Category: Transactional

Quantitative Tightening and Inverted Market Economics of Housing

quantitative tightening and modern monetary theory

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

illustration of man pushing money up a hill for foreclosure attorney article

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?

stay home design for covid19 contactless closings with floorplan

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.

two young men reviewing a laptop for dual agency article

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.

For Sale by Owner – 6 Questions for FSBO Due Diligence

For Sale by Owner Home with Many signs that look crazy

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.

What is Mortgage Deferral?

mortgage spelled with scrabble tiles on wood

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 […]