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The Arrival of the New (7.0) Multi-Board Residential Real Estate Contract

A new base, real estate contract began circulation at the start of 2019. It took over 100 hours of review and debate to ultimately get to an end product that changed one of the most widely used contracts in Illinois. If you will be involved in a real estate transaction this year, you will most […]

What is Title Insurance and When is it Useful?

If you have purchased or sold real estate, you have likely heard about title insurance. In Illinois, the seller of real estate is customarily responsible for purchasing and delivering a title insurance policy to the buyer. This specific form of insurance involves a policy specially designated for the benefit of the future owner, and sometimes […]

2019 Resolutions

We have now concluded the third week of the new year. You have probably made a list of resolutions focusing on various ways to improve your outlook in 2019. As the holiday season fades away and we get back to our normal routines, have you considered ways you may improve your life this year that […]

What to Know Before Buying Real Estate “As Is”

The law permits the transfer of property, including real estate in the condition in which it exists (often referred to “as is”).  All buyers should be aware of what this term means, and its implications.  Under the most commonly used Real Estate Purchase Contracts1 note the following: Date of Acceptance-The condition of the property is […]

Expenses to Consider When Upgrading Your Home

For many, homeownership often includes the desire to eventually purchase a larger dream home. Whether you are thinking about upgrading to gain more room for yourself or a growing family, it is important to consider all increases, not just square feet. Taxes and insurance – Property taxes are based upon the value of the home […]

How the Tax Reform Affects Realtors

On December 20th, 2017 one of the largest tax reforms bill in recent decades was passed, which went into effect on December 31, 2017. The implications of this Act will affect realtors, homeowners, future homebuyers and the real estate market. As a Realtor Pass-Through Businesses. Many realty businesses are self-operating and may be classified as […]

Tips to Sell Your Home during Winter

Winter is commonly known as the real estate off-season. However, sometimes homeowners must put their house on the market during colder months. If you have committed to selling your home at this time of the year, consider these tips. Price Rather than gradually decreasing the listing price, set the initial price reflective of the value […]

Do the New 2018 Tax Laws Affect You?

The new year brought new laws. One of the most highly publicized, and impactful new laws brought significant changes to the U.S. tax code. If you are an individual seeking divorce, a homeowner or potential home buyer, or a business owner you may be affected by this new law. CORPORATE The largest revision of the […]

New Year, New Goals

The new year brings a renewed focus on opportunities and goals. Changing your real estate, preparing your estate plan, or beginning your dream business may be a few resolutions to add to your list. Our experienced team of professionals can help make your list a reality in 2018.   Real Estate Downsize. Whether you are […]

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