by Lauren Jackson | May 19, 2017 | buying a home, Kane County, Real Estate, real estate closing, selling a home, Taxes
When it comes to issues with local real estate, one of the hardest things for people to understand is the property tax billing process. In Illinois, our property tax bills are billed in arrears. For instance, if you owned property in the year 2016, you will be paying...
by Lauren Jackson | Oct 3, 2016 | Attorney, buying a home, Lawyer, Real Estate, real estate closing
A lot of people are attracted to the comfort of buying a brand new home. The homebuilder makes it so easy now. You get to pick the land and customize the house just the way you want it. They may even make the sale offer extra enticing with additional “discounts” if...
by Lauren Jackson | Jun 7, 2016 | Attorney, buying a home, Contracts, Lawyer, Real Estate, real estate closing, selling a home
When you are buying real estate you have to sign a contract. Once the contract is signed by the seller time becomes of the essence. People believe that once you sign a real estate contract, everything in the contract is final. That is not true. Although I tell my...
by Lauren Jackson | Apr 19, 2016 | buying a home, lender's title policy, owner's title policy, Real Estate, real estate closing, selling a home
As we sit down on closing day to go through all of your real estate documents, you will notice on your closing statement that you are being charged for one of two different types of title insurance. Depending on whether you are the seller or the buyer you will be...
by Lauren Jackson | Apr 12, 2016 | Attorney, buying a home, Lawyer, Real Estate, real estate closing
When you are searching for a new home mortgage, many become confused as to what the annual percentage yield (APR) is vs. the interest rate. Using the comparison of these two terms is just another way one bank may try and confuse you to make you think its product is...
by Lauren Jackson | Mar 15, 2016 | buying a home, Deed, Real Estate, real estate closing
There are different ways to finance the purchase of a piece of property, i.e. a home. Recently, I have been getting more questions and handling more deals for owner financed sales, a/k/a contract for deed transactions. Simply put, a contract for deed is when the...