by Lauren Jackson | Dec 27, 2023 | Attorney, buying a home, Elgin, Lawyer, lender's title policy, owner's title policy, Real Estate, real estate closing, selling a home, St. Charles
Two common questions we get from our selling real estate clients are: how do we get our money and when do we get our money? In northern Illinois, we use title insurance companies to handle the disbursement of monies in real estate transactions. By using a title...
by Lauren Jackson | Jul 22, 2023 | Attorney, buying a home, Elgin, foreclosure, Lawyer, mortgage, Real Estate, real estate closing, selling a home, Short Sale, St. Charles
When having to deal with a short sale real estate transaction, you should never allow a buyer to move in before the process has been finalized. Allowing a buyer to move can be a risky decision for several reasons and we will explore a couple of them below. Based on...
by Lauren Jackson | Jul 5, 2023 | Attorney, Deed, owner's title policy, Quit claim deed, Real Estate, St. Charles
To remove a person from the title of a house while keeping the ownership of the property intact, you will have to go through a legal process and almost certainly hire a real estate lawyer. Whether the person you want to be removed is alive or deceased will have an...
by Lauren Jackson | Jun 7, 2023 | Attorney, buying a home, Elgin, Lawyer, Real Estate, real estate closing, selling a home, St. Charles
If you are selling real estate (residential or commercial), you have a lot going on. Not only do you have to deal with your regular life stressors but add in packing, moving, dealing with inspection issues, etc. it can become overwhelming. We understand it is not an...
by Lauren Jackson | Mar 7, 2023 | Elgin, Quit claim deed, Real Estate, Transfer on death instrument
In 2012 the Illinois Residential Real Property Transfer on Death Instrument Act became Illinois law. This act authorized the use of a new deed called the Transfer on Death Instrument (“TODI”). This new tool allows the transfer of residential real estate outside of...
