STEP SIX - Meet with an Attorney


Despite our best efforts -- there is still quite a lot of paperwork involved in purchasing a land trust house. There is the ground lease, which governs the rental of the land to the homeowner. There are loan documents, which explain the financing terms and can be lengthy and difficult to understand. There are closing documents, such as the deed, which gives the buyer title to the house. Because of the volume and complexity of these documents, we have always required our homebuyers to retain an attorney prior to closing to review these documents and answer any questions that they might have.

Over the years, we have put together a referral list of attorneys who are well-versed in land trust transactions, who have received high ratings from our homebuyers, and who have also agreed to represent land trust buyers on a reduced-fee basis. Here is their contact information:

Reno Simonini
Roy Froemming
Some of our buyers meet with their attorney before submitting the offer to purchase, and others wait to meet with their attorney until after the offer is accepted. Either way is fine with us.

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