1000 Skokie Blvd #320, Wilmette, IL 60091

Real Estate

REAL ESTATE

The purchase and sale of real estate will likely be the biggest “deal” you will ever be involved in. Atty. Sylvester will, among other things:

  • Review the contract and ensure that all provisions and contingencies are in your best interest;
  • Inform you of your legal rights and obligations;
  • Obtain a title search, evaluate the status of the title and require appropriate legal remedies to clear any defects;
  • Advise you on what the title policy does not protect against, emphasizing marketability of the title when you sell the property;
  • Prepare or review the closing statement and other closing documents, and let you know about seller contingencies that affect your interests;
  • Interpret and counsel you about all legal documents related to the title and transaction, including deeds, mortgages, and closing statements;
  • Advise you on how you should take the title to the real estate, and how this affects your overall business and personal estate;
  • Check for unrecorded municipal liens, including sewer and special assessment liens;
  • Prepare a bill of sale to cover any personal property such as curtains and appliances that you and the seller agree shall remain in the home; and
  • Inform you about the income, estate, and gift tax consequences to your estate.