Mindfulness & The Law

The topic of mindfulness is near and dear to me.  Last year, I was in a bit of a funk when I was fortunate enough to stumble on Dan Harris’s podcast.  Some of you may know Dan as the 10% Happier guy.  Dan had a man named George Mumford on

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Why Chicago Landlords Should Not Take Security Deposits

I should first and foremost make it perfectly clear that the follow advice is geared specifically toward Chicago (and maybe also Evanston) residential landlords.  If you are a commercial landlord, or a residential landlord somewhere else in

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LoftusLaw Goes To London

In another departure from the topic of real estate, I am pleased to report that LoftusLaw (basically just me) had the honor of spending a week in London, UK soaking in the sites and learning about the UK legal system and the legal traditions we

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Closing Costs Part 4 – Miscellaneous Charges

In the first three installments of my series on closing costs, I addressed real estate tax credits, title charges and lender costs.  This fourth, and final, last installment will address the last category of closing costs – everything else.

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Find Out If Hackers Have Your Personal Data and What To Do About It

This is not about real estate, but I feel like data security is important enough to share this with you all.  I am sure you can all recall hearing about data breaches that seem to seem to occur not so infrequently these days.  In 2016 alone,

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New IHDA Program Offers Up To $50,000 In Assistance To Under Water Homeowners

The painful memories of the housing bubble are quickly fading amidst the red-hot real estate market here in the Chicago area.  However, the good news is not universal.  Some homeowners live in sort of a limbo where they can just afford their

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Closing Costs Part 3 – Lender Charges

The third installment of my posts on closing costs focuses on charges you may incur at closing from your lender.  The vast majority of buyers do not have the cash to plunk down a few hundred thousand dollars to buy a home.  As a result, most real

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3 Negotiaton Strategies Sellers Can Use To Walk Away From Closing With More Money

Once you receive a decent offer for your home, you and the potential buyer will probably make the price the main focus of your negotiations.  As important as the price is, it is not the only contract term that determines how much money the

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