Bradford Miller Law, P.C. Chicago Real Estate Attorney, Chicago Short Sale Attorney: May 2015

Thursday, May 28, 2015

Sellers and contingencies

There are many legal issues that can affect selling your home. Once both parties reach an agreement and signs a contract, certain contingencies must be preformed. Typically in Chicago, there are three standard contingencies that protect both parties.

First, the financing contingency. With this contingency, a buyer needs to obtain a loan before the sale is final. The buyer is not required to go through with the sale, if they cannot secure a loan.

Second, an inspection contingency. This contingency specifies that the property is inspected to the buyer's approval. Making repairs prior to listing your home can be highly beneficial. If the house needs a lot of repairs, buyers might gain the upper hand in negations, causing you the seller to settle on a lower price or it can allow buyers to remove themselves from the transaction if there is an excessive amount of flaws found with the property.

And, third, the attorney review contingency. In this contingency, both the seller's and buyer's attorneys review the contract.

Bradford Miller Law, P.C. can assist you with all your real estate needs at a very reasonable rate. We are adept at saving our clients time and expense while rigorously protecting their interests.Whether you are buying, selling, renting a property or need assistance with a building code violation we can help. Our experienced Real Estate Attorneys have been representing real estate clients for several years and have earned membership in the Better Business Bureau and we have great reviews on Yelp.

At bradfordmillerlaw.com you will find information about our firm along with helpful real estate information. Give us a call at 312-238-9298 for a FREE 15-minute consultation to discuss your pending or potential real estate transaction.

Posted by Bradford Miller Law, P.C.
Practicing in Real Estate Law, Landlord Tenant Law, and Estate Planning
134 N. LaSalle, Suite 1040
Chicago, IL 60602

Offering free legal representation to homeowners seeking a short sale

Key words: Chicago short sale attorney, Chicago landlord tenant law attorney, Illinois Landlord Attorney, Chicago Leases, Chicago estate planning attorney, Estate Planning Lawyer, Chicago Real Estate Attorney, Chicago Real Estate Lawyer, Real Estate closings, Chicago building code violations, Short Sale Attorney. This is intended to be advertising. Please consult with an Attorney before acting on any information given here.

Tuesday, May 26, 2015

We provide representation for sellers, buyers and landlords

Our experience across the spectrum of real estate transactions, contract negotiations and related issues can be a tremendous asset if you are:

Evaluating or pursuing a purchase of commercial real estate or a multifamily residential property anywhere in Chicago or its suburbs
Preparing to sell commercial or residential property and in need of an experienced real estate closing attorney who emphasizes due diligence and efficiency
Preparing to lease property or extend a lease agreement to a prospective tenant
In need of knowledgeable legal counsel as a landlord dealing with a problem tenant and evaluating viable options, including eviction in a manner consistent with landlord-tenant law

Bradford Miller Law, P.C. can assist you with all your real estate needs at a very reasonable rate. We are adept at saving our clients time and expense while rigorously protecting their interests.Whether you are buying, selling, renting a property or need assistance with a building code violation we can help. Our experienced Real Estate Attorneys have been representing real estate clients for several years and have earned membership in the Better Business Bureau and we have great reviews on Yelp.

At bradfordmillerlaw.com you will find information about our firm along with helpful real estate information. Give us a call at 312-238-9298 for a FREE 15-minute consultation to discuss your pending or potential real estate transaction.

Posted by Bradford Miller Law, P.C.

Practicing in Real Estate Law, Landlord Tenant Law, and Estate Planning

134 N. LaSalle, Suite 1040

Chicago, IL 60602

Offering free legal representation to homeowners seeking a short sale

Key words: Chicago short sale attorney, Chicago landlord tenant law attorney, Illinois Landlord Attorney, Chicago Leases, Chicago estate planning attorney, Estate Planning Lawyer, Chicago Real Estate Attorney, Chicago Real Estate Lawyer, Real Estate closings, Chicago building code violations, Short Sale Attorney. This is intended to be advertising. Please consult with an Attorney before acting on any information given here.

Friday, May 22, 2015

Chicago Commercial Real Estate

Any commercial real estate transaction in the Greater Chicago area is a high-value, high-stakes matter. This includes not only purchases and sales of property zoned for business, but also structuring of and entry into lease agreements. As a buyer or investor, landlord or other interested party, your need for knowledgeable legal counsel is clear.

Real estate law is a premier strength and dominant focus for the legal team at Bradford Miller Law, P.C. Whether you are buying, selling, renting a property or need assistance with a building code violation we can assist you with all your real estate needs at a very reasonable rate. Our experienced Real Estate Attorneys have been representing real estate clients for several years and have earned membership in the Better Business Bureau and we have great reviews on Yelp.

At bradfordmillerlaw.com you will find information about our firm along with helpful real estate information. To discuss your pending or potential real estate transaction call us at 312-238-9298 for a FREE 15-minute consultation.

