by Lauren Jackson | Oct 13, 2019 | Contract for deed, Quit claim deed, Real Estate, warranty deed
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...
by Lauren Jackson | Apr 27, 2016 | Deed, mortgage, Quit claim deed, Real Estate
With mortgage rates still around historic lows, I have had a few clients this past year where banks have given them trouble when trying to refinance their mortgage on property in a trust. The situation usually goes like this: the client’s home is in a revocable trust...
by Lauren Jackson | Oct 9, 2015 | Attorney, buying a home, Elgin, Lawyer, Quit claim deed, Real Estate, real estate closing, selling a home
For most of the real estate transaction sales that I handle, I am able to arrange it so that the client does not have to show up at the closing. This is a huge benefit for my clients because they don’t have to take off from work and they can focus on getting out of...
by Lauren Jackson | Sep 3, 2015 | Elgin, Quit claim deed, Real Estate, Transfer on death instrument
Did you know that Illinois gives you an easy way to transfer your real estate while keeping it out of probate without having to transfer it into a trust? It is called a transfer on death instrument or TODI. Once you decide who you want to have the property, I can help...
by Lauren Jackson | Jun 26, 2015 | Elgin, Quit claim deed, Real Estate, warranty deed
A quit claim deed is a document wherein the grantor transfers whatever interest he has in real property, like a house. The person giving the property is referred to as the grantor and the person receiving the property is the grantee. To be valid, a quit claim deed...
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