by Lauren Jackson | Jun 6, 2018 | buying a home, Real Estate, selling a home, Survey
In the state of Illinois, if you own a single family home or a townhouse with its own lot number, and you are selling your property, your real estate contract will require you to provide a survey to your buyer dated within the last six months. If you have bought the...
by Lauren Jackson | Apr 3, 2018 | buying a home, mortgage, Real Estate, real estate closing, selling a home
As a real estate attorney, I have seen every reason or excuse as to why a buyer can’t close on time and requests an extension of the closing date. The most common reason being that the buyer’s lender is not ready with the loan approval, due to a plethora of reasons,...
by Lauren Jackson | Nov 21, 2017 | Attorney, buying a home, Contracts, Lawyer, Real Estate, real estate appraisal, real estate closing, selling a home
If your home has been on the market for some time (and you are using a realtor) you better make sure your realtor is working for you. Do you know the common ways that realtors and property owners use to market their property listings? Below is a short list that you...
by Lauren Jackson | Sep 7, 2017 | buying a home, Real Estate, real estate closing, selling a home, Taxes
If you are buying or selling real estate in the state of Illinois, one of the biggest line item dollar amounts will be the real estate tax proration (credit) given by the seller of the property to the buyer. In Illinois, all real estate taxes are paid one year in...
by Lauren Jackson | Aug 8, 2017 | Attorney, buying a home, Lawyer, property disclosure, Real Estate, real estate closing, selling a home
When you are purchasing real estate, property disclosure statements are some of the most important documents that you will receive. Property disclosure statements outline any flaws that the current owners and their real estate agents are aware of that could negatively...
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...
