Call Today! (630) 875-1700 | se habla español | Contact Us

Real Estate


Selling and/or purchasing a home is probably the biggest financial investment you will make.  Let us at Ana M. Mencini & Associates, P.C. help you through the home buying/selling process.  We handle many real estate transactions and give each transaction the personal attention it deserves.

Buying a Home

The Attorney’s Role in a Home Purchase


The purchase of a home may be one of the biggest financial investments you ever make.  Hiring an attorney to help you through the home buying process is important so that your interests are protected.  Below is a general guide as to the role an attorney will play in the purchase of your new home:
1.    Review the Contract:  Your attorney will review the contract and call you to go over the details with you to ensure that you understand all of the contract provisions.
2.    Negotiate Modifications to the Contract:  If modifications to the contract are needed, and if it is still within the applicable time frame, your attorney will negotiate those changes with the seller’s attorney.
3.    Review Evidence of Title and Other Documents:  Your attorney will review evidence of title being provided to you as well as the other documents seller’s attorney prepares relative to transfer of the property to ensure accuracy.
4.    Review of Mortgage Documents:  Your attorney will review the mortgage documents provided by your lender.
5.    Preparation for Closing:  Your attorney will clear normal title objections and reconcile all financial aspects of the transaction.  Your attorney will also provide you with the figure for the funds necessary for the closing a day prior to the closing date.  In the meantime, if an estimate of the funds required for closing would be helpful, your attorney can assist you with this.
6.    Attend Closing:  Your attorney will attend the closing with you to review all closing documents and explain the transaction to you.


Selling a Home

The Attorney’s Role in a Home Sale


The sale of a home may be one of the biggest financial transactions you ever make.  Hiring an attorney to help you through the home selling process is important so that your interests are protected.  Below is a general guide as to the role an attorney will play in the sale of your home:
1.    Review the Contract:  Your attorney will review the contract and call you to go over the details with you to ensure that you understand all of the contract provisions.
2.    Negotiate Modifications to the Contract:  If modifications to the contract are needed, and if it is still within the applicable time frame, your attorney will negotiate those changes with the buyer’s attorney.
3.    Produce Title and Other Documents:  Your attorney will make a title search to ensure that clear and marketable title can be passed to your buyer at closing.  If any issues arise on title, your attorney will clear the issues so that the closing can go forward.  Your attorney will also draft all of the required transfer documents including deed, affidavit of title, and bill of sale among others.
4.    Preparation for Closing:  Your attorney will clear normal title objections and reconcile all financial aspects of the transaction.  Your attorney will then meet with you to pre-sign all required documents so that on the day of closing you can focus on moving out of your old home and into your new house.
5.    Attend Closing:  Your attorney will attend the closing for you and will then ensure that all funds from closing and the closing paperwork is delivered to you.

 

Email Us

FAQs

Our Location

logoISBA  logoCBA   logoDCBA logoAILA 

Ana M. Mencini & Associates, P.C. represents clients throughout the Illinois, area, including the cities of Chicago, Rolling Meadows, Schaumburg, Des Plaines, Palatine, Mt Prospect, Rolling Meadows, Park Ridge, Oak Brook, Northbrook, Joliet, Naperville, Wheaton, Evanston, Lake Forest, Highland Park, Skokie, Niles, Hoffman Estates, Elmhurst, Cicero, Downers Grove, and Hanover Park, as well as the communities in and around Cook County, Lake County, DuPage County, Will County, Kane County and McHenry County.

© 2018 Ana M. Mencini & Associates, P.C. All rights reserved.