LLC Mortgages: A Guide for Real Estate Investors
Discover how to secure a mortgage for your rental property LLC with our comprehensive guide. Learn about the requirements, application process, and common terms for investment property mortgages, and get expert tips for improving your chances of approval.
How to Set up an LLC for Rental Property
If you’re looking to start a business in Illinois, forming a Limited Liability Company (LLC) is a popular choice. An LLC is a type of business entity that provides the benefits of both a corporation and a partnership. In this guide, we’ll walk you through the steps of forming an LLC in Illinois.
Vermillion County Remote Closings
Selling a house, finding a great team, and closing remotely can be challenging, but it’s possible to do it successfully with the right preparation and guidance. When it comes to closing on the home, it’s essential to have a knowledgeable and experienced lawyer by your side to ensure the process goes smoothly and to protect […]
Chicago Short Term Rental Ordinance – No New News in 2023
Recently, the Illinois Appellate Court upheld Chicago’s Short-Term Rental (STR) ordinance in the case of Mendez v. City of Chicago. The city’s STR ordinance governs short-term housing arrangements such as those offered on Airbnb and VRBO. In 2016, two residents filed a lawsuit to challenge the original STR ordinance. Later, they added several claims to […]
Illinois Real Estate Advertising Laws – Ethical Advertising Made Simple
Real estate advertising is a key part of finding leads and meeting potential clients. However, REALTORS must also honor real estate advertising law in Illinois and the REALTOR® Code of Ethics. Violating these rules can have severe consequences for your reputation, cash flow, and career. Real estate brokers must ensure that their advertising practices comply […]
How to Sell Without a Realtor in Naperville Illinois – 2023 Guide to Naperville Transfer Stamps, Final Water Readings, and More
This comprehensive guide simplifies the FSBO home sale process in Naperville, Illinois. From mortgage payoffs to local requirements and closing, we cover every crucial detail to ensure a smooth transaction. Our expert legal guidance can help you navigate this complex process effortlessly.