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Legal

Found 5 blog entries about Legal .

In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast majority of sellers.

Here are the top five reasons:

1. Exposure to Prospective Buyers

Recent studies have shown that 95% of buyers search online for a home. That is in comparison to only 17% looking at print newspaper ads. Most real estate agents have an internet strategy to promote the sale of your home. Do you?

2. Results Come from the Internet

Where did buyers find the home they actually purchased?

  • 49% on the internet
  • 31% from a Real Estate Agent
  • 7% from a yard
232 Views, 1 Comment

tips insurance

Why wait until after a disaster to discover your homeowners insurance doesn’t really have you covered? Here are eight things to do so you can have peace of mind — and full protection — right now:

1. Understand the claims process. Two policies can promise the same amount of coverage, but they can be vastly different when it comes to making you whole after a loss. Have the agent explain exactly how claims are handled, especially when it comes to writing you a check. Do you receive your entire claim upfront, or just a fraction? Does the company pay you for all the things you’ve lost, or only those things that you replace?

Some policies will give you the cash value of your possessions right after a loss and wait to cover the replacement value until

352 Views, 2 Comments

YES or NO?

All or most of us, after showing the property to our clients will receive a call or an email, typically an automated email from ShowAssist that will ask a few questions like:

How did your client like the property? How is it priced, etc.... 

We all think or maybe thinking that it is nice to give the sellers agent feedback, we feel like it should be done but stop for a moment here and think about your fiduciary duties to your clients. From what I remember one of them is CONFIDENTIALITY. So, say for example, you did leave a feedback after you showed the property to your client, and they didn`t like it. It was just not that house, too small, overpriced, on a busy street, etc... You would think nothing wrong with that, hell at least the

562 Views, 0 Comments

Toxic mold infestation has been an area of concern for property owners and tenants for a number of years. While mold can pose a significant threat to the health of individuals who are exposed to its harmful spores, and property damage can be considerable, many individuals feel forced to remain living in their infested homes, simply because they don’t know where to turn, who can be held liable, or how to get out of a legal lease or purchase contract.

There are a number of factors that should be considered when an infestation of mold is discovered in an Illinois home in order to determine what legal options may be available. A good place to start is to evaluate the status of property ownership.

Legal Options for Property Owners

Property owners may

1,000 Views, 0 Comments

AVOID MAKING THESE COMMON MISTAKES

WHEN BUYING REAL ESTATE

 

Buying real estate, whether it be a new home, vacant land or commercial property, is often the biggest purchase most of us will ever make. Real estate buyers should beware of these common mistakes in order to ensure that the process resolves smoothly and in their favor.

  Many buyers mistakenly begin browsing through online listings, determining how many bathrooms they want and figuring out how much square footage they will need before   they check their credit report and score.  When the decision to buy property is made, purchasers should get a copy of their credit report and go over it in depth in order to ensure that there are no inaccuracies. This should be done a few months

560 Views, 0 Comments

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