Different Types of Property Easements: An Overview

When you buy a home, you’re purchasing a lot more than just four walls. Here in Chicagoland, purchasing a property is often going to mean inheriting the specific property easements that come with it.  In short, an easement is a designation that says someone else has the legal right to use your property, generally for a specific purpose. In other words? You own the land, but a third party has permission to use part of that //READ MORE

2019-11-04T16:47:29-06:00 November 14th, 2019|Community|

In Real Estate, What Does a Buyer’s Attorney Do?

Buying a home is one of the biggest financial undertakings most of us will ever experience – it’s also one of the most singular and unique.  For one thing, real estate falls into its own unique category as “real” property – broadly meaning land, and the structures affixed to that land. It is distinct from personal property, those tangible and intangible possessions other than land or buildings (like appliances, cars, stocks and bonds, and so on).  //READ MORE

2019-11-04T16:36:13-06:00 November 12th, 2019|Community|

2019 Consumer Bankruptcy Trends to Keep an Eye On

Understanding consumer debt and bankruptcy trends is a key part of understanding the overall health and well-being of the U.S. economy. These important economic indicators can be a bellwether of things to come, both good and bad – while also helping observers gain a clearer perspective on where we’ve been.  So, what consumer bankruptcy trends, statistics, and stories have we been keeping an eye on? As we prepare to wind down 2019 and look ahead to //READ MORE

2019-10-28T15:33:21-05:00 November 7th, 2019|Community|

What Are the Differences Between Short Sales and Foreclosure?

If you’re falling behind on mortgage payments and facing default, you’re probably searching high and low for solutions – and as a result, you’ve probably come across the terms “short sale” and “foreclosure.”  Here in our home base of Illinois and around the country, homeowners often find themselves trying to determine the difference between these two courses of action. Both are options for borrowers who have fallen behind on mortgage payments or have a mortgage that //READ MORE

2019-10-28T15:22:57-05:00 November 5th, 2019|Community|

Investment Property Vs. Second Home

Maybe you’ve always had dreams of owning multiple homes in different cities across the globe – you know, a beachfront property in Malibu, a gleaming penthouse in New York, a cozy cabin in Telluride.  Perhaps your goal has always been to retire as a “snowbird,” and spend the chilly half of the year in California, before coming back to Chicago for a sunny spring. Or, perhaps, you’re the sort of person who’s always aspired to own //READ MORE

2019-10-21T15:50:09-05:00 October 31st, 2019|Community|