Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How much does it cost to hire a real estate lawyer in Illinois for a residential closing?

April 26, 2017closing COST hire Illinois Lawyer Real Estate Residential

0

Posted

How much does it cost to hire a real estate lawyer in Illinois for a residential closing?

1 Answer

0

Posted

While there is no set price for hiring a lawyer for a real estate closing in Illinois, typically we see attorneys for the buyers charging a flat fee between $400 and $500. For the seller’s lawyer it seems to be slightly higher in most cases, usually between $450 and $550. The more work involved, the higher the price usually is. A word of warning; some lawyers obtain copies of real estate listings or mortgage applications and will out of the blue send you postcards offering to handle your closing for a rate that appears to good to be true. In our opinion these lawyers are attempting to obtain clients through unethical means. If it seems to good to be true it usually is. If you have any other questions about Illinois real estate law or would like a referral to an Illinois real estate attorney, please do not hesitate to contact us. All inquiries are free and confidential.