When you first move into your new house, you understand that there might be some changes to make before you feel like you can call the new place home. For example, you might be anxious to rip out the carpeting and replace it with sleek laminate flooring. Or you might be worried about the size of the shade tree outside and want to have it cut down before a branch falls and damages your roof. However, some new home buyers in Illinois and elsewhere may find themselves dealing with something that significantly lowers their property value and even affects their health.
When you decide to sell your Illinois home, you may face some confusing issues you never thought about before. While Illinois does not require that you hire an attorney to represent you during the sale process, doing so can save you a lot of headaches. If you simply list your home with one or more real estate companies, these people are not attorneys and cannot give you the legal advice you may well need.
As an Illinois homeowner, you not only love your home, but it likely represents one of your biggest investments. Consequently, if you are thinking about bankruptcy as your only way out of overwhelming debt, you nevertheless want to save your home if at all possible. As Mortgage Reports explains, the Home Affordable Refinance Program may be the way you can do this.