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The Department of Housing and Urban Development (HUD) sets income limits that determine eligibility for assisted housing programs. These are the HUD Income Limits as of April 1, 2018 Income [...]

New Real Estate Act of 2018 involves Installment Sales Contracts related to Real Estate… It provides that a real estate installment contract for residential real estate is subject to the [...]

The sale of a home, whether you’re the buyer or seller, is an incredibly complicated process. When you go through a closing for a home, you’ll immediately notice the extensive amount of paperwork [...]

On January 1, more than 200 new laws took effect in Illinois.  Here is a brief synopsis of these laws related to Real Estate. Real Estate/Property PA 98-1106 (SB 2952) “Last known address” now [...]

The Real Estate purchase agreement is the most important document in the transaction. Although standard printed forms are useful, it is recommended that you have a lawyer with Illinois Real [...]