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When a loved one passes and leaves you a gift, it is a sign of love, and an indication to improve your life. Inheriting real estate can have a significant impact on your financial life. If used wisely, the money can be turned into a huge advantage. Inheriting real estate can be a headache too. […]

It can be a stressful experience to move out of the state. The move might be initiated because of a job or changing lifestyle. You might want to experience a new lifestyle in a new location. It is all fine until you realize you have to deal with a property. You are the owner of […]

How do you sell a home after you detect it has water damage? Should you sell the house as-is? There are only two options. You can fix the problem or try to sell the home after disclosing the issue. First consider, dealing with the problem yourself. Get an estimate of the work required and then […]

It is challenging to sell a house that has structural issues. The foundation is what keeps your home together. Any problems with the foundation can create significant safety issues. Potential customers are aware of this fact, and they know that fixing foundation repair can cost them thousands of dollars. As a homeowner, you can choose […]

Welcome back to the spring season. The flowers are blooming; the climate is pleasant. It is time again to enter the home buying season. 2017 was a good year for Illinois real estate market. The annual growth rate for property prices was 5.2%. Last year, experts were talking about gains in the range of 3%-6.9%. […]

You can certainly sell a house without hiring a realtor. This option lets you save money on commissions. However, you must be prepared to handle negotiation, repairs, staging, and open house events. If you are ready to do that, you can sell your house by owner and often at a reasonable price. Similarly, it is possible […]

First, discuss the situation with your insurance company. How much amount will they pay for repairs and construction work? You need an accurate estimate to decide whether you should restore the house or if it is a better option to sell the damaged property. Depending on the extent of the damage, repairing fire damage can […]

Most people believe that ‘homeowners insurance’ is the most important type of real estate insurance plan which is not true. The homeowners’ policy protects your house in case of theft and damage. You consider it important because of how much money is at risk. The title insurance also protects the same asset and the same […]

Thanks to the Federal Housing Authority, it is possible to purchase a property with a down payment of as little as 3.5%. The median value of a house in DuPage County is $281,700. That means you must save $14k-$19k to cover the 3.5% down payment and closing costs. Saving $19k may seem like a big […]