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August 24, 2010

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Real Estate Resources

The best way to inform yourself about Illinois Real Estate Law and Real Estate related topics. Our Real Estate Resource Center includes the following sites for your personal use:

Are you currently looking to purchase Illinois real estate? If so, contact one of our experienced Illinois real estate lawyers today!

Did You Know?

Proposed Construction is properties approved for mortgage insurance prior to the beginning of construction
This means that the DE Statement of Appraised Value or Early Start letter has been issued by the DE Underwriter for the property prior to pouring of the footing. For high ratio loans, provide either the appraisal or Early Start letter AND at least three inspections (initial, framing and final) by a HUD fee approved panel inspector or approved local jurisdiction.

	Newsroom
	News about real estate cases in Illinois and nationwide: Federal Indictment In Foreclosure Scam Targeting Homeowners A federal grand jury has returned a new indictment that adds three defendants to a case stemming from a $12 million foreclosure scam in which homeo... Read more > Real Estate Services Company Settles Privacy Charge A title company that promised consumers it maintained "physical, electronic and procedural safeguards" to protect their confidential financial info... Read more > HUD Releases $3 Billion In Emergency Funding To Mississippi WASHINGTON – Housing and Urban Development Secretary Alphonso Jackson today announced he is releasing $3 billion to the state of Mississippi to hel... Read more > More Real Estate News >

Real Estate Terms

Today's Terms

Housing counseling agency

Definition:
Provides counseling and assistance to individuals on a variety of issues, including loan default, fair housing, and homebuying.

Delinquency

Definition:
Failure of a borrower to make timely mortgage payments under a loan agreement.

FHA

Definition:
Federal Housing Administration; established in 1934 to advance homeownership opportunities for all Americans; assists homebuyers by providing mortgage insurance to lenders to cover most losses that may occur when a borrower defaults; this encourages lenders to make loans to borrowers who might not qualify for conventional mortgages.

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Real Estate Resources

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Real Estate Hot Topics

Topics Related to Real Estate Law:

Commercial Real Estate
Construction
Condemnation
Landlord / Tenant
Mortgage Matters

Illinois Real Estate Attorney

If you live in the following cities and need an real estate attorney you should contact our Real Estate Attorney as soon as possible:

Arlington Heights
Aurora
Bartlett
Berwyn
Bolingbrook
Buffalo Grove
Carol Stream
Chicago
Chicago Heights
Cicero
Des Plaines
Elgin
Glenview
Granite City

Harvey
Joliet
Lockport
Lombard
Mchenry
Moline
Mount Prospect
Normal
Oak Lawn
Palatine
Plainfield
Tinley Park
Waukegan
Wheaton

Legal Disclaimers
All attorney listings are a paid attorney advertisement, and do not in any way constitute a referral or endorsement by an approved or authorized lawyer referral service. The information provided on Real Estate Lawyer Illinois.com is not intended to be real estate advice, but merely conveys general information related to real estate issues commonly encountered.

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