Chicago laws are rather tenant-friendly. Therefore, it can be daunting to expel an adamant property occupant. The Forcible Entry and Detainer Statute governs evictions in Illinois. The property owner can file a single action to repossess the leased premises or a joint...
Chicago Real Estate Lawyers
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Struggling with a difficult tenant can get exhausting
Managing rental properties and having the title of landlord comes with a lot of negative condemnations. Many people believe that landlords are just out to make the most money and do the least for their tenants. However, most often this is not the case. Often, it's the...
Understanding Disclosure Statements
They can take many forms. Disclosure statements provide a great deal of useful information to the buyer about the property they are looking to buy and its past history. The amount of information contained in the disclosure statement depends on the seller. The...
Successful Real Estate Closing
Successfully negotiating a real estate deal can be a tricky process. There are many points you will need to remember during negotiations. Both the buyers and sellers try to negotiate good prices for themselves, and that can lead to some conflict. Buyers also have to...
Important Real Estate Contract Clauses
While drawing up the contract for making an offer on a home, there are certain clauses that should be included in it to ensure your interests are protected. The first thing the contract should specify is that the check you present to the sellers or their agent will be...
Buying your first condo? Here’s what you should ask
Buying your first piece of property is a big step. It is a major investment whether you are purchasing it as your main residence or as a rental property. It is definitely not something you want to do without doing plenty of research and consulting with someone...
Why it may be good to have a real estate attorney on your side
When you're looking to buy a piece of residential real estate, you are conducting one of the biggest financial transactions of your life. Trying to take on such a task alone leaves room for the creation of many potential legal conflicts. Some home buyers are wary of...
Avoiding Common Seller Mistakes
Selling your home is one of the biggest financial decisions that you will make in your life. There are many precautions that need to be taken on your part for the transaction to be carried through successfully. Let's talk about some of the mistakes that need to be...
3 benefits to a short sale
Selling a home can be a very difficult and exhausting process. It becomes even more stressful when you are facing financial hardship and fall behind on mortgage payments. Others may be able to make their payments but find that the amount they owe exceeds what their...
Top six tips for first-time home sellers
Selling your first home can be an emotional experience. Everyone has a special attachment to their first house because it is where everything started. Now you are ready for the next step in life and you must prepare for some major changes. Follow these important...