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March 2008 - Posts

Sunday, March 02, 2008 2:15 PM

Short Sale versus Foreclosure

A “ short sale ” refers to a situation where the property owner does not have enough equity in the property and not enough cash or liquid assets to be able to sell the property, pay off liens and selling expenses (e.g., closing costs, property
Posted by Irina Allison, Principal Broker | 25 Comments
Sunday, March 02, 2008 1:57 PM

Illinois Radon Awareness Act

Just a reminder, that the new Illinois Radon Awareness Act took effect January 1, 2008. This means that every seller is required to provide two documents to a prospective buyer: a disclosure form and a pamphlet entitled "Radon Testing Guidelines
Posted by Irina Allison, Principal Broker | 1 Comments