Quantitative Tightening and Inverted Market Economics of Housing

Reuters just published an article announcing a leak from the Federal Reserve about the beginning of Quantitative Tightening – https://www.reuters.com/business/calling-time-qe-central-banks-prep-synchronized-asset-cull-2022-04-19/. What, you might ask is that? For the last decade, the Banks have been adding money to their balance sheets at the end of every day. This is called Quantitative Easing. They do this through […]
Foreclosure Attorney Explains – 7 Steps to Illinois Mortgage Foreclosure Law

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. Learn your options in court, or learn about how to save your home and your money with a great foreclosure lawyer.
Remote Closings in Illinois – Can Real Estate be Contactless?

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, Illinois has non-conforming electronic transactions laws. How do we do it? Is there help for doing remote closing in Illinois? What can we do during the COVID era?
Dual Agency? Rights, Realtors, and Lawyers.

While dual agency agreements allow buyers and sellers to save money and better project costs, both parties will never truly get the maximum benefit they would in an adversarial transaction.
The COMPLETE Multiboard 7.0 Guide – All 39 Clauses Explained

Buying or selling real estate in Illinois? You’re using the Multiboard 7.0 contract. We tell you how to use every clause to protect your investments!
What can I buy with my FICO score after COVID?

Buying without your finances in order can cost 1000s annually. Learn the new FICO score guidelines and FHA rules for 2020’s post-COVID lending.
For Sale by Owner – 6 Questions for FSBO Due Diligence

For Sale By Owner. FSBO. These words often mean a seller looking to save money, but how do you protect yourself as a buyer? As an attorney, it’s my job to save your money by showing you where you must spend and where you can save.
The Best Time to Buy a House?? Why COVID-19 Corrected the Seller Market in Chicago.

Spring 2020 is the best time to buy a house in Chicago. With COVID19, values have never been lower. We found the data that shows how you can make money. Capitalize on the low values, high cash flow and long term stability of Chicago with your portfolio.
What is Mortgage Deferral?

For many landlords, the hot topic around the country is the idea of mortgage deferral. While tenants are concerned with a rent freeze or rent forgiveness, property owners have occupied themselves with avoiding foreclosure. In the USA, 62% of homeowners have a mortgage, and the median payment is $1,100. For most of us, the $1,200 […]
The Paid Assessment Letter Guide for Chicago Sellers

Finding out how to get the Paid Assessment Letter written by your HoA can be frustrating. Learn what goes into getting your condo sold.