There was a time when renting an apartment or a private residence was as simple as pulling up to the For Rent sign, looking at the place and signing a lease. Today, that market has become influenced by financial clout, sad stories and significant tenant demand. Rental = Financial Relationship Between Strangers From Landlord’s Perspective … Continue reading
by LORETTA ALONZO, CRB, GRI on SEPTEMBER 6, 2011 In early May, Illinois Association of REALTORS® (IAR) Housing Policy Advisor, Sharon Gorrell and I attended a meeting in Washington, D.C., with the U.S. Department of the Treasury, bank servicers and other REALTOR® Association representatives to discuss flaws in the system of approving short sales and deed-in-lieu of foreclosure … Continue reading
Navigating Short Sales: What to Do When the Sale Price Leaves You Short If you’re thinking of selling your home, and you expect that the total amount you owe on your mortgage will be greater than the selling price of your home, you may be facing a short sale. A short sale is one where … Continue reading