When Illinois residents sell their homes, they may envision receiving more money than they paid for the house. In some situations, though, this may not be possible, and some homeowners may find that a short sale is their best option.
Dealing with the burden of debt is overwhelming, and you may not know what to do to get out. Many options are available to you, each with its pros and cons. Which solution is right for you depends on your circumstances.
Illinois is a fantastic place to live, and every day people discover the beauty that the state has to offer. This is a benefit for anyone looking to sell or rent out a property in the state. While the process may seem daunting, FindLaw lists real estate laws in Illinois that are designed to handle things such as homestead protection, landlord-tenant relations and the rental market. These things become important once the home is sold and the transfer is in process, but homeowners can proactively prepare their homes for sale in three specific ways.