For Sellers, What Happens at a Real Estate Closing?

Selling a home can be a bittersweet – and that makes finishing up the closing, the final step in the sales process, even more so! Of course, it’s all going to be different, for different sellers. In many cases, finally winding down contract negotiations and heading for that closing table is cause for celebration, since it means that you’re finally (home-)free. Once you’ve closed, you’ll have officially sold your house, freeing you up to move on //READ MORE

2019-03-08T13:25:27+00:00 March 19th, 2019|Community|

What Is an Automatic Stay During Bankruptcy?

Have you ever been flying down the road, only to slow to a halt at the sight of a bright red stop sign? In a lot of ways, you can think of an “automatic stay” in bankruptcy as a helpful “stop sign,” telling creditors to hit the brakes at the start of the bankruptcy process. For many people, this “stay” is considered to be one of the major advantages of filing for bankruptcy. As governed by //READ MORE

2019-03-04T15:43:23+00:00 March 14th, 2019|Community|

Revolving Vs. Non-Revolving Debts: What’s the Difference?

Every person, business, and household is different. Circumstances will always vary from individual to individual, and, as a result, it’s important to realize that when you hear discussions about “debt” or “credit,” the definitions you hear aren’t necessarily going to be one size fits all. Instead, there are many different types of credit out there, and by extension, different types of debt. The distinctions between these different types of debt can be incredibly important, depending on //READ MORE

2019-03-04T15:30:47+00:00 March 12th, 2019|Community|

For Buyers: What Happens at a Real Estate Closing?

What are some of the biggest days in a person’s life? We can think of a few popular answers: The day you get married The birth of a child The big game in high school where you pulled out the game-winning touchdown The day the Cubs broke the curse and won the World Series Another big moment? What about that day when you sign on the dotted line and take the keys to your very first //READ MORE

2019-02-22T14:16:22+00:00 March 7th, 2019|Community|

Three Key Things to Watch for Chicago’s Spring Real Estate Market

At the time that we’re writing this post, there’s a sheen of icy mush on the sidewalks, and a fresh round of snow is just starting to fall. And yet, nevertheless, it’s time to talk about the spring real estate market in Illinois. Spring is generally considered to be the peak of the real estate market here in Chicago, and around the country. Historically, existing home sales tend to increase by an average of 33% between //READ MORE

2019-02-22T14:07:38+00:00 March 5th, 2019|Community|