Contract Review and Negotiation
Whether you’re the buyer or the seller the process starts when the contract is signed. Most times, the contract contains a provision called the attorney review contingency. This provides the parties with an opportunity to have their respective attorneys review the contract and if necessary, negotiate changes. We always make sure that our clients understand all aspects of the terms of the contract and where pitfalls may lie.
Inspection Review and Negotiation
The contract should also include an Inspection contingency for the buyer. This affords the buyer the invaluable opportunity to have the property inspected by a professional home inspector. Our office will review the inspection report with our client and if necessary, negotiate the repair of or credit for the repairs recommended by the report. Or if representing the seller, counsel our client as to what demands of the buyer are appropriate or overreaching and negotiate accordingly.
One of the most important functions that we provide to our clients is to make sure that you receive or give clear title so that there are no future ownership disputes over the property.
Representation at closing
We represent our clients at the closing table. When we represent the seller, we prepare all of the necessary documents as well as account for all of the funds that are due to our client from the sale.
When we represent the buyer, we review and explain to our client all of the loan documents that are being signed as well as assuring that they correct. We also carefully explain and review the financial end of the transaction called the “RESPA” to insure that our client is not being overcharged.
Call us today to learn how Robins & Associates can best protect your interests in your real estate transaction. 312-641-9500