Category: sellers

How to stay in my home after foreclosure in Chicago

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A recent study estimates that 47% of foreclosed properties are still occupied. When you first see that stat you may be surprised… but we’re not. What most people don’t realize is that banks aren’t in the business to own homes. They are in the business to loan people money. But when they have to foreclose … Continued

What happens when you inherit a house in Illinois?

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Inheriting a house is one of the few big surprises that life brings us sometimes. But what happens when you inherit a house in Illinois? As much as you may want to keep an inherited house, sometimes you may be forced to consider putting it up for sale. Well, selling an inherited house can be … Continued

Understanding the Foreclosure Process in Illinois

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Understanding the foreclosure process in Illinois is an important part of navigating your own home foreclosure. Before we dive in… What is foreclosure anyway? Foreclosure is the legal process that lenders use to take back property securing a loan, generally after the borrower stops making payments. Foreclosure is no fun.  But just know that it’s not … Continued

How Chicago Landlords Are Dealing With Tenants Who Don’t Pay Rent

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Do you have tenants who just aren’t paying rent? It’s one of the most frustrating aspects of being a landlord. In this article, we’ll talk about how Chicago landlords are dealing with tenants who don’t pay rent… If you have tenants who aren’t paying rent then you’re facing the same dilemma that many landlords go … Continued

“Help! My Last Tenant Trashed My Chicago House”

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If you own a rental property but had a tenant trash it when they leave then make sure you read this article because we’re addressing the all-too-common problem that landlords have when they say, “Help! My last tenant trashed my Chicago house!” Do you own a rental property? Did you have a tenant leave it … Continued

Can I sell my Chicago house in foreclosure?

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Do you have a Chicago Illinois house that’s in foreclosure right now? Many people going through the Illinois foreclosure process want to get out from under that burdensome house and wonder if they can sell the house in foreclosure. The short answer: yes. The long answer: it’s a little more complicated, but usually you can … Continued