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301 Greenview Drive, Crystal Lake, IL 60014

773.818.9054 office/cell

866.381.4238 efax



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This office serves clients in real estate transactions of all types. I also assist clients with estate planning for everyone, including the LGBTQ+ community.

I work with clients in Chicago and all over the Chicagoland area, including Wilmette, Skokie, Morton Grove, Plainfield, Wheaton, Glencoe, Lake Forest, Naperville, Oak Park, Winnetka, Des Plaines, Orland Park, Berwyn, Carol Stream, Arlington Heights, Crystal Lake, Barrington, Palatine, Park Ridge, Gurnee, South Holland, Park Forest and more.
My goal is to give each and every client personal, friendly and competent service at a reasonable price. I also strive to use technology in the best way possible to keep my clients informed.
My legal background includes working for a major Chicago developer and working for a boutique firm in their real estate division. I also was a landlord of a three flat building in Rogers Park for over fifteen years and I am a licensed managing broker of a small real estate brokerage.
I work with all different types of clients, including developers, first-time buyers, buyers of second (or third!) homes, all sellers and the LGBTQ+ community. 
My real estate blog is below. Please make sure to check back on a regular basis to check out what's new. I update my blog about once a week and welcome any questions that you may have.
Ask me too about help with personal injury, divorce, and any other legal issues! I know plenty of people in the legal world and can refer you to the right person for your needs.

301 Greenview Drive, Crystal Lake, IL 60014

773.818.9054 office/cell
866.381.4238 efax

Recommend my site by clicking here!

Check out my interview, Expert Advice on Buying a Foreclosed Home on Illinois Homes, one of the top sites for Illinois homes for sale, including Wheaton, IL real estate. Illinois Homes also services Michigan homes for sale and Pennsylvania homes for sale.

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Wednesday, April 2, 2014

Illinois Offers a New First-Time Homebuyers Program

First-time home buyers in Illinois could receive further assistance in the process with a new loan program.

A new program, Welcome Home Illinois, will allow qualified first-time homeowners the opportunity to receive $7,500 toward the down payment or closing costs as well as a 3.99 percent interest rate on a secure 30-year fixed mortgage. Governor Pat Quinn announced the program Tuesday.

Borrowers must be first-time home buyers or haven't owned a home in the past three years, contribute the greater of 1 percent of the overall purchase or $1,000 toward the down payment and have a credit score of at least 640.

Welcome Home Illinois is funded through the Illinois Affordable Housing Trust Fund, and Illinois Jobs Now!

Interested home buyers can find additional information about the program and a list of lenders on the Illinois Housing Development Authority website.

4:03 pm cdt 

What Happens at a Closing?

Many of my first time buyers ask me what exactly happens at closing, and how long it usually takes. Here is a brief outline of what happens at a closing table.

1) First, you will sign loan documents. Your attorney will be there to explain all the documents you're signing, and to make sure the terms that you agreed to in your Good Faith Estimate are the terms reflected in the loan documents.

2) Your attorney will also review Seller's documents at that time, including a deed, affidavit of title (a promise from Seller that title is clear), title policy or commitment that has been "waived" (showing that title is clear from liens and encumbrances) and other pertinent documents for the title company. If you are buying a single family home, and a survey is being provided by the Seller, that will also be reviewed at that time. Keep in mind when you purchase a foreclosed or short sale property, a survey may not be provided at closing.

3) After your loan documents are signed, they will be sent to your lender in order for them to review them. This may take a matter of minutes, or longer, depending on how busy the lender is. There may be some waiting involved, and this is the wild card in guessing how long a closing may take. Some closings will take an hour or two, some may take longer. There's no way for anyone to make an educated guess as to how long it will take because of this.

Once the lender gives a funding "number", or funding approval, you officially have your loan, and you're a homeowner! You will leave the closing table with copies of all documents you signed, keys to the property, and possibly a refund check if you brought too much money to the table. I'll blog more on this in the days to come, and give more detail. 

10:26 am cdt 

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