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The New Way To Sell Your Home in Peoria

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Are you planning on selling your Peoria house? Before you commit to an agent or try to sell it on your own, learn about the new way to sell your home in Peoria! For most people, the thought of selling their Peoria house will likely involve the MLS and the help of a local agent. Before … Continued

Can a house be sold while in probate in Peoria IL?

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Probate is the process of reassigning the property to the beneficiaries after the person dies. When a person passes away they leave their loved ones and their property behind. Sometimes the last will or the Testate is left behind by the person and in some cases it is not. Whatever is the situation, the property … Continued

What happens when you inherit a house in IL?

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Inheriting a house is one of the few big surprises that life brings us sometimes. But what happens when you inherit a house in IL? As much as you may want to keep an inherited house, sometimes you may be forced to consider putting it up for sale. Well, selling an inherited house can be … Continued

Tax consequences when selling a house I inherited in Peoria

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Inheriting a home is a pretty sweet experience, yet bitter at the same time… You are left with great property value you can use to improve your life, but you are still mourning the loss of a loved one. So you may tend to ask yourself at this point “what are the tax consequences when … Continued

The probate process for a house in Peoria – don’t get shortchanged

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Buying and selling of real estate is big business in any economy in the world. As a population increases, more houses are needed for people to live in and offices for people to work in. Despite this fact of life, real estate transactions can still be very risky propositions! Especially when it comes to probate … Continued

The Devastating Consequences Of Foreclosure In Peoria For House Sellers

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If you are trying to sell your house, you may be finding that it is more difficult than you had expected… especially if your house has any repairs needed that buyers just don’t want to deal with. In this article we’ll dive into some of the devastating consequences of foreclosure in Peoria for house sellers.  … Continued

What is a short sale and how does it benefit you in Peoria IL?

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What is a short sale and how does it benefit you here in Peoria? If you’re thinking that question about yourself… great question! In this article we’ll dive into that question so you as a Peoria IL home owner can tell what your options are during foreclosure or just if your home mortgage is underwater. … Continued

Short Sale vs. Foreclosure – What’s the Difference?

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Whether you’re a buyer or a borrower / seller, a short sale and foreclosure each present different advantages and difficulties. What Is A Foreclosure In Peoria IL? In simple terms… “A foreclosed home is one in which the owner is unable to make his mortgage loan payments and the bank repossessed the home” (source).  If … Continued