Nothing is worse than buying a home only to find water damage when you move in. Once the home buyer takes possession, is there any action they can take to remedy the situation? Whether you discover water damage immediately or years later, if the damage...
Selling a home is a big step in your life’s journey. It is a time to celebrate, yet there are many unexpected issues that can arise even after you accept an offer. Among the most common issues that can derail a home seller’s closing involve...
While home inspections help avoid buying a home with defects, a final walkthrough allows you to confirm the home is in the same condition as it was when you signed the contract. Here’s how to prepare for your final walkthrough so nothing is missed. Don’t Pass...
Many home buyers are thrilled to find an opportunity to own a newly remodeled home. After all, the home has everything they dreamed of: new kitchen, spa bathroom, an addition for a larger family room, or even an in-law suite in the basement. Not only...
Homebuyers face a barrage of paperwork including a detailed contract with the sellers. Contracts can be confusing without input from a real estate attorney to help ensure you understand the terms and language. A home buying contract is especially important as it is the document...
Buying or selling a home is exciting but also opens home buyers and sellers up to possible legal issues. The binding nature of contracts becomes very meaningful during the real estate process. Because of this, home buyers and sellers should understand what a breach of...
Knowing when to sell your home is never easy. Unless you have reasons to sell, such as a growing family, relocating for a new job, downsizing, divorce, etc. you might feel uncertain if selling is right. If you’ve been sitting on the fence trying to...
Homeownership in Illinois comes with an often-confusing residential real estate tax. It’s important to understand how property taxes work as a homeowner. In fact, paying taxes on residential property taxes in Illinois is something that’s done based on the past rather than the future. Here...
Mortgages are long-term loans secured by real estate and include the principal amount you borrowed against the home as well as interest charged by the lender. Where many people get confused is how much they end up paying in interest over the life of the...
Title insurance is something people don’t usually hear about until they decide to buy a home. It’s a unique type of insurance because unlike most policies where you pay to protect against incidences that will happen in the future, your title insurance policy actually protects...
