Tuesday, January 31, 2012

Chicago home prices slide again in November, to 2001 levels

Chicago Tribune
By Mary Ellen Podmolik
Tribune staff reporter

January 31, 2012
Home prices in the Chicago area fell in November for the third consecutive month, putting them back at May 2001 levels, according to a widely watched index released Tuesday.

The S&P/Case-Shiller home price index found that in November, housing prices in the Chicago area fell 3.4 percent from October and were down 5.9 percent from a year ago. Other than Atlanta, Seattle and Las Vegas, Chicago had the greatest year-over year price decline.

My take: Many people are stuck in their homes right now because of the values.  If someone does have to sell their home though, they do have options.  Short sales are more and more common now and it can be a great deal for a homeowner.  My office DOES NOT CHARGE for representing homeowners trying to do a short sale.  If you are interested in doing a short sale, please call Attorney Bradford Miller at 312-238-9298 for a free phone consultation.

Posted by Bradford Miller Law, P.C.
Real Estate Law, Landlord Tenant Law, Estate Planning

134 N. LaSalle, Suite 2250
Chicago, IL 60602
312-238-9298
http://www.bradfordmillerlaw.com/

Offering free legal representation to homeowners seeking a short sale

Key words: Chicago short sale attorney, Chicago landlord tenant law attorney, Chicago estate planning attorney, Chicago real estate attorney, Chicago real estate lawyer, Chicago building code violations, short sale attorney Chicago. This is intended to be advertising. Please consult with an attorney before acting on any information given here.

Monday, January 23, 2012

Low mortgage rates likely to continue through 2012, experts say

Low mortgage rates likely to continue through 2012, experts say.

See http://www.latimes.com/business/la-fi-mortgage-rates-20120103,0,2240865.story

Its a great time to be a buyer. Whether you are a first time homebuyer, repeat homebuyer, or seasoned investor, Bradford Miller Law, P.C. can help you. We represent buyers every day protecting their interests in Contracts. Feel free to give us a call for a free consultation.

Posted by Bradford Miller Law, P.C.
Real Estate Law, Landlord Tenant Law, Estate Planning
134 N. LaSalle, Suite 2250
Chicago, IL 60602
312-238-9298
http://www.bradfordmillerlaw.com

Offering free legal representation to homeowners seeking a short sale

Key words: Chicago short sale attorney, Chicago landlord tenant law attorney, Chicago estate planning attorney, Chicago real estate attorney, Chicago real estate lawyer, Chicago building code violations, short sale attorney Chicago. This is intended to be advertising. Please consult with an attorney before acting on any information given here.

Monday, January 16, 2012

Department of Buildings requiring a 50 percent deposit on permit applications

The Department of Buildings will start requiring a 50 percent deposit on permit applications on January 3, 2012.

The deposit requirement is designed to recoup a portion of the cost the department incurs for reviewing and approving plans that are never completely permitted and also to discourage design and building professionals for submitting plans for projects that may not yet have financing.

Currently, permit fees are not assessed until the end of the process when the applicant picks up the permits. Hundreds of permits are reviewed and approved each year for which applicants do not pay or complete the process.

“Our plan examiners spend time and effort reviewing all drawings that are submitted,” said Michael Merchant, Commissioner for the Department of Buildings. “Reviewing plans that never complete the permit process forces other projects to wait longer for their permit times. Charging a deposit will allow us to capture part of the fees owed to us without overly burdening submittals at the start of the process and allow other projects to move along quicker.”

Posted by Bradford Miller Law, P.C.
Real Estate Law, Landlord Tenant Law, Estate Planning
134 N. LaSalle, Suite 2250
Chicago, IL 60602
312-238-9298
http://www.bradfordmillerlaw.com

Offering free legal representation to homeowners seeking a short sale

Key words: Chicago short sale attorney, Chicago landlord tenant law attorney, Chicago estate planning attorney, Chicago real estate attorney, Chicago real estate lawyer, Chicago building code violations, short sale attorney Chicago. This is intended to be advertising. Please consult with an attorney before acting on any information given here.

Saturday, January 7, 2012

This is what it is all about

Brad,

I just wanted to say thank you for all of your help with the short sale of my property. You and your staff diligently followed up with my realtor and and the bank to make sure everything was handled appropriately, and once I received an offer, you made the process easy to understand and made sure everything was handled appropriately the first time. I honestly believe your expertise, thoroughness and persistence are why the offer was accepted by the bank in just a little over one month. I am grateful I was referred to you and wish you all the best! I can't thank you enough.

Sincerely,

Lisa Walsh

Posted by Bradford Miller Law, P.C.
Real Estate Law, Landlord Tenant Law, Estate Planning
134 N. LaSalle, Suite 2250
Chicago, IL 60602
312-238-9298
http://www.bradfordmillerlaw.com

Offering free legal representation to homeowners seeking a short sale

Key words: Chicago short sale attorney, Chicago landlord tenant law attorney, Chicago estate planning attorney, Chicago real estate attorney, Chicago real estate lawyer, Chicago building code violations, short sale attorney Chicago. This is intended to be advertising. Please consult with an attorney before acting on any information given here.

Monday, January 2, 2012

The economic impact of a home sale in IL

I recently saw a graphic in the Illinois Realtor magazine. On an average sale, approximately $28,581 is generated and goes into the local economy. Realtors, movers, inspectors, attorneys, etc all realize an economic benefit from a sale of a home. The real estate industry is crucial to our economy. Lets hope things get better in 2012.

Posted by Bradford Miller Law, P.C.
Real Estate Law, Landlord Tenant Law, Estate Planning
134 N. LaSalle, Suite 2250
Chicago, IL 60602
312-238-9298
http://www.bradfordmillerlaw.com

Offering free legal representation to homeowners seeking a short sale

Key words: Chicago short sale attorney, Chicago landlord tenant law attorney, Chicago estate planning attorney, Chicago real estate attorney, Chicago real estate lawyer, Chicago building code violations, short sale attorney Chicago. This is intended to be advertising. Please consult with an attorney before acting on any information given here.