Author: Cristian

Stopping the Foreclosure Process: A Guide for Chicago Homeowners

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Facing foreclosure on your Chicago home can feel like drowning in uncertainty, but you don’t have to lose everything. The constant pressure of bank communications, missed mortgage payments, and sleepless nights takes a tremendous toll—especially without proper guidance. Take comfort knowing that foreclosure impacts millions of American homeowners each year, and there are legitimate, transparent … Continued

How to Sell Your House During Bankruptcy in Chicago

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When homeowners file for bankruptcy, their home becomes part of the bankruptcy estate—essentially, property they own. In October 2022, chapter 13 bankruptcy filings increased by twenty-seven percent compared to the previous year. Overall bankruptcies rose by seven percent across all chapters, directly mirroring the seven percent inflation increase. Many Chicago homeowners, particularly those with older … Continued

5 Tips for Siblings Dealing With Inherited Property in Chicago

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Have you inherited property in Chicago? Unfortunately, many parents leave their homes to multiple children without establishing a clear transition plan, creating a challenging situation during an already difficult time of grief. The sudden influx of paperwork, legal requirements, and financial decisions can feel overwhelming when you’re emotionally vulnerable. This critical period requires careful navigation … Continued

Tax consequences when selling a house I inherited in Chicago

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Inheriting a home often presents a complex emotional and financial situation: while you’ve gained a valuable asset that could improve your financial future, you’re simultaneously processing the loss of a loved one. For Chicago homeowners weighing their options during this challenging time, understanding the tax implications when selling an inherited property can provide crucial clarity … Continued

How to Handle an Inherited Chicago Property When There Is No Will

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Navigating the loss of a loved one without a will can feel overwhelming. Beyond the emotional burden, there are practical matters that demand your attention, especially when inheriting property in Chicago. As bilingual real estate specialists who understand both the emotional and legal complexities involved, we recognize that knowing your rights as an heir is … Continued

4 Hidden Costs You Can Face When Inheriting a Property in Chicago

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Inheriting a house can feel overwhelming, especially when you’re already dealing with grief, family dynamics, and unexpected responsibilities. What seems like a financial blessing can quickly become a burden when hidden costs emerge. At this emotional time, you need clarity about what property inheritance truly means for your finances. When taking on an inherited property, … Continued

How To Price Your Inherited Home In Chicago For Sale

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If you’ve inherited a property and you’re planning to sell it, make sure you read this blog post for 3 practical tips about how to price your inherited home in Chicago for sale—especially if dealing with older homes or code violations… Did you inherit a property that you’re now thinking about selling? While an inherited … Continued

5 Signs it’s Time to Sell Your Chicago Investment Property

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Wondering if it’s the right moment to part with your rental property? It’s always beneficial to understand the key indicators that might suggest it’s time for a change. Join us as we explore these five clear signs that it’s time to sell your Chicago investment property, especially if you’re dealing with older homes or code … Continued

Investment Property Taxes Capital Gains – What Chicago Investors Should Know

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If you’re a real estate investor considering selling a property, or if you’re planning to purchase property now with an eye toward future selling, you might be concerned about potential tax implications. In this straightforward guide, we’ll explore investment property taxes capital gains – what Chicago investors should know about capital gains to help you … Continued

Chicago Investment Property: Knowing What You Can Write Off on Your Taxes

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Strategic retirement planning demands careful attention to income sources, with real estate investments offering exceptional tax advantages designed specifically to stimulate market growth. For Chicago investors, these overlooked tax opportunities can significantly impact your long-term wealth preservation. The cumulative effect of missed deductions on your investment property can be substantial, making proper understanding crucial for … Continued

5 Tips For Selling Your Rental Property In Chicago

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Managing a rental property with tenants while trying to sell can feel overwhelming. Our bilingual team has helped countless landlords navigate this exact challenge. Check out these practical tips for a smooth, stress-free sale of your rental property! As a landlord in Chicago, there may come a time when you need to sell your rental … Continued

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