Have real estate questions? Here, you’ll find helpful articles and other resources that cover issues related to real estate, buying, selling, financing, refinancing, credit and debt, insurance, second homes, vacation homes, real estate investment, new construction, and renovation.
Property Taxes May Be Lowered With Exemptions
Learn about property taxes in the Chicago area. Property owners who don’t claim their homeowner exemptions may find that property taxes rise considerably in the years to come. Property tax exemptions include those for seniors who own homes.
Building A New Home? You May Need A Home Building Coach
Building a home? If you want to build a new home, you may want to consider working with a home-building coach.
Real Estate Attorney Best For Help With Real Estate Fraud
What should you do if you believe you are a victim of real estate fraud. Ilyce and Sam advice her to consult with a real estate attorney who can untangle the mess caused by the real estate fraud. Besides getting a good real estate attorney, Ilyce and Sam suggest filing a complaint with the real estate company who perpetrated the real estate fraud.
Condo Closing Incurs Extra Fees
Who pays closing costs? A couple asks for real estate advice after incurring costs in a closing that they believe they should not have had to pay. The closing attorney charged an extra fee and the closing was delayed by four months. Who is responsible for these additional costs?
Home Moving Tips: Things To Do Before You Move
Moving involved more than closing on a house or signing a lease. In addition to getting your home packed up, you've got utility accounts to close and open, change of address cards to fill out and dozens of other items on your "to do" list. Here are ten tips you can do that will help make your move go a little bit easier. You can even use it a checklist.
Real Estate Agent, Attorney Can Help Buy Property
While you can look at real estate without a real estate agent, it's usually helpful to have one. You can work with either a buyer's agent or a seller's agent. And when you're ready to finalize your real estate purchase you should hire a real estate attorney as well. Learn about the benefits of hiring real estate professionals.
Real Estate Scam: Condo Owner Scammed By Real Estate Company
The owner of a condominium believes she was scammed by a real estate company who bought her condo to get her out of foreclosure. In the scam, the condo owner never got most of the money she was supposed to get from the real estate company for the condo purchase. Ilyce recommends the condo owner get in touch with an attorney immediately to help her retrieve her money from the real estate company that scammed her.
Real Estate Attorney Will Make Sure Agent’s Deal Is Legitimate
A real estate deal an agent presented to a seller looked unusual, but a good real estate attorney would make sure the deal is legitimate. Ilyce advises a reader who is selling their farm and was approached by his real estate agent with an unusual deal. A real estate attorney will examine the deal and make sure the real estate agent's offer is legitimate.
Rollover Capital Gains Question
A 1031 exchange, or a Starker Trust, may apply in certain situations with investment properties. In this situation, a reader has two homes and vacant land that they want to transfer to a builder in exchange for doing work on on one of their homes. Unfortunately, a 1031 exchange will probably not work in this circumstance because they already own the property. However, they should talk to a tax professional for more options.