Posted by Bradford Miller Law, P.C.

Practicing in Real Estate Law, Landlord Tenant Law, and Estate Planning

134 N. LaSalle, Suite 1040

Chicago, IL 60602

Offering free legal representation to homeowners seeking a short sale

Key words: Chicago short sale attorney, Chicago Real Estate Attorney, Chicago landlord tenant law attorney, Chicago Leases, Chicago estate planning attorney, Estate Planning Lawyer, Chicago Real Estate Lawyer, Real Estate closings, Chicago building code violations, Short Sale Attorney, Illinois Landlord Attorney. This is intended to be advertising. Please consult with an Attorney before acting on any information given here.

Tuesday, May 19, 2015

If the buyer asks for certain repairs to be made during the inspection period, do I have to comply?

No, you do not need to comply. Keep in mind, however, that the buyer could then possibly walk away without penalty. Typically, we work those issues out and come to an agreement that is fair to both sides.

Bradford Miller Law, P.C. can assist you with all your real estate needs at a very reasonable rate. Whether you are buying, selling, renting a property or need assistance with a building code violation we can help. Our experienced Real Estate Attorneys have been representing real estate clients for several years and have earned membership in the Better Business Bureau and we have great reviews on Yelp.

Posted by Bradford Miller Law, P.C.

Practicing in Real Estate Law, Landlord Tenant Law, and Estate Planning

134 N. LaSalle, Suite 1040

Chicago, IL 60602

Offering free legal representation to homeowners seeking a short sale

Friday, May 15, 2015

Sellers and property taxes in Cook County

In Cook County we pay our property taxes in arrears, which means that in 2015, we are paying 2014 taxes. Therefore, when you sell your home, you will have to give a credit to the buyer for the taxes not yet due while you lived in the home. Generally speaking, taxes are prorated around 105-110 percent absent special circumstances. That means that we are assuming that the taxes will go up 5-10 percent next year.

Posted by Bradford Miller Law, P.C.

Practicing in Real Estate Law, Landlord Tenant Law, and Estate Planning

134 N. LaSalle, Suite 1040

Chicago, IL 60602

Offering free legal representation to homeowners seeking a short sale

Tuesday, May 5, 2015

Sellers you need an attorney to work on your behalf

Selling your property is a major transaction and it is advisable to hire an attorney to work for you. With so much at stake, you need someone on your side who will look over the specific terms of the contract and possibly modify those terms to strengthen the contract.

An attorney will draft, organize and explain all of the paperwork needed for the transaction. And will negotiate any issues that arise on your behalf keeping the deal on track ensuring that all parties are complying with the terms of the agreement.

Posted by Bradford Miller Law, P.C.

Practicing in Real Estate Law, Landlord Tenant Law, and Estate Planning

134 N. LaSalle, Suite 1040

Chicago, IL 60602

Offering free legal representation to homeowners seeking a short sale

FREE SHORT SALE HELP

Are you "under-water" in your home? Do you owe more then the property is worth? You should consider doing a short sale. Chicago short sale attorney Bradford Miller offers free legal representation to homeowners doing a short sale. The first step is to call Attorney Bradford Miller for a free 15 minute phone consultation. If we accept you as a client, our representation will be free to you and its possible you will even receive some money to help you relocate. Homeowners should know what their options are and what to expect. Call Mr. Miller today at 312-238-9298.

CHICAGO REAL ESTATE LAW BLOG

Bradford Miller Law, P.C. focuses on real estate law, landlord tenant law and estate planning. This is the chicago real estate law blog. If you are interested in reading about landlord tenant law, visit that blog at http://chicagoltlaw.blogspot.com/. If you are interested in estate planning, visit http://chicagoestateplanning.blogspot.com/. The law firm's main website is www.bradfordmillerlaw.com.

This blog will focus on real estate law in the Chicagoland area. Topics include real estate transactions ("closings"), closing costs, and real estate taxes, among other things.

Helping people in this distressed real estate market

Whether you live in Chicago, Berwyn, Orland Park, Naperville, or another suburb, Bradford Miller Law, P.C. can provide the legal representation you need. Short sales are becoming more and more prevalent, currently making up approximately 35% of the market. Sellers need to understand what a short sale is and what the consequences may be. Mr. Miller offers a free 15-minute phone consultation to any homeowner contemplating a short sale.

Bradford Miller Law, P.C. also offers representation to traditional sellers. Sellers can find a variety of information at http://www.bradfordmillerlaw.com/ under the "Sellers" section. Mr. Miller offers a free 15-minute phone consultation to any homeowner looking to sell their property.

Buyers, and especially investors, are taking advantage of the real estate market. Bradford Miller Law, P.C. offers comprehensive legal representation when making a purchase. Call for a free 15-minute phone consultation.