For most people, a real estate purchase or sale is one of the most significant events that occurs during their lives. Not only do real estate transactions involve significant sums of money, but deciding on the home where you and your family will live is a momentous decision. Especially if you are a first-time home buyer unfamiliar with the complex documents of a real estate purchase, you want to make sure that everything goes as smoothly as possible and that your rights are completely protected.
Your attorney is your adviser and advocate for all aspects of the transaction. The attorney's role is to provide legal advice, interpret legal documents, and review or draft all the documents necessary to complete the transaction. Burr Ridge, Illinois real estate attorney Saul Modestas has more than 10 years of experience representing buyers and sellers in real estate transactions.
In addition to handling real estate transactions, Modestas Law represents clients in litigation arising from real estate transactions.
Our Experience and Client Dedication Set Us Apart
We have a common-sense and results-oriented approach to real estate transactions. We also focus intently on delivering a high level of customer service. You will be advised of the status of your transaction on an ongoing basis and alerted to any issues or delays as soon as they arise. We strive to make all clients walk away feeling that they had the best possible representation and counsel throughout every step of the transaction.
In addition to the in-depth knowledge and skill that we have gained through our many years of experience, we have special qualifications relating to real estate transactions. Illinois real estate attorney Saul Modestas is licensed by the State of Illinois as a Managing Real Estate Broker and is a title agent for numerous title insurance companies.
Our Burr Ridge, Illinois law firm prepares and reviews all types of real estate documents for residential and commercial customers, including contracts, leases, notices, deeds, mortgages, notes, and assignments.
Saul Modestas served as president of his own condominium association for 10 years, which gives him unique insights into association issues. We leverage that experience in advising condominium and townhome associations and unit owners on a wide range of matters, including board issues, interpretation of declarations, by-laws, amendments, rules, violations, hearings, fines, sales disclosures, insurance issues, and property tax appeals.
Illinois Real Estate Transactions Come in Many Forms
At Modestas Law, we represent clients in all types of residential and commercial real estate transactions in Chicago and the suburbs. We have handled transactions for hundreds of buyers and sellers in purchases and sales of:
- Single family homes
- Apartment buildings
- Commercial buildings
- Vacant lots
We handle traditional purchases and sales and also have experience representing and advising residential and commercial clients regarding:
- Residential investment purchases and sales
- Transactions without a real estate agent
- People selling their homes "By Owner"
- Judicial sales
- Purchases from mortgage companies after foreclosure (REO's)
- Short sales
- Private mortgage transactions
- Land trust creation and revision, as well as purchases and sales of real estate held in trust
- Property tax appeals
- Unpaid property tax issues and transactions
- Internal Revenue Code Section 1031 like-kind exchanges
- Real estate limited liability company (LLC) transactions
- Environmental issues, including Phase I and Phase II Environmental Site Assessments
Illinois Real Estate Litigation
In addition to handling your real estate transaction, we can also represent you in real estate litigation. Our experience and thorough understanding of the complicated details of Illinois real estate transactions will enable us to sort through the issues and explain to you step-by-step what your options are.
We have experience representing clients in many types of court actions that arise from real estate transactions. Examples of litigation that we handle involving real estate include:
- Mechanics lien cases for contractors and subcontractors, including architects, plumbers, electricians, brick masons, and painters
- Real estate contract issues
- Mortgage issues, including foreclosures
- Eviction cases on behalf of landlords and tenants for residential and commercial properties
- Condominium association, unit owner, and management company matters
Our in-depth experience handling the transactional side of real estate law gives us a distinct advantage in navigating through all the intricacies of real estate litigation.
Contact a Burr Ridge Real Estate Attorney to Schedule a Consultation
We serve clients in Chicago and the surrounding area, including Cook County, DuPage County, and Will County. Our office is located in Burr Ridge. Contact us to schedule an initial consultation. We look forward to serving your Illinois real estate legal needs.