Real Estate Tips Archives

March 4, 2024April 25, 2024

What Makes a Good Real Estate Agent and How Do I Find One?

Industry pros think home prices could easily rise 2%-5% this year, judging by the Spring 2024 home buying rush already underway. If you want to take the best advantage of a promising market, you might be thinking of hiring an agent.

Anyone selling or buying a home can benefit from a good agent’s support. The right agent will help you get the best deal on the best home for you in the market you’re in. And that person can help you understand the finer points of your particular transaction, title, and deed.

Good agents help homeowners make smart decisions leading up to a sale. They organize timelines and meetings. They guide buyers through appraisals, inspections, and negotiations. They help secure well-informed, fair agreements.

November 27, 2023April 25, 2024

Does the TikTok Mortgage Hack Work?

Unless they’re lucky enough to assume someone else’s mortgage, current buyers are paying interest rates near 8%.

The media will report on this in all kinds of ways, because people want information and they want workarounds. But sometimes, in this click-driven media world, what’s packaged as news is really a distraction.

Let’s take a look at one of the latest things reporters have jumped on. It’s a TikTok account that posted a “hack” by which home buyers could cut their high mortgage rates for items they’ve wanted — like new cars or vacations.

Don’t believe it.

March 12, 2014April 25, 2024

Quitclaim Deeds and Continuation of Title Insurance

Provided by Matthew A. Quick, Esq., an attorney licensed in the state of Illinois.

Title insurance coverage is dictated by the terms of the policy issued by the title insurance company. In most, if not all, policies for title insurance there is a provision for “Continuation of Coverage” or “Continuation of Insurance.” Typically, this provision provides that the insurance will continue only so long as the insured holds an interest in the land or has liability by reason of warranties given in any transfer of the title.