People who are trying to purchase a home will often try to get their offer on the home to stand out by writing a letter to sellers, especially when the market is competitive. While this might sound like a good idea, it’s one that should be avoided. There are far too...
Putting Your Needs First Every Day
Elizabeth’s Law Blog
Is it too early in the year to sell my house?
Selling a house isn’t rocket science, yet some people seem to have the magic touch when putting up that “For Sale” sign. There’s no one true formula that can set you apart. When looking to sell, there is a good time to sell, and there is the best time to sell. You’re...
Why is a home inspection important?
Making an offer on a home is a huge step for a first-time homebuyer. In almost all cases, you should have a contingency clause in the offer that notes you have the right to revoke the offer if the home inspection unearths any points that should have been disclosed but...
Are you facing foreclosure?
When you buy a house, the bank owns it until the day that you make your very last payment. Should you have difficulty paying the mortgage the bank can reclaim the house through foreclosure. No one buys a house thinking that it will be surrendered in foreclosure...
The differences between a mortgage note and promissory note
There are so many documents to sign and review when you buy a house that you may feel overwhelmed. The average home buyer doesn't even look over all of the documents, let alone have a professional review them to check for issues. The end result may be that you sign...
Contingencies on your offer can protect you from a money pit
The real estate market in Illinois has its fair share of fixer-uppers and beautiful older homes. A well-maintained older property can be a wonderful home, but the vintage appeal of some houses hides significant property issues. Some people buy what they imagine will...
Settling a boundary dispute to enjoy your new home
Settling into a new home can be an exciting chapter in your life. You may have fallen in love with the property at first sight and rushed to finalize the deal. Many homeowners make this acquisition without getting a chance to meet the neighbors beforehand. While many...
If you buy a home with an easement, do you have to honor it?
An easement is an agreement that allows someone else to use a piece of real estate in a specific way. For instance, a property owner who does not have access to the nearest road may have an easement with their neighbor allowing them to cross their property or use...
2 mistakes to avoid when closing a home purchase
A home purchase is a huge investment. You are investing in a sanctuary. A place where you will probably raise your family and make precious memories. As such, home purchase requires thoughtful consideration to be certain that you get everything right the first time. ...
What must a home seller tell a prospective buyer in Illinois?
What a feeling of elation people get when, after weeks or months of futilely hunting for the ideal home, they find what they want! It’s like starting a fresh chapter of your or your family’s life in brand new surroundings. Nevertheless, there are some preliminary...