Articles filed under New Homes
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US homebuilder sentiment reaches four-month high on 2025 outlookOct 17, 2024 7:45 pm - Sentiment among U.S. homebuilders jumped to a four-month high this month, with the prospect of lower mortgage rates fueling optimism about demand for new houses in the coming year.
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Get it in writing! Oral agreements are valid, but hard to proveAug 29, 2024 3:48 pm - Ending a lease in the middle of the contract can but done, but it’s best to get the agreement from your landlord in writing; otherwise the written lease may prevail in court.
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Do leases automatically renew unless you give notice? It’s not the law.Jul 25, 2024 6:00 am - An owner wants to keep a renter’s security deposit because he didn’t give 60 days notice. He said it’s the law. It’s not, but it could be in the lease.
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It’s complicated: Is homeowner responsible for unpaid subcontractors?Jun 14, 2024 11:00 am - A homeowner was surprised to receive notice of lien from a subcontractor after getting some work done on their house. How can this situation be prevented?
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Proceed cautiously when lawyers reach out after closingMay 03, 2024 6:00 am - How can this former condo owner prove he knew nothing about the assessment for a new roof?
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How long can a tenant stay after a condo is sold?Mar 28, 2024 7:38 pm - A long-term tenant might be expecting to stay through the summer if the condo is sold this spring. Can the landlord end the tenancy earlier?
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Are security deposits more trouble than they are worth?Jan 26, 2024 6:00 am - Q. I have owned rental property in the Chicago suburbs for many years. Over the past year or two, many of the folks that I know that also rent property in the area st...
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Should I purchase a home in a master-planned community?Jan 13, 2024 7:00 am - When shopping for a home, it can be hard to find a property in a desirable neighborhood that boasts attractive surrounding residences, plentiful green space, nearby parks...
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How a family-owned Mundelein home inspection company navigates housing market roller coasterDec 19, 2023 11:13 am - The housing market is like a never-ending roller coaster, going up and down at various speeds, often with little to no warning of what’s ahead. But the wild ride doesn’t...
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New Crystal Lake development offers rental townhouses, apartmentsNov 01, 2023 1:00 am - Construction has been completed and leasing has begun for phase one of Enclave Crystal Lake, which will offer 51 rental townhouses and 48 apartments. The new residentia...
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