Tom Resnick
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Earnest money in limbo after buyers back outMay 15, 2016 4:00 am - Q. My husband and I sold our home and were scheduled to close the sale a few weeks ago. Two days before the closing, we found out the buyers were getting a divorce and t...
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Trustee of parents' estate nowhere to be foundMay 01, 2016 1:00 am - Q. My parents owned their home for over 35 years. My dad passed away a couple years ago and my mom just passed away recently. I am trying to figure out what to do with...
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It's common for aging parent to grant power of attorneyMar 13, 2016 12:00 am - Q. We will be listing my mom's house for sale within the next couple weeks. Mom has some memory and dementia issues, though much of the time she understands where she is...
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Buyers have several days to back out of real estate dealFeb 21, 2016 12:00 am - Q. We listed the home we have lived in the past 22 years for sale a few weeks ago. There was much interest and we received two offers within three days of listing the pr...
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Botched closing results in added expensesFeb 07, 2016 12:00 am - Q. My wife and I were scheduled to close on our new home a few weeks ago. The sale of our old home was scheduled in the morning and our buy was scheduled that same day i...
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How to successfully appeal your property assessmentJan 24, 2016 12:00 am - Q. My wife and I are considering appealing our assessment. I remember reading in one of your columns about different ways to request the appeal. Could you please refresh...
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Short sale provides more time in the homeJan 17, 2016 12:00 am - Q. We have been trying to do a short sale on our house that is badly under water. The bank has now offered us something called a "deed in lieu of foreclosure." What is...
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Valid real estate offers must be in writing, and signedNov 22, 2015 12:00 am - Q. My wife and I made an offer on a short-sale home, which the sellers agreed to for $240,000. We gave our $2,500 earnest money with the offer. The bank countered for $1...
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Exemption not allowed on rental propertiesNov 08, 2015 12:00 am - Q. In 2003, my wife and I bought a townhouse in Cook County. I have been leasing the property since it was purchased. I just realized I have been receiving the homeowner...
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Legal avenues exist to get judgment from former tenantOct 25, 2015 1:00 am - Q. As a landlord I have had the unpleasant task of having two evictions in the past year. The issue I have is that even though the courts awarded judgments to me for tho...