Posted on May 23, 2022 in Real Estate

After a long time living in a rented apartment, you're finally ready to purchase a house of your own. When you're ready to close on the house, you find out that it's already been sold to someone else. Because this individual maintains that it has always been their house and that they have never attempted to sell it, you have no right to claim it as your own.

You're understandably puzzled. There's no way you intentionally put yourself in this position. The only thing you were looking for was a home. How is it conceivable that someone else - someone who did not sell you the house – believes they also own it? This may be a case of fraud. But how?

Home Title Theft

Home title fraud or theft is one of the most typical ways in which the aforementioned scenario may occur. The theft, also called house stealing by the FBI, is as follows:

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 Posted on April 27, 2022 in Real Estate

Purchasing a home is a big step in one's life. However, it may also cause a great deal of stress as well. This is especially relevant in marketplaces where the stakes are high. Knowing what to look out for before a purchase helps to minimize the chances of stumbling into any potential concerns.

 For help with real estate purchases in Illinois, trust the experienced legal support services of the Glenview real estate attorneys at The Livingston Law Office, LLC.

The Basics

Research: Get to know the neighborhoods you're interested in and research the market value of homes in those areas.

Get a Lawyer: Real Estate Agreements are often complex. To make sure you understand the terms of any agreements that may be involved in purchasing a home, a good lawyer should be involved early in the process.

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