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Selling Your Home? Avoid Common Pitfalls With Attorney Al On Your Side

Can I sell property without a real estate agent?

An Overview of "For Sale by Owner" Transactions

For sale by owner (FSBO) transactions account for 20% of home purchases. While this type of transaction can eliminate real estate agency fees, these types of transactions usually entail a number of legal hazards.

If you are looking to sell property without the help of a real estate agent or agency, speak with the Law Office of Al Beaudreau, Ltd. today. We can help you maximize profits and avoid pitfalls. Whether you are selling your property without the assistance of a real estate agency or buying property from an individual who is handling the process on his or her own, it is essential to hire a qualified lawyer to ensure a satisfactory transaction.

For a limited amount of time, the Law Office of Al Beaudreau, Ltd. will be offering our legal services to sellers for as little as $175. Call (888) 502-9477 today to learn more!

Benefits of a FSBO Transaction

For Sale Sign

First and foremost, you may be able to negotiate a more reasonable price, as a real estate agent's commission will not be included in the asking price—which is usually around 6%. Additionally, you will have the opportunity to communicate directly with the property owner and express your expectations without going through a middleman.

Why hire an Illinois real estate attorney?

Without the help of a real estate agency, you need to make sure that the transaction is appropriately handled. In order to do so, you should consult an experienced real estate lawyer in Illinois to guide you through the legal complexities involved in buying a FSBO property. Similarly, if you are looking to sell a property without the help of a real estate agency, review your case with a lawyer before initiating a transaction.

The For Sale by Owner Process

  1. Preapproval - Before you can buy a home for sale by owner, you need to get preapproved for a loan. Before or after you see the home, it is a good idea to get a valuation or property report. Our firm can help you close a deal, let you know if there is any special paperwork you need to fill out, help you coordinate the financing, and can also advise you about town real estate ordinances and your state's disclosure and tax laws.
  2. Mortgage Rate - Once an agreement has been reached, you are going to want to lock in your mortgage rate. has a good mortgage comparison tool that could prove helpful. After all of these steps have been taken, you should not hesitate to have the home professionally inspected. A home inspector can examine electrical wiring, moisture levels, carbon monoxide, asbestos, lead, electromagnetic fields and radon.
  3. Things to Remember - Before you buy a "For Sale by Owner" home- beware. Keep in mind that sometimes these houses can cost 10% to 20% above market price, can conceal serious problems and can take longer to close. When you work with Attorney Al, you can have peace of mind knowing that a legal professional will be there to look over contracts and agreements, and handle most of the details at closing.

We Serve Clients in the Chicago Metro Area and all Surrounding Counties

With nearly two decades of experience to draw from and over 7,000 successfully closed real estate transactions to our name, we are confident in our ability to effectively handle your case. Unlike other law firms, we strictly limit our focus to real estate law and closings. This focused approach allows us to provide you with the dedicated legal representation you need when involved in a For Sale by Owner transaction. Not to mention, we are offering our services for $175 for a limited amount of time.

Call the Illinois real estate lawyer today to learn more! We serve clients throughout Cook County, Will County, and DuPage County.