Elizabeth’s Law Blog

After all the legwork and due diligence, you’ve finally found your dream home – and you are ready to buy it. Congratulations! On closing day, you will be paying for the property, your lender (if you are working with one) will fund the home, and the seller will...

You’re moving to another city and want to sell your home as soon as possible. It’s common for homeowners to use realtors or house-buying companies to sell their homes. But some individuals think it’s better to sell without the aid of another person or business, also...

When buying or selling a house in Illinois, you are required to complete a residential purchase agreement before you can complete. Its purpose is to make sure all of the important factors in the transaction, such as purchase price and means of financing, are recorded....

Selling real property means accepting a degree of uncertainty in your future. You may not know how much the final price will be or when you will eventually need to leave the home. Reviewing buyer offers can be an exciting -- and frustrating -- process.  The final sale...

Are you looking for a new home? Maybe this is your first-time house hunting and you don’t know how to get your foot through the door. Whatever the case, you likely have a real estate agent or are looking to get one soon. Real estate agents can be great at finding the...

Here is a common scenario: You find a home that you love. It has a huge fenced-in yard and the latest fixtures or appliances. As a bonus, it costs less than your budget allows. Do you commit to the purchase immediately or think about it for a while? Most people are so...

Over the last two years, homes have been selling very quickly and home prices have been higher than ever. For example, between June 2020 and June 2022, the median price rose by 31%. On a national scale, this means that homes now cost around $450,000. That’s nearly 17%...

Simply put, a quit claim deed is a document used to transfer ownership of property. It is a fast and easy method of handing over property or real estate but is only appropriate in certain circumstances. Think of a situation where you are married and need to include...

If you watch real estate shows on television, you may get the wrong idea about when you actually own a home. On the shows, the couple will make an offer, it will get accepted, and everyone will get very excited as if they are now homeowners. But they're not. You...

Home purchases aren’t just an investment with your money but an investment into the future of you and your family. It could mean the difference between dealing with a landlord for your entire life or managing an estate that’s meant to last for generations. When it...