Author: Chad

What Bloomington Home Sellers Should Know About Taxes on a Sale

Understanding The Taxes When Selling Your Home In Bloomington

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Understanding Capital Gains Tax: Selling Your Home in Bloomington It’s important to know what capital gains tax means when you sell your house in Bloomington. This tax is based on the profit you make when you sell a property, so it’s important to know how it will influence your finances. The Internal Revenue Service (IRS) … Continued
filing a quitclaim deed in Bloomington, IL

Guide To Filing A Quitclaim Deed For Real Estate In Bloomington, IL

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At Reliable Cash Buyers, we help you navigate the process of filing a quitclaim deed in Bloomington. We guide you step by step by preparing the form, getting it notarized, and filing it with the county recorder. Understanding Quitclaim Deeds: Definition and Purpose A quitclaim deed is a legal document that is frequently seen in … Continued
House with tenants in

Navigating Tenant Laws: Selling A House With Tenants In Illinois

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Understanding Tenant Rights in Illinois: A Comprehensive Guide Navigating tenant regulations in Illinois necessitates a detailed awareness of tenant rights, particularly when selling a home with tenants still living there. In Illinois, tenants are safeguarded by statutes that ensure their rights are upheld during the sale process. Landlords must offer adequate notice before showing the … Continued
How to sell a foreclosure house in

Effective Strategies For Selling A Foreclosure Home In Illinois

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Understanding Foreclosure Laws in Illinois: A Comprehensive Guide Understanding Illinois foreclosure rules is critical when selling a foreclosed home successfully.  In Illinois, foreclosures are primarily judicial, which means they proceed through the court system. This procedure begins when a borrower fails to make mortgage payments, forcing the lender to file a lawsuit to seek a … Continued