by Lauren Jackson | Jan 25, 2024 | Attorney, buying a home, Lawyer, Mechanic Lien, mortgage, owner's title policy, Real Estate, selling a home
If you make your living in real estate, an instrument you should know is the mechanic lien. Also known as a construction lien or a contractor’s lien, a mechanic lien is a legal claim that a contractor or other construction professional (carpenter, architect, plumber,...
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 | Nov 9, 2023 | Attorney, buying a home, Contracts, Lawyer, Real Estate, real estate closing, selling a home
Whether you can get your earnest money back if you cancel your real estate contract depends on the specific terms and conditions outlined in the contract and the circumstances surrounding the cancellation. An earnest money deposit is a sum of money provided by the...
by Lauren Jackson | Sep 20, 2023 | Attorney, buying a home, Lawyer, Real Estate, real estate closing, selling a home
Hiring a real estate attorney is an important part when purchasing or selling real estate. Asking the right questions can make sure the attorney is a good fit for your transaction. Hiring the right attorney could make or break the deal. The legal industry has become...
by Lauren Jackson | Aug 27, 2023 | Attorney, Lawyer, Limited Liability Company, Real Estate, Small Business
If you own one or more real estate rental properties, a question to ask yourself should be what is the best way to legally protect yourself and your properties from liability? The top strategy utilized today is to create an LLC, or a Series LLC. A Limited Liability...
by Lauren Jackson | Aug 7, 2023 | Attorney, buying a home, Contracts, Lawyer, Real Estate, real estate closing, Real Estate Inspection, selling a home
When buying residential or commercial real estate, it is highly recommended to get a certified inspection on the property. A residential home inspection report is a document prepared by a professional home inspector after assessing the condition of a residential...
