Chicagoland Prices Hit Bottom
Chicago Metropolitan Prices Stabilize
Foreclosure Basics
Purchasing a foreclosure can be risky but an often rewarding experience financially and also emotionally. Not all foreclosures are good deals, and some need in excess of $10,000 worth of repairs, and/or are located in high life risk [...]
Purchasing a Foreclosed Property
Once you find a foreclosed property you have to be able to buy it. You can finance the purchase of some foreclosed properties, but most have to be paid for in cash because they are in such bad condition. Most people buy foreclosures after the Bank [...]
Winfield Realty Market Insights – Articles Archive
Keith Wolf of Winfield Realty has written and been interviewed for many articles on real estate topics. These articles are archived below and are in PDF Format. Flip That House - How Servicers are Leaving Money on the [...]
December 2009 Market Dynamics
Clicking on the following graph will popup up the full graph. Download a PDF of the December 2009 Market Data here.
One Stop Realtors
Did you know? The internet has caused an explosion of “For Sale By Owner” opportunities which has put pressure on the existing Real Estate Commission structure forcing Realtors to add value added services.
Forms of Ownership
Tenancy In Common Ownership by two or more people. Each owner owns an undivided fractional interest. Co-owners have unity of possession. Single or multiple deeds may be issued to reflect each owners fractional interest. Each co-owner can [...]
Types of Deeds
General Warranty Deed Provides the most protection of any deed type. Special Warranty Deed Contains two basic warranties. The grantor (seller) received title. The property was not encumbered while the grantor held title, except as [...]
Disclosure Laws
Agency disclosure and types of agency relationships must be in writing. Disclosure must be made before the customer reveals any confidential information to the Realtor (personal financial information, or other information that could affect the [...]
Law of Agency
Transactional Brokerage is a facilitator between buyer and seller to assist in negotiating the transaction. An agent works for a client. An agent works with a customer. Creation of Agency Relationships Illinois has enacted the Brokerage [...]
Latest Topics
Chicago Metropolitan Prices Stabilize...
Purchasing a foreclosure can be risky but an...
Once you find a foreclosed property you have...
Keith Wolf of Winfield Realty has written...
Tenancy In Common Ownership by two or...
