Closing a Wholesale Contract in Illinois: DO YOU NEED AN ATTORNEY?

[Paul Z.]

Hello everyone. I've been searching the boards for 2 hours trying to find a clear answer to my question and have come up with nothing so I apologize if this question is something I could have found elsewhere (by all means post the link to where I can find the answer to my question below):

I'm having some confusion as to how a Wholesale deal can be closed in Illinois. I've heard conflicting information and just about everyone I talk to regarding the matter either looks at me funny or seems to think it's not possible. My question is,

When you do a wholesale deal are you:

Having an attorney write up all the contracts who then submits them to the seller for signatures, and then take the contract to the title company to handle escrow, title search, and closing?

or

Are you simply sending your contract (that has been reviewed by an attorney) to the seller to sign and then taking the signed contract to the title company who then handles escrow, title search, and closing? (Eliminating the need for an attorney all together)

I've been talking to a lot of real-estate attorneys in Illinois lately and I'd say 90% of them either sound like they have no idea what I'm talking about or feel that what I'm doing is not possible.

Thank you for your comments!