Archives for Real Estate and Bankruptcy

Water Bills in Chicagoland – Are you getting soaked?

Water Bills Soaking You? We Can Help! Over the years of talking to homeowners from all over the area, it was amazing to see the difference in prices people pay for water!  Some people’s bills are $20-30 per month and others are close to $100/month.
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HAMP is in the Hamper, Now What?

The clumsy program, the Home Affordable Modification Program, created in 2009 by the Obama administration, known as HAMP, is now over, as is that administration.  Back in 2009, the government, in a nod to help ease the struggling homeowners, created this program to try to
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What is an “In Rem” Judgment of Foreclosure?

In the last few years, as the volume of foreclosures has slowed in Illinois, the foreclosure courts have been processing the cases faster.  Foreclosure cases that used to take one to two years have been speeding through the court at a more regular speed of
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House Sold Short in 2014? You may get a tax break!

In 2013, the U.S. Congress extended the tax break for people who sold their houses at short sales, or gave up their houses, and were forgiven the balance of the loan.  But, so far, in 2014, they let that tax relief expire.  See my blog
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