Real estate encompasses not only one’s primary residence but also other real estate such as a vacation home or a rental property. The ideal form of ownership varies depending on the type of real estate you own. Below, we take a look at the different types of real...
With a push by the Democratic party to return federal estate taxes to their historic norms, taxpayers need to act now before Congress passes legislation that could adversely impact their estates. Currently, the federal estate and gift tax exemption is set at $11.58...
Life is good and you believe you have found your forever home. However, what happens if you signed a contract to purchase that home and you changed your mind? Is there a way to cancel a real estate contract without being penalized? When purchasing a...
A deed for real estate is a legal document that transfers ownership of real estate from one owner to another. When buying and selling real estate, in the state of Illinois, there are several different types of deeds that are used. If you are selling or buying real...
For most people, the most expensive transaction you will ever make is the sale of your home. However, before you are able to sell your home, there is a process that must be followed. If using one, you will be working heavily with your real estate...
If you are thinking of buying a home it is not required, but highly recommended, that you get a home inspection by a qualified home inspector. What is a home inspection and how should you use the report? A home inspection is exactly what it sounds like, a thorough...
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