Consumer Protection: Avoiding Winter Scams

The weather may be getting colder — but consumer protection experts warn that scam season is heating up, here in Chicagoland and around the country.  Every year, unsuspecting homeowners and investors fall victim to a wide variety of wintertime scams. As the AARP explains, some of the most common forms of winter fraud involve scammers offering to provide a service — such as chimney sweeping, furnace and ductwork cleaning, or snow removal — only to suddenly //READ MORE

2019-11-19T13:12:21-06:00 November 26th, 2019|Community|

Three FAQs About Title Insurance

When it comes to buying or selling a home here in Chicago or around the country, title is one of the most important concepts to understand – and also one of the most frequently overlooked.  In real estate, title refers to who has the legal ownership of, and the right to use, a certain property. During a real estate transaction, a title agent will perform a thorough title search on the property, looking for liens, encroachments, //READ MORE

2019-11-25T09:30:48-06:00 November 21st, 2019|Community|

What Is a Reverse Mortgage?

Growing older can be an expensive proposition, complete with rising healthcare costs, home improvement projects, keeping up with living expenses, and paying down debts. For older homeowners, it may be tempting to find a way to use built-up home equity as a source of cash.  Home equity is an enormous source of wealth for older Americans. In fact, adults 62 and older held $6.5 trillion in home equity in the third quarter of 2017, according to //READ MORE

2019-11-11T15:21:15-06:00 November 19th, 2019|Community|

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|