Illinois Real Estate Attorney – Residential Transactions & Closings

Residential real estate moves quickly in Illinois. Buyers and sellers often make major decisions in a short timeframe, and the legal details can feel overwhelming. Having an attorney who understands Illinois law, local customs, and the practical side of closings can make the process far more efficient and predictable.

Alexander A. Echevarria provides experienced, attentive representation to clients throughout Illinois. His work focuses on residential transactions, contract review, negotiations, and guiding clients through a smooth closing from start to finish.

About Attorney Alexander A. Echevarria

Based in Chicago, Alexander is licensed to practice law in Illinois and has nearly ten years of experience handling residential real estate matters. He completed both his undergraduate and law degrees at Barry University, where he was also a four-year letterman on the university crew team.

He is known for being steady, detail-oriented, and responsive. Clients rely on him for practical guidance and clear explanations at every stage of a transaction. His background includes work in real estate law, estate planning, and immigration law, as well as experience with an NFL organization and a national vocational school chain. Together with his team, Alexander is committed to providing efficient, high-quality service in every matter he handles.

And that matters—especially when a home purchase or sale is one of the most significant financial decisions a person makes.

Residential Real Estate Services

Illinois transactions follow a specific structure: attorney review periods, inspection timelines, title requirements, and closing procedures that differ from many other states. Alexander assists buyers and sellers in navigating each step with clarity and confidence.

Buyer Representation

Buyers receive comprehensive support from contract signing through closing. Alexander helps with:

  • Reviewing and explaining the contract
  • Guiding clients through the attorney review period
  • Managing inspection issues and modification requests
  • Reviewing title commitments and resolving concerns
  • Coordinating with lenders, realtors, and title companies
  • Preparing clients for the closing appointment

The goal is simple: ensure buyers understand their obligations, protect their interests, and keep the process moving smoothly.

Seller Representation

Sellers benefit from proactive preparation and clear communication. Services include:

  • Drafting or reviewing the initial contract
  • Handling statutory disclosures
  • Managing title preparation and resolving open issues
  • Responding to buyer requests during attorney review
  • Coordinating payoff statements and closing documents
  • Ensuring all requirements are met before the closing date

Attention to detail is critical here. Small issues can cause delays, and Alexander focuses on avoiding unnecessary complications.

Condominium vs. Single-Family Transactions

Illinois condominium sales come with additional disclosure requirements, association document reviews, and financial considerations. Buyers often need help evaluating:

  • Association budgets
  • Reserve studies
  • Special assessments
  • Rules and regulations

Single-family home transactions raise different questions, such as survey issues, easements, and property condition disclosures. Alexander tailors his guidance to the type of property and the specific concerns that come with it.

Key Illinois-Specific Requirements

Illinois has several distinctive practices that shape the transaction timeline. A few of the most important include:

Attorney Review Period

Most residential contracts include a standard five-business-day attorney review period. This is the client’s opportunity to:

  • Request modifications
  • Raise concerns from inspections
  • Clarify obligations
  • Confirm timelines

Managing this period effectively helps prevent misunderstandings later in the transaction.

Role of Attorneys at Closing

Illinois customarily requires attorneys to be directly involved in preparing closing documents, coordinating final details, and reviewing settlement statements. This ensures that both buyers and sellers receive clear legal oversight during one of the most significant steps in the process.

Transfer Taxes

Illinois imposes state transfer taxes, and many counties and municipalities impose their own. Each jurisdiction has its own rules and fee structures, which must be addressed before closing.

What to Expect During the Closing Process

A residential closing in Illinois typically includes:

  • Final review of lender documents
  • Confirmation of loan funding
  • Execution of deeds, affidavits, and disclosures
  • Review of the settlement statement
  • Transfer of keys and possession

Alexander ensures clients know what to expect before they arrive. The objective is to keep the process organized, predictable, and focused on protecting the client’s interests.

Remote and Virtual Closings

Illinois permits a range of modern signing options, including electronic signatures in many situations. Depending on lender requirements and title company procedures, clients may be able to complete some or all of their closing documents remotely.

Alexander helps clients understand when remote execution is possible and what steps are needed to remain compliant with Illinois law.

A Steady, Detail-Focused Approach

Residential transactions involve strict deadlines, precise documentation, and meaningful financial commitments. Alexander emphasizes communication, preparation, and consistent follow-through. Clients receive clear guidance and practical advice throughout the entire process.

Contact

To learn more about residential real estate services in Illinois or to schedule a consultation, clients can reach Alexander’s office directly for assistance.

Important Notice

This section of the site represents the independent legal practice of Alexander A. Echevarria, a licensed real estate attorney in Illinois.