Residential Real Estate
Your home is one of the largest single investments you will make in your lifetime. Whether you are buying or selling a home, you can rest assured the Law Office of Richard P. Sora is highly qualified to protect your investment. With over 30 years of experience, Richard P. Sora is widely recognized for his expertise in guiding clients through the real estate closing process. He is an active member of the Illinois Real Estate Lawyers Association and for over 20 years, he has been a lecturer and writer for the Chicago Bar Association teaching young lawyers how to handle real estate closings while helping more experienced lawyers keep updated on changes in the law. In a 2003 statewide survey, Mr. Sora was selected by his peers as one of the top real estate lawyers in Illinois. In January 2015, he was featured in Leading Lawyers Magazine in an issue dedicated to the top real estate and construction lawyers in Illinois.
For a very competitive fee, the Law Office of Richard P. Sora provides its clients with personalized, high quality service from contract to closing.
If you are buying, Richard P. Sora will:
- Review the real estate contract and protect you during the attorney review process by proposing and negotiating beneficial contract changes.
- Properly raise defects discovered during the inspection and work to negotiate a satisfactory resolution for you.
- Assist you with your mortgage loan process.
- Review all closing figures and documents for accuracy.
- Review the title report and work with the title insurance company to make sure you receive clear title to the property.
- Advise you regarding the most advantageous forms of taking title to the property, such as Joint Tenancy, Tenancy in Common, or Tenancy by the Entirety.
- Assist you with establishing a land trust or personal trust for holding the real estate.
- Attend the closing with you.
If you are selling, Richard P. Sora will:
- Review/negotiate the listing agreement with your real estate broker.
- Review the real estate contract and protect you during the attorney review process by proposing and negotiating beneficial contract changes.
- Work to negotiate a satisfactory resolution regarding property defects discovered during the buyer’s inspection.
- Handle all pre-closing matters such as preparing the title report, obtaining title clearance documents, and satisfying municipal requirements.
- Draft all required closing documents.
- Calculate the real estate tax prorations and prepare all closing figures.
- Work to clear liens and encumbrances against the title to your property as required to deliver clear title to the buyer.
- Attend the closing with you.
Call or email the Law Office of Richard P. Sora for a free, no-obligation initial consultation and to obtain an estimate of the closing costs you will be incurring as a buyer or a seller. With our experience on your side, you can be confident your investment will be well protected.