A Quick Guide to Bankruptcy Exemptions in Illinois

For many individuals struggling with debt, one of the biggest concerns about bankruptcy is all about losing the assets that they’ve worked so hard to acquire. There are a lot of myths and misconceptions out there about bankruptcy – and one of the oldest, biggest, and most damaging is that filing for bankruptcy will always mean having to give up all of your personal belongings and assets.  In reality? Many people who file for bankruptcy are //READ MORE

2019-07-29T16:26:23+00:00 August 8th, 2019|Community|

Want to Become a Chicago Landlord? Keep These 5 Things In Mind

Have you ever found yourself wandering down a Chicago street when you notice a large red “For Rent” sign and think: “Hey, I could do that”? Chicago is one of the nation’s most bustling rental markets. And while large, multi-unit apartment complexes are common, much of the area’s rental stock also comes from smaller buildings. According to recent research from the Institute for Housing Studies at DePaul University, for instance, 2-4 unit buildings comprise about 27 //READ MORE

2019-07-19T15:43:56+00:00 August 1st, 2019|Community|

Property Development In Chicagoland

We’re in the middle of something of a property development boom in Chicago – and it’s inspiring more and more people to start pursuing their biggest real estate investment and development goals.  As the Chicago Tribune recently noted, our area is “almost a decade into a real estate development boom,” with 2019 poised to be the “year of the megadevelopment.” There are several enormous (and enormously talked about) development projects moving forward at the time of //READ MORE

2019-07-12T15:26:12+00:00 July 25th, 2019|Community|

What is a Deed In Lieu of Foreclosure?

As a homeowner struggling with mortgage payments and facing the looming prospect of foreclosure, you likely have a lot of pressing questions as you try to consider all of your options. What can you do to help avoid the foreclosure process? Is it going to be possible to keep your home? Are there any courses of action that can allow you to quickly gain some relief from your mortgage obligation?  To that last point? Many borrowers //READ MORE

2019-07-12T16:39:59+00:00 July 23rd, 2019|Community|

What Does a Title Company Do?

Title is one of the most important things to understand about real estate in Chicagoland and around the country – and it’s also one of the most commonly misunderstood concepts, as well.  To put it briefly, title is the broad term used to describe who has the legal ownership of, and thus the right to sell, a certain piece of property. Before, during, and even after the sale of a home, there are certain types of //READ MORE

2019-07-08T14:20:08+00:00 July 18th, 2019|Community|