyers

Real estate closings can be extremely complicated with many steps to get to a successful closing.  In fact, the average real estate closing involves about 10 to 15 hours of work from "contract to closing."  Therefore, it is advisable to hire an attorney to guide you through the process making sure everything is handled correctly and "title" properly conveyed. Chicago Real Estate Attorney Brian Lohse will represent you from the time the offer is presented until the keys are handed over at the closing table.


Lohse Law can assist you with the purchase or sale of:  Single family houses, condominiums, townhouses, 2-flats, 3-flats, 4-flats, 6-flats, apartment buildings, and commercial properties in the Chicagoland area (or seven (7) counties around Chicago).


If you are either contemplating making an offer to purchase a property, or to accept an offer for the property you are selling, call attorney Brian Lohse first to discuss the important points that should be addressed in the contract. 


Lohse Law only handles 15-20 real estate transactions at any given time.  Unlike many other attorneys that employ assistants and secretaries to handle everything except the "closing," real estate closing attorney Brian Lohse handles the entire transaction from beginning to end.  With such a small caseload, attorney Lohse is able to work directly with you for your closing. Whether you are working with a real estate agent or the property is a "For Sale By Owner," he will guide you through the entire closing process.  He will help protect your interests and will explain how particular issues can affect you both legally and financially.  You have a lot of money at stake for your transaction, don't you want a lawyer personally working for you?  


Compared to what you are paying for the new property or what you will be receiving for the sale, an attorney's price is relatively small.  In fact, real estate attorney fees have been about the same since 1978!  

You've asked, we've answered... For Buyers only, Lohse Law now offers a limited scope representation for just the closing. $350 - $500

In addition to real estate closings, Lohse Law can assist with:

  • Quit Claim Deeds - For more information about Illinois Quitclaim Deeds, click here
    • To see my video about preparing a QCD, click here
  • Transfer on Death Instrument ("TODI") - For more information about TODI's, click here
  • Chicago RLTO Violations 
  • Business Formations - for LLCs or Corporations purchasing real estate
  • Commercial Lease Review 
  • Title Insurance
  • Contract preparation, negotiation, and review for FSBO sellers
  • Neighbor Property Disputes (fences, trees, driveways, etc.)
  • Oil & Gas Leases
  • Cellular Tower Lease Agreements
  • Real Estate & Property Easements
  • Association Law - CCRs
  • General Real Estate Law
  • REALTOR - Real Estate Broker - Licensed REALTOR and MLS listing services

The importance of hiring a real estate attorney

The majority of real estate closings in Illinois involve attorneys because the Illinois Supreme Court has ruled that even though many items may appear simple the consequences are too large.  The Illinois Supreme Court specifically prohibits a real estate broker from performing the tasks of a Lawyer (The Chicago Bar Association v. Quinlan and Tyson, Inc. 34 Ill.2d 117, 1966).  See more in the blog page about what a broker can and cannot do.


Your real estate attorney has your legal interests in mind and owes you a duty of loyalty.  Others involved in the real estate transaction do not owe you a duty of loyalty (i.e. realtors, lenders, appraisers, inspectors).  These other professionals may not have your best interests in mind and may be motivated by commissions or payment.  Before you sign documents involving significant legal rights and obligations, I can explain the terms and help you understand what you are signing.  Remember that it is your attorney's responsibility to look after your best interests, not your realtor.

Estimated Sales Proceeds Worksheet

If you are looking to estimate what the sales proceeds will be, use the worksheet below to help you estimate the net proceeds.  This will help you estimate how much you will walk away with after factoring in most of the costs associated with the sale.  Scroll down for the link to the real estate closings Estimated Sales Proceeds Worksheet.

Estimated Sales Proceeds Worksheet (pdf)

Download

Real Estate Closings - Property Types

Single Family Homes

Single Family Homes

Single Family Homes

Single family homes valued from $50K to $5MM

Condos

Single Family Homes

Single Family Homes

Condominums and penthouses valued from $25K to $2.5MM

Parking Spots

Single Family Homes

Townhouses & Rowhouses

Chicago parking or garage spaces valued from $10K to $100K

Townhouses & Rowhouses

Townhouses & Rowhouses

Townhouses & Rowhouses

Townhomes and row homes valued at $50K to $2MM

Apartments

Townhouses & Rowhouses

Chicago Greystones

Apartment buildings with 8 to 32 units 

Chicago Greystones

Townhouses & Rowhouses

Chicago Greystones

Greystones and Brownstones from $100K to $2MM

2, 3, 4, 5 or 6-Flats

2, 3, 4, 5 or 6-Flats

2, 3, 4, 5 or 6-Flats

Multi-family flats valued from $100K - $3MM

Strip Malls

2, 3, 4, 5 or 6-Flats

2, 3, 4, 5 or 6-Flats

Strip Centers valued at $200K or more.

Bungalows

2, 3, 4, 5 or 6-Flats

Vacant Lots

Bungalow homes valued from $50K to $1MM

Vacant Lots

Restaurants & Small Businesses

Vacant Lots

Vacant lots in Cook, Dupage, Kane, Kendall, Lake, McHenry or Will County.  Valued from $20K to $1MM

Restaurants & Small Businesses

Restaurants & Small Businesses

Restaurants & Small Businesses

Business only or business including the real estate

Light Industrial

Restaurants & Small Businesses

Restaurants & Small Businesses

Light industrial buildings valued at $100K to $2MM.

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