Johnetta Paye

At J. Paye & Associates Chicago based boutique law firm, the goal is not just to confirm paperwork and purchasing agreements. J. Paye & Associates wants clients to have legal representation that they can trust for more than a call or office appointment. The firm's real estate group represents nationally recognized, international and Chicago-based real estate investor clients. Johnetta Paye, the firm's managing partner has handled numerous real estate closings. She has a strong understanding of the different types of real estate investing strategies (buying & holding, buying & flipping, and wholesaling). Johnetta Paye, also serves as outside legal counsel for nationally recognized real estate investors. As outside legal counsel duties ranges from forming business entities, drafting contracts, vetting real estate deals, and consulting on business strategy. Johnetta Paye is an attorney title agent for Chicago Title, Greater Illinois Title Company, Fidelity National Title, ATA National Title, Barrister Title and Lakeland Title. Johnetta G. Paye, Esq. and her team can provide many needs in the real estate industry: ● Advise on real-estate related legal issues ● Assigning purchase agreements ● Closings for investment property buyers ● Drafting deeds (ex. corrective deeds, quitclaim deeds, warranty deeds) ● Drafting operating agreements ● Filing corrective, quitclaim and warranty deeds ● Foreclosure agreements ● Forming limited liability companies (LLCs) and corporations ● Guarding against mortgage fraud ● Hard money loans ● Land-holding companies ● Land trusts for investment property and residential buyers ● Litigation ● Ordering title commitments ● Real estate wholesaling ● Representation for sellers, repeat buyers and first-time buyers ● Representation for rental and purchased “flip” properties ● Reviewing general contracts ● Review title searches and chain of title ● Short sales ● Structuring double closings ● Vacation rental (ex. Airbnb) legal assistance In 2015, J. Paye & Associates teamed up with MaryAnn Marsh, a real estate broker and co-owner of Chicago’s M Lounge, to help everyday homeowners become more educated in property queries -- free of charge. Their four-part collaboration video series provides easy-to-follow guides about the basics of a deed-in-lieu, a short sale and loan modifications. Everyday home buyers learn why a bank would be willing to work with them to get any of the three, in addition to when to and when not to decide on home foreclosures. Michael Maze, Esq., of the Mazek Law Group LLC, was also a guest participant. Focus areas in the video series include answering questions such as: What is a loan modification? What is a short sale? What is a deed in lieu of foreclosure? What exactly is foreclosure? The six-minute video tutorials provide these tips and more, and are accessible nationwide. The goal was not only to provide fundamental tips but to help homeowners avoid common pitfalls when doing business in the housing industry. J. Paye & Associates prides itself on providing honest, constructive legal feedback with a timely turnaround. Contact us today at 312-627-0054 or visit us at www.jpaye.com to see how J. Paye & Associates can help you with your real estate investing needs.