Author: robertb12

Can a house be sold while in probate in Chicago 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

Help For Foreclosure In Chicago – 3 Ways To Avoid Foreclosure

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Few things are more devastating to families than the prospect of foreclosure. You own your home and you love it — it serves you well. Yet, due to unfortunate circumstances, foreclosure may seem imminent. For local IL families facing foreclosure, the stress can be almost unbearable. Worse yet, the foreclosure process can take months or even … Continued

4 Secrets to Profiting from Probate Properties in IL

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Point blank: When you know the secrets to profiting from probate properties, you have the ability to make a lot of money. Probate properties can be can found all across IL and RB Homes LLC can help you successfully navigate this world of investing.  1. Understand How The Process Works Buying a property through a probate court … 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

Can You Get Your House In Chicago Back After Foreclosure?

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If you’re facing the possibility of foreclosure in the future, perhaps you are wondering can you get your house in Chicago back after foreclosure. After all, you need a place to live! Unfortunately, after the court rules in the favor of your lender and agrees with the lender to proceed with foreclosure, it is very … Continued

Tax consequences when selling a house I inherited in Chicago

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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

Why Probate Can Be One of the Best Niches in IL

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Investing in probate properties is a method used by savvy investors as well as average buyers who are looking for a great deal on a IL home. Sometimes probate properties are listed on the MLS, other times they are sold off-market. Once you understand how probate properties are sold and you’ve found a professional you … Continued

3 Cons of Buying Probate Property in IL

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Have you considered buying a probate property in IL? Probate properties might seem like a lucrative investment, however, there are some cons of buying probate property you need to be aware of before you make your purchase.   This blog will tell you what you need to be aware of when investing in a IL probate … Continued