Constructing a residential or commercial property is a significant investment. You expect it to be top-notch since you invested thousands of dollars to have it standing. However, the constructors you work with make this impossible if they make mistakes and fail to...
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real estate disputes
How do sellers try to hide defects within a home?
Technically, sellers are supposed to disclose any defects or issues with a home before they sell it. This doesn't mean they have to know everything about the condition of their home, but they have to tell the new buyers about anything that they do know. Unfortunately,...
Why shouldn’t you ignore a boundary dispute?
Boundary disputes have been an issue for as long as people have claimed the rights to pieces of land. If you are fortunate, you will notice problems before you purchase a property. Yet, often, you do not discover them until afterward. What then? Once you discover a...
What happens if a home inspector misses a major defect?
The home inspection is one of the last steps you have to go through before you close on a home. The inspector is supposed to go through the property to look at the condition. They point out things that are problematic so you can address those before you complete the...
When might you want to pursue a quiet title action on your property?
There are all kinds of problems that can crop up with a deed on a piece of real estate -- and ownership interests can get very confused. When more than one party may have a claim on a piece of property, one of those parties may eventually initiate a quiet title action...
Do sellers have to disclose all defects in a home?
When buying a home, you may ask the sellers about any defects the home may have. They don’t have to tell you about every scratch on the baseboards, but they do need to point out any major defects that could be a safety hazard or could be very expensive to fix. But do...
Is the seller responsible for defects in a property?
When you buy a property, you want to be sure that it’s free of defects. Unfortunately, that isn't always easy. Some sellers may purposefully hide known defects, while others may not know that any defects are present. Either way, it creates a major issue when buyers...
How sellers hide home defects
Legally, sellers are required to tell you about any known defects with the home before you close on the property. You have a right to know what you are buying. They can’t ignore issues or, perhaps worse yet, attempt to cover them up. These issues directly impact the...
If defects weren’t disclosed, you may have legal options
You were excited to move into a new home until you completed the sale and finally got there. While everything looked good on the outside, you started to notice little issues as you walked around the home. First, you felt like the patio wasn’t leveled. Then, you...
Do you know what red flags to look for while viewing houses?
Buying an Illinois-area home to live in or use as an investment property is a considerable undertaking. Unless you know what separates a good investment from a money pit, you may very well end up with a real estate fiasco after signing all the paperwork. To help...