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 Kind of Mortgage Would a Mortgage Attorney Recommend?
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.
Illinois Contracts and Real Estate: Attorney Review and Due Diligence
Whenever you enter into a purchase and sale agreement in Illinois, whether you are a buyer or a seller, you will agree to an Attorney Review provision. To be sure, Illinois is somewhat unique in this way, and not many states require a lawyer for Real Estate contracts. To clarify, this article will inform you […]