May 16th, 2011
The following is a case of fraud taken from our Fraud Insights newsletter for May.
Careless Whispers
An escrow officer with Chicago Title’s Skokie, Ill. office, was conducting a signing without the buyer or seller in the room. To set the stage, the signing ceremony was being conducted with both the buyer and seller’s [...]
January 28th, 2011
One of my hobbies has always been to snoop around houses for sale. When I was younger, it was to dream about what my home might some day be like. Now, I still do it for fun but also to know what is happening in our market. I’ve noticed on the rainy days, I’m not [...]
January 21st, 2011
Is your head spinning? The way people are doing business is changing so fast. It is all at once cool and potentially overwhelming. Last week at Inman News Connect in NYC, Chris Smith from Tech Savvy Agent shared that THIS year, 10-17% of your business will come via mobile devices. This means [...]
January 18th, 2011
Are you still trying to figure out what lies ahead for our new construction real estate market in 2011 and beyond? Well, look no further! Chicago Title is holding our annual Builder Forecast Forum later this month on January 27th. If you decide to attend, which I highly recommend that you do, [...]
September 26th, 2010
Watch out for this one gang. As we see more short sales, this addendum may cause us all some headaches unless we understand it clearly. In the past, people have sold their homes, gotten their cash, paid their bills and moved on. Now, in the event of a short sale, there isn’t [...]
August 9th, 2010
Short sales comprise around 30% of the closings we see in our office and there doesn’t appear to be an end in sight! In talking with agents, I find they either want to know everything about them or want to avoid them like the plague.
If you are considering dipping your spoon in the short [...]
June 17th, 2010
Now that we have all been using the new 2010 HUD for the past few months and are trying to get more comfortable with it, I thought I’d post this FAQ sheet to answer some more questions.
This FAQ is designed to make it easier to read the 2010 HUD for transactions in the State of [...]
April 30th, 2010
How do you really feel about the 2010 HUD? Have you looked at the 2010 HUD and said to yourself “My commission’s missing” or “This isn’t the total of my lender/mortgage broker fees”? Don’t worry, that’s the way it’s supposed to look. The 2010 HUD is no longer a simple detailed list of anyone’s fees. [...]
March 22nd, 2010
Yes…It’s That Time Again! Tax Season!
As a professional real estate agent, there are many tax deductions that you can potentially claim as business expenses. It’s always a good idea to contact your tax advisor or accountant if you have any questions.
Here are Some Common Tax Deductions for Real Estate Agents:
Advertising Costs: Signs, newspaper advertising, flyers, [...]