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Earnest Money—What Is It and When Can the Seller Keep It?

Earnest Money—What Is It and When Can the Seller Keep It?

by web | Aug 17, 2023 | Residential Real Estate Sellers

Earnest money in real estate, often called a “good faith deposit,” is a sum paid by a home buyer to the seller shortly after an offer is accepted to show serious intent to complete the purchase. It is typically 1% to 3% of the purchase price and is held in an escrow...
What to do if your Buyer walks away before the Closing

What to do if your Buyer walks away before the Closing

by web | Jul 20, 2023 | Residential Real Estate Sellers

The closing of a home is meant to be a momentous occasion for both the seller and the buyer. The last step in a transaction is where the rubber meets the road. Ideally, both buyer and seller want this final stage to go smoothly. If you’re sensing some friction or...
Can I Move Out of My Illinois Home Before It’s Sold?

Can I Move Out of My Illinois Home Before It’s Sold?

by web | Jun 5, 2023 | Residential Real Estate Sellers

It can be hard to line up your moving timelines, especially with the unpredictability of the buying and selling game. You might even need to move before you sell your home…but is that feasible? The good news is that nothing can stop you from moving into your new home...
Illinois Home Inspections: What to Expect from the Buyer

Illinois Home Inspections: What to Expect from the Buyer

by web | May 18, 2023 | Residential Real Estate Buyers, Residential Real Estate Sellers

Selling a house in McHenry or Lake County? It’s always an exciting milestone to sell your home, but there is still some red tape even after accepting an offer. Once you accept an offer, the buyer will usually start with a home inspection. These home inspections and...
Everything You Need to Know About Short Sales in Illinois

Everything You Need to Know About Short Sales in Illinois

by web | Apr 27, 2023 | Residential Real Estate Sellers

Your home is probably one of your largest investments. While the thought of selling your house usually brings feelings of stress and terror, it may be necessary if you can no longer keep up with repayments. At Diamond Real Estate Law, we help the citizens of McHenry,...
Do I Need a Lawyer to Sell a House in Illinois?

Do I Need a Lawyer to Sell a House in Illinois?

by web | Mar 9, 2023 | Residential Real Estate Sellers

Selling a house is difficult enough, but in today’s market, with so many potential buyers and such a low inventory of houses for sale, it’s often even more confusing. Fortunately, you don’t have to do it all on your own. An experienced real estate attorney can help...
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Navigation

  • Home
  • About3
    • Samuel J. Diamond
    • Adam J. Diamond
    • J.P. Hough
    • John D. Parisi
    • Megan McAndrews
  • Practice Areas3
    • Family Law3
      • Property Division
      • Legal Separation
      • Divorce3
        • Complex Divorce
        • High Net Worth Divorce
      • Alimony
      • Child Custody3
        • Child Custody Modification
        • Child Custody Relocation
      • Child Support
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      • Will
      • Trust
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      • Foreclosure Defense
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    • McHenry County3
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        • Crystal Lake, IL Divorce Attorneys
      • Woodstock
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