Chicago Real Estate Lawyers

Real Estate Closings

Whether you are buying or selling real estate, the transaction can have a big impact on your finances and future investments. Therefore, it cannot be overstated the necessity of retaining an experienced real estate closing attorney to advise you throughout the process.

While every real estate transaction is unique, most closings include:

  • Drafting required closing documents
  • Producing legally required mortgage documents
  • Planning financial obligations for all parties, and
  • Procuring title and property insurance

During the closing process, we will be there for you every step of the way and ensure a smooth transaction. For buyers, we will review and negotiate the terms of the real estate contract and purchase agreement, deal with any issues raised during inspection, and review the title insurance commitment and closing documents. For sellers, we will review and negotiate the terms of the real estate contract, procure a title insurance commitment, and prepare all closing documents. Contact us now if you need an experienced real estate closing attorney to handle your closing.

Foreclosure Defense

Facing foreclosure can be one of the most stressful and frightening events in your life. However, you can fight back against the mortgage company to save your home. As experienced foreclosure defense attorneys, we will thoroughly review your case and go over all your options.

Mortgage foreclosure is the legal process by which a mortgage holder/lender or third-party lien holder attempts to gain ownership of the property securing its lien. Typically, the lender can initiate a foreclosure action any time after a default on the mortgage. In Illinois, this process is under the direct supervision of the court affording both sides the right to present their cases.

There are numerous ways to challenge a foreclosure action, including illegal actions by the mortgage company when closing the mortgage or during the foreclosure process, inadequate notice of the foreclosure lawsuit, or unethical behavior by the lender. In addition, there are ways to mitigate your losses by entering into a deed in lieu of foreclosure or negotiating a repayment plan with the lender.

If you are facing foreclosure, it is imperative you speak with an attorney as soon as possible. The sooner you understand your options the more likely you are to succeed in keeping your home or mitigating your losses. Call now to discuss your options with a foreclosure defense attorney at DebtPros.

Loan Modifications

If you have fallen on hard times and are delinquent on your mortgage, applying for a loan modification may be a viable option for you. By restructuring your loan, you can stay in your home and circumvent foreclosure. However, it is important to understand the terms of the new loan as many loan modifications fail after several years. For a loan modification to succeed, the terms of restructured loan must be feasible and appeal to the lender.

Loan modifications offer numerous benefits to homeowners, including:

  • Reducing the principal balance of your mortgage
  • Reducing the interest rate of your loan
  • Reducing the monthly payments of your loan
  • Extending the term of your loan, or
  • Deferring your mortgage arrears

To complete a loan modification, you must send over certain documents to the mortgage company and wait for their approval. Each lender has specific rules and guidelines on who qualifies for a loan modification. As experienced loan modification lawyers in Chicago, we will work diligently on your behalf to negotiate with the lender ensuring you receive feasible, favorable terms. We recommend enlisting our services as soon as you fall behind on your mortgage to promptly prevent foreclosure and restructure your loan.

Client Reviews

I am honored to provide such a financial relief feedback for this amazing blessing whose name is Atty. Wonais. There is so much I could share endlessly about his superb knowledge and service that he offered me as his...

Val B.

I was referred to them, and this has been the best decision I have ever made. I never been this confident in a person like I am with John. He heard my needs and wants, he made it possible to give me that. Excellent...

Nicole Murray

This office and staff was amazing. I was referred to John from my best friend and as soon as I reached out he was very prompt on getting back to me and helping. From start to finish the process was amazing stress free...

Kierra Smith

So one night I went online looking for advice on google and John came up and I called him on the weekend late evening and he happened to answered which was awesome. John helped me out with my situation he gave me amazing...


John took me on as a client with no problem. He was very understanding, passionate, helpful and available every step of the way. Trust me I am a very happy client, I definitely recommend John.

Jessica Burton

John did a wonderful and seamless job with my case-he handled everything properly and was very timely in all of his communication. He is professional and reliable. I would highly recommend him to anyone who may have to...

Ashley I.

I had a great experience with Wonais Law, LLC. John is very patient and replies right away to any questions or concerns that you have. I would recommend his services to anyone.

Erika Sing

Get in Touch

Fill out the contact form or call us at (312) 883-5422 to schedule your free consultation.
  1. 1 Free Consultation
  2. 2 Available 24/7
  3. 3 Plan for Your Future Today

Leave Us a Message