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Do I need a real estate lawyer when buying a home?

Buying a home can be an overwhelming undertaking and many times homebuyers are handling time-sensitive and legally-significant items with a real estate agent who may not be legally authorized to practice law. Under Illinois law, homebuyers are required to have a lawyer review the purchase agreement before finalizing the home purchase. 

Why? Buying a home is perhaps the single most significant purchase anyone will make in their lifetime. Hiring an experienced attorney at the Law Offices of Lamar C. Brown can help to minimize your risks and advise you to ensure that your rights and investments are protected. 

 

Hire an attorney BEFORE you sign the contract

Within the standard real estate agreement for purchasing a home, certain time-sensitive clauses such as attorney modification and review are most important to providing you the most protection for your investment and interests. Hiring an attorney before you sign the agreement will maximize the time available for negotiation and any material modifications to the contract. Once the review period ends, you may be locked into unfavorable terms. What does this mean? Documents you signed may not adequately protect your rights and you may be subject to perform outside of the terms you previously discussed.

If you are in the market to purchase a home in Illinois, do not wait until the purchase is nearly complete before hiring an attorney. Our team at the Law Offices of Lamar C. Brown can guide you through the entire process from contract to closing so you can rest assured that there are no legal issues with your dream home.

Buying a home is one of the biggest financial purchases one can make. If you need assistance with purchasing real estate in Illinois, our detail-oriented and skilled team can help. Book your free initial consultation today with the Law Offices of Lamar C. Brown and let us help make the purchase of your dream home a worry-free experience.