October 2018

There are rules on what a seller and their agent need to disclose to prospective buyers about their home for sale.  In Northern IL, we use a comprehensive disclosure form that the seller needs to fill out.  There are separate Lead Based Paint forms for homes built prior to 1978 and a Radon Disclosure Form that everyone has to fill out.

There is nothing on the Seller Disclosure Form, called Illinois REALTORS® RESIDENTIAL REAL PROPERTY DISCLOSURE REPORT, that asks the seller if they are aware that their house is haunted.  In the 35 years I've been selling homes in Orland Park, Homer Glen and surrounding areas, I've never come across a supposed haunted house.  At least no one has disclosed it and I've never heard back from buyers telling me that a

Don’t wait until you’re ready to move to start preparing financially to buy a home. If you’re like the vast majority of home buyers, you will choose to finance your purchase with a mortgage loan. By preparing in advance, you can avoid the common delays and roadblocks many buyers face when applying for a mortgage.

The requirements to secure a mortgage may seem overwhelming, especially if you’re a first-time buyer. But we’ve outlined three simple steps to get you started on your path to homeownership. Even if you’re a current homeowner, it’s a good idea to prepare in advance so you don’t encounter any surprises along the way.

Lending requirements have become more rigorous in recent years, and changes to your credit history, debt levels, job type,