Thursday, April 30, 2015

Top reasons that people move

Nearly half of all American households plan to move at some point in the future. The top reasons are to move to a safer neighborhood, move closer to family, people looking for a change of climate and to either move closer to work or for a new job.

While the majority of Americans will move within their home state, for those planning to call a new state home, it is important to know that prices in each state are appreciating at different rates.  If your plan for 2015 includes relocating to a new state, it is wise to meet with a local real estate professional in that area who can help you find the best fit for you and your family's needs and advise you as to the best time to buy and/or sell your property. 

Bradford Miller Law, P.C. can assist you with all your real estate needs at a very reasonable rate. Whether you are buying, selling, renting a property or need assistance with a building code violation we can help. Our experienced Real Estate Attorneys have been representing real estate clients for several years and have earned membership in the Better Business Bureau and we have great reviews on Yelp.

At bradfordmillerlaw.com you will find information about our firm along with helpful real estate information. To discuss your pending or potential real estate transaction call us at 312-238-9298 for a FREE 15-minute consultation.

Posted by Bradford Miller Law, P.C.
Practicing in Real Estate Law, Landlord Tenant Law, and Estate Planning
134 N. LaSalle, Suite 1040
Chicago, IL 60602

Offering free legal representation to homeowners seeking a short sale

Key words: Chicago short sale attorney, Chicago landlord tenant law attorney, Chicago Leases, Chicago estate planning attorney, Estate Planning Lawyer, Chicago Real Estate Attorney, Chicago Real Estate Lawyer, Real Estate closings, Chicago building code violations, Short Sale Attorney. This is intended to be advertising.  Please consult with an Attorney before acting on any information given here.

Tuesday, April 28, 2015

Chicagoland's 5 hottest neighborhoods of 2015

Redfin Realty reported that the following five Chicagoland neighborhoods were the hottest neighborhoods for 2015:

Andersonville
Garfield Ridge
Brighton Park
Lakeshore Historic District (Evanston)
Ishnala (Palos Heights)

Redfin says its report was calculated by measuring which areas had the highest increase in total page views, favorites and Hot Homes on its website and apps over the course of 2014. They say that those neighborhoods that experienced the most growth in these metrics are projected to show increased transactions and prices in 2015.

Bradford Miller Law, P.C. can assist you with all your real estate needs at a very reasonable rate. Whether you are buying, selling, renting a property or need assistance with a building code violation we can help. Our experienced Real Estate Attorneys have been representing real estate clients for several years and have earned membership in the Better Business Bureau and we have great reviews on Yelp.

At bradfordmillerlaw.com you will find information about our firm along with helpful real estate information. To discuss your pending or potential real estate transaction call us at 312-238-9298 for a FREE 15-minute consultation.

Posted by Bradford Miller Law, P.C.
Practicing in Real Estate Law, Landlord Tenant Law, and Estate Planning
134 N. LaSalle, Suite 1040
Chicago, IL 60602

Offering free legal representation to homeowners seeking a short sale

Key words: Chicago short sale attorney, Chicago landlord tenant law attorney, Chicago Leases, Chicago estate planning attorney, Estate Planning Lawyer, Chicago Real Estate Attorney, Chicago Real Estate Lawyer, Real Estate closings, Chicago building code violations, Short Sale Attorney. This is intended to be advertising.  Please consult with an Attorney before acting on any information given here.

Thursday, April 23, 2015

Loan changes aimed at keeping properties from forclosure

Mary Ellen Podmolik of the Chicago Tribune reported the following article on April 14, 2015:

"With Chicago and suburban Cook County still one of the markets hardest hit by the housing crisis, Fannie Mae and Freddie Mac are rolling out another loan modification program to try and keep some of those properties out of foreclosure.

The Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac, estimates that as many as 18,000 borrowers who are at least 90 days or more behind on their mortgage payments may be eligible for the MyCity Modification program.

Mortgage servicers have already been directed to reach out to delinquent borrowers in Cook County for the program if they have a mortgage backed by Fannie Mae or Freddie Mac and the current market value of the property is $250,000 or less. A borrower who defaulted on a previous modification through the federal government's Home Affordable Modification Program still can be considered for the program.

The goal of the modifications is to reduce a borrower's monthly mortgage payment by up to 60 percent by cutting the mortgage's interest rate to as little as 2 percent, extending the length of the loan and deferring part of the unpaid principal balance.

The rollout of the program comes as the number of seriously delinquent loans in the Chicago area continues to fall from its year-ago levels but remains higher than the national average. In February, 5.7 percent of homes with a mortgage in the Chicago area were at least 90 days behind on mortgage payments, according to housing research provider CoreLogic. That compares with 4 percent nationally."

Bradford Miller Law, P.C. can assist you with all your real estate needs at a very reasonable rate. Whether you are buying, selling, renting a property or need assistance with a building code violation we can help. Our experienced Real Estate Attorneys have been representing real estate clients for several years and have earned membership in the Better Business Bureau and we have great reviews on Yelp.

At bradfordmillerlaw.com you will find information about our firm along with helpful real estate information. To discuss your pending or potential real estate transaction call us at 312-238-9298 for a FREE 15-minute consultation.

