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How To Buy A Short Sale Property In Illinois

Do you want to purchase a new home in Illinois for a bargain? If you answered yes, then you should consider getting properties that are on a short sale. A short sale property always sells below the amount the current owners owe on it to their lender. Anything from unemployment to a divorce can force homeowners to sell their home for less than what it would have amounted to, provided they paid their mortgage regularly. Experienced Illinois short sale attorneys from Covert Marrero Covert will ensure you get the best deal. How To Buy A Short Sale ...

Should I Get A Home Loan Modification In 2021?

If you are having trouble making mortgage payments on time, you should consider getting an Illinois home loan modification with the help of a lawyer. You should know that you aren’t alone. Due to the Covid-19 crisis, moratoriums have been placed across the nation on foreclosure and eviction proceedings. By the end of August, the Federal Housing Finance Agency (FHFA) extended it to cover mortgages on single-family homes. However, when the FHFA realized that a lot of homeowners may default on mortgage payments after the moratorium expires, they...

How To Protect Yourself From A Real Estate Market Crash

The stock market is not the only thing that can suffer from a bubble home prices can be affected by a real estate crash. During the notorious housing bubble of 2008, home prices plummeted to an all-time low and a large number of borrowers had to default on payments and foreclosures were at an all-time high. It lead to the greatest credit crisis and recession since the Great Depression. While the crisis was the result of a series of factors, an Illinois real estate attorney will recommend that you protect yourself from the next crash by followin...

5 Facts You Need to Know About DUI Charges in Illinois

Before hiring a DUI lawyer in Illinois, you should appraise yourself of the information surrounding DUI charges in Illinois. This includes the following: 1. Penalties Differ As Per Frequency The amount for DUI charges in Illinois depends on the number of times you are being charged. For example, a first-time offense can lead to a year in prison and a fine amounting to $2500. A second offense could result in a conviction and a revocation of your driver’s license. In addition there are stiffer penalties such as 5 days in jail or 240 communi...

How To Choose The Best Criminal Defense Lawyer

If you have been charged with a criminal offense, you need the best criminal defense lawyer in your corner. Even a small crime can lead to a hefty prison sentence and penalties that can ruin your future. Needless to say, the defense lawyer you choose should be the cream of the crop. Here are some tips that can help you choose the best one: Determine If the Attorney Understands Your Legal Requirements Irrespective of how minor or major your criminal charge is, determine your legal requirements via a consultation. You may not be aware of the opti...

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