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2025 Home Buyer Resolutions

By | December 13th, 2024|

What are your 2025 Home Buyer Resolutions? Every year, Ilyce and Sam offer their readers New Year’s resolutions for home buyers, home sellers and their personal finances. This year, they've also added their 2025 Housing Trends. These are their 2025 Home Buyer Resolutions. Despite high hopes for lower interest rates, 2024 continued to be a [...]

2025 Personal Finance Resolutions

By | December 11th, 2024|

What are your 2025 Personal Finance Resolutions? Every year, Ilyce and Sam offer their readers New Year’s resolutions for home buyers, home sellers and their personal finances. These are their 2025 Personal Finance Resolutions. Here's a look at their 2025 Housing Trends. Last year, we asked our readers whether we were in a Silent Depression [...]

2025 Housing Trends

By | December 10th, 2024|

Every year, Ilyce and Sam offer their Home Buyer, Home Seller, and Personal Finance Resolutions for the new year. This year, they’re adding 2025 Housing Trends. What will 2025 bring for housing trends? As we move into the beginning of the second quarter of the 21st century, it’s interesting to see how real estate (and [...]

Unpaid Home Loans: Sibling Wants Her Fair Share

By | December 10th, 2024|

Unpaid Home Loans Reader wants her fair share after siblings failed to repay home loans to mother's estate Q: My mother told me directly that the home loans my sisters and brother received from her would be taken out of their inheritance. My mother passed away 10 years ago. I just found out that my [...]

Estate Planning: Holding Title as Tenants in Common Causes Problems

By | December 9th, 2024|

Estate Planning: Holding Title as Tenants in Common Causes Problems Q: My husband died a couple of months ago. He had a living trust. I did not realize that our condo was titled as tenants in common rather than joint tenants. When he died, I asked a friend for the name of a lawyer to [...]

Selling Investment Property With a Delaware Statutory Trusts (DST)

By | December 9th, 2024|

Selling Investment Property With a Delaware Statutory Trusts (DST) Reader wants to know whether a 1031 exchange or Delaware Statutory Trust is preferred when selling investment property Q: I read your recent response to a person who inquired about selling rental properties they own. While your response was factual you made no mention of the [...]

Retiree Co-Signing Mortgage: Reader Offers Suggestions

By | December 6th, 2024|

Retiree Co-Signing Mortgage Reader offers suggestions to retiree that won't put him on the hook for his daughter's debt Q: I am a faithful reader of your Real Estate Matters column every Sunday. I am moved to comment on your advice to the retiree who was trying to be a co-signer on his daughter's mortgage. [...]

Buying a Condo Building: Living with Friends

By | December 6th, 2024|

Buying a Condo Building A reader wants to know how they could buy a condo building big enough to live with friends and family Q: I would love to buy one entire condo building, but not a multi-building complex. Then, I could have all my friends and family live “together” with me. How would I [...]

Is this Homeowners Association (HOA) Good or Bad?

By | November 26th, 2024|

Is this Homeowners Association (HOA) Good or Bad? Q: I am writing to you in response to the article that I read "Homeowner Association (HOA) Resident Offers Potential Solutions to Board Member Shortage." I have to agree with the article. Being on the board is dangerous these days. However, I have to admit that I [...]

Is This Homeowner Association (HOA) Compliant with State Law

By | November 26th, 2024|

Is This Homeowner Association (HOA) Compliant with State Law Q: We live in a high-rise downtown Chicago. Although the building is well maintained, there are issues with transparency and perceived conflicts with state law and our homeowners association (HOA) condo declaration and bylaws. We are wondering if our interpretation is incorrect. Every time we ask, [...]

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