You may find that selling a home for the first time can be emotionally draining and time-consuming. The emotional and financial issues coupled with the inexperience of selling real estate can lead you to make mistakes. Some slip-ups can drive prospective buyers away or cause you to sell your house at a low price.
When you rent a vacation or residential home to tenants, there are a great deal of things to worry about, not the least of which is potential damage the tenants may inflict upon your property. Ordinary wear and tear is to be expected in Illinois rentals, but accidental or intentional damage beyond the norm can be costly and have a huge impact on your investment.
At the Law Office of Paul R. Idlas in Illinois, we help people like you file bankruptcy so as to get out from under overwhelming debt. But once your bankruptcy period ends, you may think the first thing you should do is reestablish your credit.