How a Consumer Hired a Lawyer to Draft a Seller Financing Agreements in Illinois

In 2025, a personal client in Illinois sought assistance with drafting seller financing agreements for a property sale. The client aimed to ensure that the agreements included protections for current tenants, who were enjoying affordable rent prices, while also specifying potential rent increases over time. Additionally, the sellers were considering an option to exit the seller financing arrangement after ten years, and they wanted guidance on how to best reflect these terms in the sale documents. As a result, the client received five proposals from licensed lawyers, with flat fee bids ranging from $700 to $3,500, all submitted to complete the work within the requested deadline of over a week.