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The Illinois Short Sale Guide – NEW for 2020 and COVID

The Illinois Short Sale Guide – NEW for 2020 and COVID

by JAbdilla | Jun 17, 2020 | Foreclosure, Investment, Litigation, Real Estate

If you are facing foreclosure after the COVID19 recession, it is time to have a serious conversation about a short sale. Short sales are the best method to reduce the credit hit, keep your equity, and get back to normal after foreclosure. This article is based on a...
Foreclosure Attorney Explains – 7 Steps to Illinois Mortgage Foreclosure Law

Foreclosure Attorney Explains – 7 Steps to Illinois Mortgage Foreclosure Law

by JAbdilla | Jun 8, 2020 | Foreclosure, Litigation, Real Estate, Transactional

As of May 25, 2020, Illinois attorneys estimated that 605,000 Illinoisans will enter into eviction or foreclosure this year. To be sure, those numbers do sound bleak. But, the process is easily navigated if you have a great foreclosure attorney. We have over 200...
Remote Closings in Illinois – Can Real Estate be Contactless?

Remote Closings in Illinois – Can Real Estate be Contactless?

by JAbdilla | May 13, 2020 | Coronavirus, Multi-Board 7.1, Real Estate, Transactional

Last week, my entire LinkedIn was buzzing about how to do a “contactless closing.” For many real estate closing attorneys, remote closings represent our best chance of staying normal in our markets. But, many Realtors are still confused about how to do...
Dual Agency? Rights, Realtors, and Lawyers.

Dual Agency? Rights, Realtors, and Lawyers.

by JAbdilla | May 10, 2020 | Investment, Multi-Board 7.1, Real Estate, Transactional

Dual agency is when the same Real Estate Agent represents both the buyer and the seller. In Illinois, this arrangement is perfectly legal, and it is just a check-box on Section 29 of the Multiboard 7.0 Contract. These arrangements can be a nice opportunity fo both an...
The COMPLETE Multiboard 7.0 Guide – All 39 Clauses Explained

The COMPLETE Multiboard 7.0 Guide – All 39 Clauses Explained

by JAbdilla | May 7, 2020 | Investment, Multi-Board 7.1, Real Estate, Transactional

There is only one piece of paper I see every single day. If you wound up on this page, I think you’ve probably seen it too. It’s intimidating, it’s lengthy, and it’s written in complicated legalese. But, if you’re buying or selling real...
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