Buying a home or other real estate can be one of the most exciting (and stressful) times in a person’s life. There are myriad details that need to be paid close attention to in purchasing any piece of real estate, all of which will come together at the closing if the transaction is handled properly.…
chicago real estate lawyer
Real Estate Closings: What You Need To Know About Closing Costs
Last week, this blog discussed a series of frequently asked questions regarding the process of real estate closing. However, in the weeks or months leading up to the closing, there are a number of tasks that must be completed to ensure the closing goes smoothly. Indeed, once a buyer chooses a property he or she wishes to…
Chicago Real Estate Closings: What Basic Documents Purchasers/Borrowers Need To Understand?
Over the last couple weeks, this blog has discussed a few of the aspects of the real estate closing process that both purchasers and sellers of property alike should be familiar with. Perhaps the most important part of the closing process for the purchaser is the review and execution of the various documents associated with the loan…
Cook County Property Taxes And Real Estate Transactions
They say that only two things in life are certain, death and taxes. Here in Cook County, Illinois, the County Treasurer oversees the second-largest property tax collection and distribution system in the United States. According to the Treasurer’s Office, it collects more than $11 billion each year in taxes from owners of over 1.7 million…