Highland, IN Real Estate Lawyer

Lake County firm assists with Indiana and Illinois property concerns

Home purchases, commercial leases, foreclosures and other real estate concerns are frequently complex and may implicate several areas of the law. Whatever type of property issue you have, David M. Blaskovich P.C. in Highland offers sound guidance and assertive representation. We handle residential and commercial real estate matters across Indiana and Illinois. Before you initiate a property transaction or take action in a disagreement over a real estate issue, we can outline a personalized strategy to maximize your chance for a favorable outcome.

Skillful counsel for various types of real estate issues

You can rely on us for exceptional insight and advocacy for the following property law concerns:

  • Representing the buyer or seller in a transaction
  • Sale/purchase agreements
  • Land-sale contracts
  • Deeds
  • Power of attorney documents
  • Mechanics’ lien issues
  • LLC formation
  • Escrow agreements
  • Leases for residential and commercial properties
  • Promissory notes and mortgages
  • Liens

In addition, our firm is regularly involved with transactions such as:

  • Mortgage foreclosure of residential and commercial properties
  • Receiverships
  • Mechanics’ lien foreclosure
  • Land-sale contract foreclosure
  • Judgment lien foreclosure
  • Ejectment and eviction on behalf of residential and commercial landlords
  • Forbearance agreements and deeds-in-lieu
  • Bankruptcy representation for proceedings relating to Reaffirmation Agreements, Motions for Relief of Stay, Dischargeability Actions and Section 363 sales

No matter what your real estate law challenge entails, we will work diligently to accomplish your objectives. 

Drafting and review of sales contracts and leases

For many families and businesses, the acquisition and sale of real estate counts among the most important financial transactions that they will ever make. Even lease agreements can have an enormous effect on parties’ financial stability. Accordingly, it is imperative to have a knowledgeable lawyer by your side when negotiating your property sale contract or lease. We have a deep understanding of the complications that can arise before and after the closing. By drafting contract terms that are clear and precise, our firm can help you avoid landlord/tenant disputes and unnecessary conflicts arising from real estate purchases.

Real estate closings

Agreeing to a contract is just the start of the real estate transaction process. There are many steps to go before the sale is finalized and the property is transferred, including:

  • Title search — To complete a purchase, a review must be undertaken to show that the seller is the true, unencumbered owner of the property.
  • Financing — The mortgage and any other financing that will be used to pay for the property has to be secured prior to the closing.
  • Home inspection — In advance of the closing, the buyer has the home inspected for problems that might not be apparent to a layperson. This could lead to a price adjustment or the seller’s agreement that the transaction is contingent on their making a requested repair.
  • Preparation and review of deed and transaction documents — Our firm prepares, reviews and explains deeds, mortgage agreements, HUD settlement statements and other documents that are required to execute the legal transaction.
  • Closing — When the deal can be completed, the parties and their attorneys sign the necessary documents and the buyer’s consideration is exchanged for the seller’s ownership of the property.

At every stage of your real estate transaction, we will make sure you have the information you need to make crucial decisions with confidence.

Commercial property transactions

In many cases, a commercial real estate transaction requires highly sophisticated legal counsel. Local land use and zoning rules must be researched first to determine if your office building, retail space, industrial site or other commercial property is permitted on the land you’re looking to buy. If not, you need to know if a variance or adjustment is possible. Assembling the funding for a business property also might be very complex. Our firm handles financing documents, contract negotiation, environmental issues and other facets of a commercial real estate deal.

Understanding Indiana’s foreclosure laws

Our firm advises lenders and homeowners on the strict rules that must be followed to complete a foreclosure in Indiana. In some instances, the financial institution is required to send a pre-foreclosure notice no less than 30 days before filing a foreclosure proceeding with the court. Various information related to the default must be included with the notice, such as a statement that foreclosure can be prevented by paying back what is owed. If you have received a foreclosure complaint or believe one is coming soon, it’s important to know that you to have options that might help you stay in your home or reduce your financial loss. We can propose a suitable loan modification or release your ownership through a short sale or a deed in lieu of foreclosure. 

Contact a Lake County real estate lawyer to set up a consultation 

David M. Blaskovich P.C. in Highland works with clients throughout Indiana and Illinois on a wide range of commercial and residential real estate issues. To discuss your particular property matter with an accomplished lawyer, please call 219-800-2075 or contact us online.