real estate law

When you experience financial hardship in your life, you may find yourself in a position where you can no longer afford your mortgage payments. This is a scary situation for many people who are facing bankruptcy and you may wonder if you will end up homeless. We...

Finally, you have found a house in Illinois that you love. The down payment and mortgage are no problem, but there is more to do before officially moving forward. Home inspections are a critical part of the process, but you can take a few steps on your own to...

You have to make so many considerations when buying a home that you may forget about the most important one: how much you will pay for it. The fun part of buying a house is getting to walk through the different options and see what is available. It is also exciting to...

If you are looking at buying a new home in an Illinois neighborhood, you should be aware of real estate contingencies, since they may protect you from buying a home that has problems. A contingency is a provision in an Agreement of Sale that needs to be met or the...

In Illinois, there are building codes and regulations for many of the counties, and even some at local levels. Many towns and villages have their own committees which oversee permits and regulations for the construction of any kind of occupied area. In the absence of...

Real estate can be a tricky business, especially for people in Illinois who are unfamiliar with how buying and selling property typically goes. Because there are so many unique contingencies based on each buyer's varying circumstances, it is critical that people take...

You are preparing to buy a property in Illinois and are anticipating signing a contract reasonably soon. Now, you are wondering if there are specific terms that you should better understand before you sit down with the contract in front of you. Familiarizing yourself...

Over the years, the real estate industry in Illinois has ebbed and flowed like much of the other components of the economy. However, as of late, real estate all throughout the nation appears to be at an all-time high. Buyers and sellers are exploring new ways of...

Living in a covenanted community has its benefits. Gated or closed neighborhoods tend to be well-maintained, quieter and safer. Additionally, it’s easier for homeowners to retain or increase investments made in their properties. A homeowners’ association checks that...