The Impact of ABN AMRO v McGahan on Already-Issued ForeclosuresBy Kevin M. HudspethOctober 2010Article, Page 520Does a recent Illinois Supreme Court opinion render some alreadyissued foreclosure orders voidable? If so, what might that mean for the property and subsequent buyers?
The New, Improved Home Repair and Remodeling ActBy Adam B. WhitemanSeptember 2010Article, Page 462ISBA-inspired changes specify that a homeowner's remedy for an HRRA violation is to sue under the Consumer Fraud and Deceptive Business Practices Act.
Reinstatement of real estate license. PA 096-0989September 2010Illinois Law Update, Page 452The Real Estate License Act has been amended to enable managing broker licensees, brokers, and leasing agents more flexibility in renewing their license. (225 ILCS 454/5-50)
Tenancy by the entirety gets a boostBy Helen W. GunnarssonSeptember 2010Lawpulse, Page 446Spouses no longer must choose between the protection against creditors provided by tenancy by the entirety and the estate-planning advantages of a revocable inter vivos trust.
2010 Spring Session RoundupBy Jim CovingtonAugust 2010Column, Page 404A summary of key Illinois legislation passed this spring.
ABN AMRO: A victory for the foreclosed-uponBy Helen W. GunnarssonAugust 2010Lawpulse, Page 394The Illinois Supreme Court holds that in a foreclosure suit, the mortgage lender must name (and thus notify) the personal representative of a deceased borrower before the trial court can hear the case.
Real estate lawyers: beware short-sale fee agreementsBy Helen W. GunnarssonAugust 2010Lawpulse, Page 394A proposed fee arrangement presented to a lawyer by a short sale negotiator raises red flags for a veteran real estate practitioner.
Is Selling Title Insurance a "Business Transaction"?By Joseph R. Fortunato and Steven B. BashawJanuary 2010Column, Page 50A reference to the sale of title insurance in the new rules has some lawyers concerned.
New law brings transparency to homestead assessments. PA 096-0122November 2009Illinois Law Update, Page 552State lawmakers recently added new language to the state Property Tax Code to help homeowners understand and challenge changes in their property assessments.
Presenting property tax appealsOctober 2009Column, Page 532Q: The fair market value of my house has decreased since the recession, but my property taxes haven’t. I’ve filed an appeal of my assessment with the Board of Review, and I’m waiting for the hearing. What is my best argument at the hearing? What should I take with me in the way of evidence? What are my chances in getting the taxes reduced?
Correspondence from Our ReadersBy Anthony C. RaccugliaMay 2009Column, Page 218Fending off foreclosure - who controls the debt?; Don't allow parties to depose their own experts.
Real Estate on HoldBy James K. WestonApril 2009Column, Page 206The real-estate market, still frozen by fear, is producing few opportunities.
Creative ways to fend off foreclosureBy Helen W. GunnarssonMarch 2009Lawpulse, Page 116Two lawyers think outside the box to help clients hang on to their homes, one by negotiating with lenders, the other by leveraging the power of Chapter 13.
The Illinois Mortgage Foreclosure Law 20 years laterBy Helen W. GunnarssonFebruary 2009Lawpulse, Page 64One of the drafters of the statute describes how it improved the procedure process and what loose ends remain.
New RESPA Regulation Finally ArrivesBy James K. WestonJanuary 2009Column, Page 52HUD has finally pushed out its RESPA regs. Here's an at-a-glance review.
Real estate lawyers fear "law related services" definitionBy Helen W. GunnarssonJanuary 2009Lawpulse, Page 10Defining "law related services" in Illinois' ethics rules could encourage UPL, pose malpractice risks, and cause other problems, real estate lawyers tell the supreme court.