May 9, 2022Published by known at May 9, 2022Categories Home Buyers Real Estate Attorney Real Estate Home InspectionDo i need an inspection?DO I NEED AN INSPECTION? In Illinois, inspections are not required, but almost all purchasers have one performed. When you purchase a home in Illinois, you […]
May 9, 2022Published by known at May 9, 2022Categories Home Buyers Real Estate Attorney Real Estate ContractI want my spouse to be on the title even though they are not on the mortgage, is that ok?I WANT MY SPOUSE TO BE ON THE TITLE EVEN THOUGH THEY ARE NOT ON THE MORTGAGE, IS THAT OK? It depends entirely on your lender, […]
May 9, 2022Published by known at May 9, 2022Categories Home Buyers Real Estate Attorney Real Estate ContractWho is going to be on title?WHO IS GOING TO BE ON TITLE? Whoever is listed as the buyer on the contract is who will take title at closing.
May 9, 2022Published by known at May 9, 2022Categories Home Buyers Real Estate Attorney Real Estate ContractMy realtor is acting as a dual agent. What does that mean and is it normal?MY REALTOR IS ACTING AS A DUAL AGENT. WHAT DOES THAT MEAN AND IS IT NORMAL? It means your realtor represents both you and the seller. […]
May 9, 2022Published by known at May 9, 2022Categories Home Buyers Real Estate Attorney Real Estate ContractWho holds the earnest money?WHO HOLDS THE EARNEST MONEY? The realtors if you have them. Otherwise, our office can hold the earnest money in our trust account. There is an […]
May 9, 2022Published by known at May 9, 2022Categories Home Buyers Real Estate Attorney Real Estate ContractThe contract says i owe additional earnest money x days after a/i or aa, what is that?THE CONTRACT SAYS I OWE ADDITIONAL EARNEST MONEY X DAYS AFTER A/I OR AA, WHAT IS THAT? A/I and AA refer to attorney review and inspection […]
May 9, 2022Published by known at May 9, 2022Categories Home Buyers Real Estate Attorney Real Estate ContractThere are items of personal property that my realtor forgot to check on the first page of the contract, what do i do?THERE ARE ITEMS OF PERSONAL PROPERTY THAT MY REALTOR FORGOT TO CHECK ON THE FIRST PAGE OF THE CONTRACT, WHAT DO I DO? Tell our office […]
May 9, 2022Published by known at May 9, 2022Categories Home Buyers Real Estate Attorney Real Estate ContractHow do your fees get paid? HOW DO YOUR FEES GET PAID? Our fees are paid at the closing and are simply added to all other fees you pay at the closing. […]
May 9, 2022Published by known at May 9, 2022Categories Home Buyers Real Estate Attorney Real Estate ContractCan your fees ever increase?CAN YOUR FEES EVER INCREASE? Yes. Sometimes our clients ask us to write a large amount of letters, counter-offers and addendums and as a result we […]