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Archive for: July 2016

Chicago Real Estate Law July 20, 2016

The power of real estate contract modifications during attorney review

One of the most important jobs we have when we represent the buyer in a real estate deal is to immediately review the contract and propose modifications within the standard 5 business day attorney review period, which runs from the date of seller acceptance. One addition we always make to the standard contract is to […]

Chicago Real Estate Law July 20, 2016

Buying a short sale? Here are some ways we can protect you.

Short sales are still going strong in the Chicago area. We have only partially recovered from the market crash of the 2000’s, and some areas of the city have not seen much recovery at all. Plenty of homeowners are still looking to rid themselves of negative equity. At the same time, mortgage companies are desperate […]