Posted by Bradford Miller Law, P.C.
Practicing in Real Estate Law, Landlord Tenant Law, and Estate Planning
134 N. LaSalle, Suite 1040
Chicago, IL 60602

Offering free legal representation to homeowners seeking a short sale

Key words: Chicago short sale attorney, Chicago landlord tenant law attorney, Chicago Leases, Chicago estate planning attorney, Estate Planning Lawyer, Chicago Real Estate Attorney, Chicago Real Estate Lawyer, Real Estate closings, Chicago building code violations, Short Sale Attorney. This is intended to be advertising.  Please consult with an Attorney before acting on any information given here.

Tuesday, April 21, 2015

Sellers, it's a good idea to talk to an experienced real estate lawyer

Selling a home may be one of the biggest projects you ever undertake. Selling property involves a lot of legal details, and real estate law is always changing. It's a good idea to talk with an experienced real estate lawyer to be sure you meet all the state's requirements. 

Bradford Miller Law, P.C. can assist you with all your real estate needs at a very reasonable rate. Whether you are buying, selling, renting a property or need assistance with a building code violation we can help. Our experienced Real Estate Attorneys have been representing real estate clients for several years and have earned membership in the Better Business Bureau and we have great reviews on Yelp. 

At bradfordmillerlaw.com you will find information about our firm along with helpful real estate information. To discuss your pending or potential real estate transaction call us at 312-238-9298 for a FREE 15-minute consultation.

Posted by Bradford Miller Law, P.C.
Practicing in Real Estate Law, Landlord Tenant Law, and Estate Planning
134 N. LaSalle, Suite 1040
Chicago, IL 60602

Offering free legal representation to homeowners seeking a short sale

Key words: Chicago short sale attorney, Chicago landlord tenant law attorney, Chicago Leases, Chicago estate planning attorney, Estate Planning Lawyer, Chicago Real Estate Attorney, Chicago Real Estate Lawyer, Real Estate closings, Chicago building code violations, Short Sale Attorney. This is intended to be advertising.  Please consult with an Attorney before acting on any information given here.

Thursday, April 16, 2015

Millennials won't sacrifice details

The National Association of Home Builders (NAHB) reported that as Millennials begin to enter the home buying market, smaller homes will be desirable, laundry rooms will be essential, and home technology will become increasingly prevalent. They reported that top features of a home have to do with energy efficiency such as Low-E windows, Energy Star-rated appliances and programmable thermostats. The top features include a master bedroom walk-in closet and a separate laundry room. Storage is also important, with linen closets, a walk-in pantry and garage storage. Because they generally don’t have as much ready cash–or free time–as older home owners, Millennials are also seeking less expensive, low-maintenance choices like a brightly painted front door, strings of garden lights, and landscaping that needs less watering and mowing, and larger patios.

Two trends were also reported that play into home buying and home renovation decisions. Emphasis on the importance of outdoor living and that generation’s seamless use of technology. Since millennials are very comfortable with their smartphones and tablets, they increasingly seek ways to control their heating, air-conditioning, security and lighting as well as electronics like televisions and sound systems from their phones. 

Bradford Miller Law, P.C. can assist you with all your real estate needs at a very reasonable rate. Whether you are buying, selling, renting a property or need assistance with a building code violation we can help. Our experienced Real Estate Attorneys have been representing real estate clients for several years and have earned membership in the Better Business Bureau.

At bradfordmillerlaw.com you will find information about our firm along with helpful real estate information. To discuss your pending or potential real estate transaction call us at 312-238-9298 for a FREE 15-minute consultation.

Posted by Bradford Miller Law, P.C.
Practicing in Real Estate Law, Landlord Tenant Law, and Estate Planning
134 N. LaSalle, Suite 1040
Chicago, IL 60602

Offering free legal representation to homeowners seeking a short sale

Key words: Chicago short sale attorney, Chicago landlord tenant law attorney, Chicago Leases, Chicago estate planning attorney, Estate Planning Lawyer, Chicago Real Estate Attorney, Chicago Real Estate Lawyer, Real Estate closings, Chicago building code violations, Short Sale Attorney. This is intended to be advertising.  Please consult with an Attorney before acting on any information given here.

Tuesday, April 14, 2015

Default & Delinquency

Default: 
Failure to fulfill a legal obligation. A default includes failure to pay on a financial obligation such as not paying your mortgage. It may also be a failure to perform some action or service that is non-monetary like having a tenant that is not properly maintaining a property, they may be in default of the lease.

Delinquency:
Failure to make a payment when it is due. The condition of a loan when a scheduled payment has not been received by the due date, but generally used to refer to a loan for which payment is 30 or more days past due.

If you are a homeowner struggling with your mortgage payment, the most important thing is to avoid foreclosure. You have options available to you. A short sale is a real estate transaction in which the lender agrees to the sale of a house for less than the balance owed on the loan. Banks are usually much more interested in facilitating short sales which avoid costly foreclosures. Short sales also allow you to repair your credit sooner than if you went through a foreclosure.

