Real Estate
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Conversion of hotel into Lake County’s first permanent family shelter underwayDec 20, 2024 10:19 am - A Travelodge hotel in Waukegan will be converted into the first permanent shelter in Lake County for families with children experiencing a housing crises.
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Lack of mortgagee information could delay amendment effective dateDec 19, 2024 3:43 pm - When does an amendment to the declaration of an owner’s association become effective? The board has discovered it will take some time to find all the mortgagee information for the required mailing.
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Federal Reserve cuts its key rate by a quarter-point but envisions fewer reductions next year
Dec 18, 2024 6:37 am - The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, largely because of still-elevated inflation.
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Questions about home inspectorsDec 18, 2024 12:01 am - What should one consider before entering the business of home inspection? Columnist Barry Stone answers four questions to set you on the right path.
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Federal Reserve is likely to slow its rate cuts with inflation pressures still elevated
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Shodeen fines snowball to more than $41K for blacksmith shop
Dec 14, 2024 4:59 pm - With fines over its property code violation ratcheting up to $41,250 — as of Dec. 10 — developer Shodeen filed a new court action to undo the city of Geneva’s effort to make a former blacksmith shop “weather tight.”
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More apartments, stores could be coming to downtown Des PlainesDec 13, 2024 2:21 pm - Months after it first was proposed, a plan for a seven-story apartment building with ground-floor retail spaces in downtown Des Plaines will be reviewed by the city council Monday.
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Board can boot absent treasurer from office, but not boardDec 12, 2024 3:46 pm - The board of our condominium is comprised of seven members. The officers of the association are a president, vice president, secretary and treasurer. The treasurer has not attended any of the monthly board meetings in about six months. Is there any law that would allow the board to deem the board member in question removed from the board due to these absences?
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Should agents recommend home inspectors?Dec 11, 2024 1:53 am - Should real estate agents be recommending specific home inspectors? A reader weighs in on advice from an expert.
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Arlington Heights board inks deal to lower Bears’ tax bill until stadium construction beginsDec 09, 2024 9:59 pm - The Arlington Heights village board on Monday approved a deal nearly two years in the making that aims to resolve the property tax dispute between the Chicago Bears and three area school districts.