Residential and Commercial Real Estate Lawyer in Naperville and Schaumburg

When you need to make arrangements for your real estate transactions, having an experienced attorney can make the process easier and worry-free. Thomas Lageotakes - Lageotakes Law Firm offers experienced real estate representation for commercial and residential transactions including short sales, foreclosures, loan modifications, and title insurance concerns.

Purchasing a home is likely the largest investment you will ever make. Having an experienced attorney on your side means having someone trustworthy to explain the legal terms of the contract. Most homebuyers benefit from having an attorney on their side to ensure that the contracts and agreements are consistent with what you discussed with your mortgage lender, the seller, and your real estate agent.

People without an attorney at their closing appointment run the risk of signing on the dotted line without being fully aware of the legal obligations of the purchase. For buyers, we will review the contract, suggest any changes, and assist in meeting the required deadlines of the purchase. We can offer help in scheduling a home inspection and getting the proper mortgage commitment, as well as oversee the transaction through closing.

Real Estate Law for Sellers Building a Home

When you build a home from the ground up, you face additional challenges that other buyers do not face. We assist with reviewing zoning laws, contractor agreements, and address construction loan issues.

Purchasing land without advisement from an attorney can cause a loss of time, money, and even hold up or stop construction on your new home completely.

Representing Sellers

When selling real estate, making sure that all of the details of the transaction go smoothly is important. Otherwise, mistakes will cost you time and money, especially if you have to find a new buyer. When representing the seller in a real estate transaction, we review the contract and suggest any necessary changes. We assist in obtaining the title for your property and oversee its transfer upon completion of the sale.

Commercial Real Estate Law

We represent both buyers and sellers in commercial real estate transactions. We review contracts, zoning laws, and can help you schedule an inspection of the property, if necessary.

Many lenders require an attorney for closing on commercial real estate property to protect the rights and interests of each party.

Additional Real Estate Law Services

The Lageotakes Law Firm - Thomas Lageotakes also represents clients in the execution of short sales, foreclosures, and title insurance.

    Short sales – When you have difficulty repaying your mortgage loan, but you owe more that your house is worth, you might consider a short sale. We assist in getting approval from mortgage companies to sell the home for less than the mortgage amount so that you can avoid foreclosure.

    Foreclosure – If your financial situation has changes, you might not be able to afford your mortgage payments. We can determine your rights, any mortgage lending assistance that may be available to you, and assist you in the process of changing your mortgage agreement. We represent clients undergoing foreclosure proceedings in an effort to keep them in their homes and prevent harassment from lenders.

    Title insurance - Title insurance is a necessary part of purchase or sale of a home or commercial building. Thomas Lageotakes is agent for Fidelity Title, Chicago Title and First American Title Insurance Company and will obtain the appropriate title insurance benefits on your behalf.