Bradford Miller Law, P.C. has been representing both buyers and sellers of short sale properties for several years. We offer free legal representation to homeowners seeking a short sale. To discuss your options call us at 312-238-9298 for a FREE 15-minute consultation.

We can assist you with all your real estate needs at a very reasonable rate. Whether you are buying, selling, renting a property or need assistance with a building code violation we can help. Our experienced Real Estate Attorneys have been representing real estate clients for several years and have earned membership in the Better Business Bureau. At www.bradfordmillerlaw you will find information about our firm along with helpful real estate information. 

Posted by Bradford Miller Law, P.C.
Practicing in Real Estate Law, Landlord Tenant Law, and Estate Planning
134 N. LaSalle, Suite 1040
Chicago, IL 60602

Key words: Chicago short sale attorney, Chicago landlord tenant law attorney, Chicago Leases, Chicago estate planning attorney, Estate Planning Lawyer, Chicago Real Estate Attorney, Chicago Real Estate Lawyer, Real Estate closings, Chicago building code violations, Short Sale Attorney. This is intended to be advertising.  Please consult with an Attorney before acting on any information given here.

Thursday, April 9, 2015

Things to know about property titles

Title-the right to, and the ownership of, property. A title or deed is sometimes used as proof of ownership of land.

Title Insurance-insurance that protects lenders and homeowners against legal problems with the title.

Title Search-a check of the public records to ensure that the seller is the legal owner of the property and to identify any liens or claims against the property.

Chain of Title-the history of all of the documents that have transferred title to a parcel of real property, starting with the earliest existing document and ending with the most recent.

Clear Title-ownership that is free of liens, defects, or other legal encumbrances.

Bradford Miller Law, P.C. can assist you with all your real estate needs at a very reasonable rate. Whether you are buying, selling, renting a property or need assistance with a building code violation we can help. Our experienced Real Estate Attorneys have been representing real estate clients for several years and have earned membership in the Better Business Bureau.

At www.bradfordmillerlaw you will find information about our firm along with helpful real estate information. To discuss your pending or potential real estate transaction call us at 312-238-9298 for a FREE 15-minute consultation.

Posted by Bradford Miller Law, P.C.
Practicing in Real Estate Law, Landlord Tenant Law, and Estate Planning
134 N. LaSalle, Suite 1040
Chicago, IL 60602

Offering free legal representation to homeowners seeking a short sale

Key words: Chicago short sale attorney, Chicago landlord tenant law attorney, Chicago Leases, Chicago estate planning attorney, Estate Planning Lawyer, Chicago Real Estate Attorney, Chicago Real Estate Lawyer, Real Estate closings, Chicago building code violations, Short Sale Attorney. This is intended to be advertising.  Please consult with an Attorney before acting on any information given here.

Tuesday, April 7, 2015

Renting is like having a mortgage without benefits

Households that pay rent cannot claim any property ownership benefits when it comes time to file their yearly income tax. And, in many cases are simply paying off their landlord's loan. That's why in many cases, owning property can make more financial sense than renting.

Bradford Miller Law, P.C. can assist you with all your real estate needs at a very reasonable rate. Whether you are buying, selling, renting a property or need assistance with a building code violation we are here to help. Our experienced Real Estate Attorneys have been representing real estate clients for several years and have earned membership in the Better Business Bureau.

At www.bradfordmillerlaw you will find information about our firm along with helpful real estate information. To discuss your pending or potential real estate transaction call us at 312-238-9298 for a FREE 15-minute consultation.

Posted by Bradford Miller Law, P.C.
Practicing in Real Estate Law, Landlord Tenant Law, and Estate Planning
134 N. LaSalle, Suite 1040
Chicago, IL 60602

Offering free legal representation to homeowners seeking a short sale

Key words: Chicago short sale attorney, Chicago landlord tenant law attorney, Chicago Leases, Chicago estate planning attorney, Estate Planning Lawyer, Chicago Real Estate Attorney, Chicago Real Estate Lawyer, Real Estate closings, Chicago building code violations, Short Sale Attorney. This is intended to be advertising.  Please consult with an Attorney before acting on any information given here.


Thursday, April 2, 2015

Buyers did you know?

That the Federal Housing Finance Agency (FHFA) announced in December that it directed Fannie Mae and Freddie Mac to introduce programs offering down payments as low as 3% to qualified home buyers. Visit their websites and/or speak to lenders to see if you qualify and if this is the best option for your situation.

Bradford Miller Law, P.C. can assist you with all your real estate needs. From buying, selling, renting and even helping you with a building code violation we are here to help with all your real estate needs at a very reasonable rate. Our experienced Real Estate Attorneys have been representing real estate clients for several years now and have earned membership in the Better Business Bureau.

At www.bradfordmillerlaw you will find information about our firm along with helpful real estate information. To discuss your pending or potential real estate transaction call us at 312-238-9298 for a Free 15-minute consultation.

Posted by Bradford Miller Law, P.C.
Practicing in Real Estate Law, Landlord Tenant Law, and Estate Planning
134 N. LaSalle, Suite 1040
Chicago, IL 60602

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, Estate Planning Lawyer, Chicago leases, Chicago real estate attorney, Chicago real estate lawyer, Chicago real estate closings, 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.