With median household incomes resting comfortably above the national average, Woodridge, IL is a thriving Chicagoland suburb that attracts both growing families and highly educated professionals who do not have children but want to enjoy the benefits of suburban life. With so much to offer in the suburb’s tree-lined neighborhoods and business districts, it is no wonder that real estate values in the 60517 area have increased steadily over the past two years.
If you are a buyer or seller looking to take advantage of the attractive residential or commercial real estate market in Woodridge, IL, consulting with an experienced real estate attorney can help protect your financial interests while ensuring you understand all the legal documents you will be required to sign. Fournier Law Firm, Ltd. has been serving Chicagoland realtors, developers, homeowners and first-time homebuyers in all phases of real estate transactions for more than 17 years. They have the necessary experience to make sure everything goes as smoothly as possible with your deal.
Protecting You from Potential Risks to Your Investment
In its years of handling residential and commercial real estate transactions, Fournier Law Firm, Ltd. has learned to anticipate and avoid problems that arise during real estate transactions. This extensive experience working on deals involving buying, selling, leasing, financing and developing real estate allows our real estate attorney to see potential problems down the road before they become a serious headache for you.
By consulting early with our real estate attorney, you give yourself the benefit of guided counsel at every step of the buying or selling process. And by offering comprehensive real estate legal services, Fournier Law Firm, Ltd. can help you with every aspect of your real estate transaction, including:
- Buying and selling property
- Construction and site development
- Zoning and permits
- Boundary disputes
- Entity formation for real estate projects
- Special purpose entity formation
- Covenants and restrictions
- Property tax assessment appeals
Need a Short Sale Lawyer in Woodridge, IL? No Problem.
If divorce or a loss of income has you struggling to pay your mortgage, you may be able to avoid foreclosure by negotiating a short sale with your lender. When a homeowner sells a home for less than the balance due on the mortgage, it is called a short sale. This intricate real estate transaction is designed to free homeowners from the burden of unmanageable mortgage debt. However, because of the potential risks this type of real estate transaction poses to your other assets, you should never enter into a short sale without consulting an attorney.
The knowledgeable short sale lawyer at Fournier Law Firm, Ltd. can help you understand the complexities of this real estate option and will negotiate with your lender to obtain the most favorable outcome possible. In some cases, lenders agree to waive the outstanding mortgage balance after the home is sold, relieving the borrower of responsibility for that debt even if it is not paid in full.