Have you ever wondered why we use real estate attorneys in Chicago? Do you really need one? Are they worth the extra $650 or so charge on top of all the other expenses of buying and selling real estate? In a word, YES! Especially if you are lucky enough to be represented by a great one. Two weeks ago I was in a closing with my buyers who were purchasing a new construction condominium in Bucktown. The purchase included a parking space. After going through all of the loan documents with my clients, Gael Morris, their attorney, started reviewing all the documents provided by the sellers, including a copy of the survey which Gael requested be provided at or before closing. Well, as she was reviewing the survey she discovered that the sellers were conveying a parking spot that was not large large enough to be considered legal by the City of Chicago. The closing was postponed until the sellers' attorney obtained a new and corrected survey and filed an amendment to the condominium declarations. Because of her attention to detail and tenacity the buyers' were ultimately conveyed what they contracted to purchase.

I would say that the legal parking spot was worth that $650 legal fee, wouldn't you??

For more information contact me by visiting my website or contact me at 312-264-5864 or connie.engel@rubloff.com.

Posted By: Connie Engel