Real Estate

The Abuse of Landlord’s Rights Needs to Stop

The Governor of Illinois has, without input from the State Legislature, enacted a moratorium on the filing and completion of residential eviction cases since the pandemic began in the spring.  He recently announced another extension of the moratorium, this time through November 14, 2020.  The moratorium is not rationally related to stopping the spread of …

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Wire Transfer Fraud Is On The Rise

Wire fraud schemes targeting home buyers and sellers, attorneys, and settlement agents continue to increase in frequency and scope.  The fraudsters are attempting to divert sellers’ proceeds and buyers’ incoming funds by intercepting e-mails containing wire instructions, changing the content of the email and the wire instructions in the e-mail attachments, and redirecting funds. Often …

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What is Title Insurance?

Title insurance protects both the seller and buyer of real estate by insuring against financial loss arising from defects in the title.  It is meant to protect financial interests in real property against loss due to title defects, liens, survey defects or other matters.  A covered party will be defended against any lawsuits attacking the title …

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Tax Deferred Exchanges of Real Estate are Still Viable

Serving Waukegan, Libertyville, Lake County, Gurnee & nearby areas of Illinois Posted: February 19, 2018 Congress enacted sweeping changes to the tax code at the end of 2017.  Many of the revisions were designed to eliminate tax loopholes and reduce percevied unfairness in favor of wealthy individuals or companies.  One change which has not been …

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Why hire a real estate attorney?

The purchase and/or sale of real estate will most likely be the largest, most important financial transaction of your life. In order to ensure the smooth and proper handling of such a transaction, both the seller and purchaser should hire a Lake County real estate attorney . A real estate attorney cares only about representing your interests. …

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Dealing With Bad Tenants

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