As someone who is currently in the process of placing your Illinois home on the market, you may be learning as you go and discovering something new at every turn. If you are like many home sellers who are navigating their way through today’s housing market, you may also have questions about what, exactly, the law requires that you disclose to potential buyers.
Like a vast number of Americans, you might have student loan debt that is crushing you. However, you may have heard that your student loans can’t be discharged through bankruptcy. Is this true, and if so, what can you and other Illinois residents do to relieve this financial burden?
As you may know, homeowners’ associations, or HOAs, exist to preserve the image and property value of the homes under the association’s jurisdiction. However, many Illinois homeowners resent their HOAs, saying the organizations exert excessive control, unreasonable demands and outrageous fines and penalties against homeowners.