Articles filed under Residential Real Estate
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Underwater homeowners could face extra tax burden in 2014Dec 29, 2013 5:31 am - WASHINGTON — Struggling homeowners could be hit with an unexpected tax bill in the new year. A law that spared people who owe more than their homes are worth from being ...
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Condo talk: Association meeting minutes not public recordsDec 28, 2013 5:32 am - Q. I cannot locate copies of the minutes of meetings of the board or owners of my community association. Are minutes supposed to be filed somewhere in the public record,...
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Quinn signs foreclosure protection lawDec 26, 2013 5:46 pm - Gov. Pat Quinn has signed legislation to prevent lenders from selling a home if the homeowner is applying for federal mortgage assistance. The measure signed Thursday ta...
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Who says Christmas trees have to be three-dimensional — or trees?Dec 22, 2013 12:00 am - O Christmas … decal? Don’t rule it out. In recent years, websites such as Apartment Therapy, which specializes in small-space living and related urban conundrums, have f...
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Association should perform annual legal auditDec 20, 2013 11:12 pm - It’s that time of year again when a condominium or homeowner association board should conduct a review of its corporate procedures and activities. The board can do this ...
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U.S. existing-home sales drop for 3rd straight monthDec 19, 2013 9:47 am - WASHINGTON — The number of people who bought existing U.S. homes in November declined for the third straight month. Higher mortgage rates have made home-buying more expe...
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Average U.S. rate on 30-year loan rises to 4.47 pct.Dec 19, 2013 9:47 am - WASHINGTON — Average U.S. rates for fixed mortgages rose slightly this week but remained near historically low levels. Mortgage buyer Freddie Mac said Thursday the rate ...
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Elgin gives initial nod to senior housingDec 19, 2013 4:30 am - The Elgin City Council gave its preliminary OK to a project to build more affordable housing for seniors. The $25 million project by the Housing Authority of Elgin consi...
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‘Katie Project’ a fire-safety model begins in Arlington Hts.Dec 16, 2013 12:27 pm - Six weeks after a deadly fire in Arlington Heights took the lives of three women, a grass-roots initiative to promote fire safety took flight. Named in memory of a 7-yea...
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Jordan’s Highland Park estate up for auctionDec 16, 2013 5:40 am - HIGHLAND PARK — Michael Jordan’s 56,000-square foot home in suburban Chicago is up for auction. Concierge Auctions says the sale will take place Monday. The company ...