Tom Resnick
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Court costs and attorneys fees are not the same thingOct 27, 2017 6:00 am - Q. I was a tenant in a guy's condo for a couple years. I lost my job and couldn't keep up with the rent. Eventually, the landlord sued to have me evicted. We went to cou...
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Escrow fund should not be short right after closingOct 08, 2017 6:00 am - Q. We purchased a condo in May of 2010 and immediately rented it to our daughter and granddaughter. They lived there for seven years and in 2017 we sold it to her and we...
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Couple discovers past loan still a "lien" on their homeAug 27, 2017 6:00 am - Q. My wife and I are in the process of obtaining a home-equity loan for our co-op apartment. We currently have one mortgage on the co-op and are obtaining a home-equity ...
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Best to keep up your utilities on, and record clearAug 13, 2017 6:00 am - Q. My tenant is living in my rental house, has not paid rent or utilities and the lease states that the tenant is responsible for utilities. The utilities are in my name...
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If rental unit is unlivable, get city involvedJul 16, 2017 6:00 am - Q. I rented the lower level of a house in Naperville about 18 months ago. There were some mice early in my leasing and I thought the situation was remedied when I placed...
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A 1031 exchange delays, not eliminates, capital gains taxesJun 02, 2017 1:00 am - Q. I have a question about a 1031 exchange. Am I required to use the entire proceeds from my sale on my purchase of the new property or can I take some of the proceeds f...
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It's fairly uncommon for seller to stay past closingMay 21, 2017 6:00 am - Q. My husband and I are buying our first home. We have agreed on everything with the sellers except for one thing. They are an older couple and need extra time to move o...
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Radon level can be contentious in sale negotiationsApr 23, 2017 6:00 am - Q. My husband and I signed a contract to purchase our first home. We did a radon test as part of the home inspection. The test showed the radon levels were above the EPA...
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Buyers have legal remedy for refrigerator switchMar 12, 2017 6:00 am - Q. My husband and I bought our first house a few weeks ago. The contract stated the refrigerator would be included. There was a beautiful new refrigerator in the kitchen...
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Land trust supersedes will regarding inheritanceFeb 26, 2017 5:00 am - Q. My uncle died late last year and his will stated that any real estate he owned would go to me and my wife. He owned a small house in Wauconda that's probably worth ar...