Yesterday I had a closing for a Lakeview condo that wouldn’t have happened for a few more days, if it weren’t for the extraordinary efforts of the buyer’s mortgage consultant, Michael Polera, and real estate attorney, Rachell Horbenko. Condo financing is challenging in this market and even more so when a jumbo loan is involved. […]
What can Happen when Your Attorney Doesn’t Specialize in Real Estate Law
Today I had a closing for one of my listings in Evanston. I was curious to meet the buyer’s attorney since he had done such a poor job representing his client. The buyer had my listing inspected during his 5 days of attorney and inspection (A&I) review. After the 5 days had passed I asked […]
I’ll Be More Careful When Recommending Real Estate Attorneys!
This has not been one of my more pleasant days. I let a real estate attorney that I had recommended to a couple of clients know that I wouldn’t be recommending her anymore. I had used the attorney for some personal business. She mentioned that she did real estate law, so I recommended her. The […]
An Unfortunate Situation That Could Have Been Avoided
Today I had coffee with another businesswoman, Jennifer, who shared her story of buying a new home. The woman used a REALTOR® to buy the home from a builder in Algonquin. After the contract was signed the agent disappeared not to emerge until the end of the closing when she picked up her commission check. […]
Pick Your Real Estate Professionals Carefully
Last Friday after a disconcerting phone conversation with a buyer’s mortgage broker, I wrote “A Mortgage Pre-qualification is Worthless as Part of an Offer“. The mortgage broker tried to get me to accept a mortgage pre-qualification for inclusion with my buyer’s offer. I insisted on a mortgage pre-approval. Any good listing agent receiving an offer […]
