The Ultimate Guide to Selling Your Home in Tinley Park, Illinois -2023 Guide to Tinley Park Transfer Stamps, Final Water Readings, Choosing a Realtor and More

Tinley Park, Illinois, real estate investing can be a rewarding and cost-effective process if you’re prepared to handle the responsibilities that come with it. By following this comprehensive guide, you’ll be well on your way to successfully buying or selling your home and enjoying the benefits of a smooth, efficient transaction.
Chicago Foreclosure Lawyer Explains – 7 Steps to Illinois Mortgage Foreclosure Law

Foreclosure can be a daunting and stressful process for any homeowner, and understanding the timeline and key milestones can help you navigate this challenging situation more effectively. In Chicago, the foreclosure process is primarily judicial, meaning it involves the court system and follows a specific timeline with various stages. In this article, we will discuss the critical steps and deadlines in the Chicago mortgage foreclosure timeline to help homeowners gain a better understanding of the process and the options available to them.
The 2024 Illinois Short Sale Guide for Selling Your Home to Get Out of Foreclosure

Short sales are the best way for our Chicago community to face financial hardship. A short sale attorney can eliminate debt and help you get your life back. By explaining your difficulties to the Bank, negotiating the price and working with the Court, we rescue homeowners from debt.
The Real Cost of Selling Your House “As Is”

? Are you considering selling your house ‘as-is’ in Chicago? Learn from a real estate attorney about the true costs, benefits, and alternative options to make the best decision for a stress-free sale. Don’t miss our latest blog article! ? #ChicagoRealEstate #AsIsSale #HomeSellingTips
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.
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 […]
SB1872: Illinois Law on Wholesaling Houses

On the first of January, 2020, the State of Illinois passed SB1872, and effectively outlawed real estate wholesaling in Illinois. Undoubtedly, many investors are scrambling to find a business model that fits the new law. So, today we will answer three questions: First, what is Real Estate Wholesaling? Second, why did Illinois make wholesaling houses […]
Illinois Real Estate Disclosure Law – 2022 Form and FSBO Disclosures

If you’re looking to sell residential real property in Illinois, it’s important to understand the Illinois real estate disclosure laws. Whether you’re selling a single-family home, a condo, or a four-unit multifamily property, you must file a disclosure form as defined by law. Even if you’re selling the property as-is. In fact, the Illinois Association […]
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 […]